Newcomers Find Crown Heights Retail Lacking
North Crown Heights may be luring more affluent buyers with its gorgeous—and recently landmarked—rowhouses, but some of the newbie homeowners think the area’s shopping scene leaves a lot to be desired. According to an article in today’s Sun, as more buyers see the neighborhood as an affordable alternative to Prospect Heights, they’re also anxious to…
North Crown Heights may be luring more affluent buyers with its gorgeous—and recently landmarked—rowhouses, but some of the newbie homeowners think the area’s shopping scene leaves a lot to be desired. According to an article in today’s Sun, as more buyers see the neighborhood as an affordable alternative to Prospect Heights, they’re also anxious to see a retail renaissance on thoroughfares like Nostrand. A Wall Street worker who recently closed on an $870,000 Hampton Place home, for example, says he’s ready to see more restaurants in the ‘hood: “If there was something to patronize, I’d willingly spend money there. I’d like to see more amenities. People have money here. Somebody has to be the pioneer and open up something. It’s just a matter of time.” Think he’s right?
Retailers So Far Fail To Follow Homebuyers to North Crown Heights [Sun]
Photo by ultraclay!.
I agree it’s only a matter of time, 2:42.
Problem is, you are paying prices to live there that do not reflect that attitude. That’s the problem.
People bought homes for 200K in Park Slope and Ft. Greene when those neighborhoods were “a matter of time” but you are paying a million dollars for the same thing.
And you are doing it AFTER a major housing bubble meaning that the same rate of return that lots of folks in those other neighborhoods saw does not necessarily mean you will see the same thing.
It’s LOCATED LOCATED LOCATED less than 5 minutes from Crown Heights! 400k per minute.
Park Slope, Brooklyn Heights, Clinton Hill, Prospect Park South were all at one time what Crown Heights is. Crown Heights has many beautiful blocks and homes and It’s a wonderful thing that it’s being consisdered as affordable/spacious housing and many are making investments of this sought in this particular area. When gentrification occurs it welcomes an opportunity for massive change as what is know happening in Crown Heights,within Crown Heights not only are ammenities lacking such as banks,gyms,shops, quality supermarkets, but even so current business owners operating within crown heights particulary Nostrand Avenue are not growing and adapting to what is taking place around them. Many have the same store fronts, products, services that they carried 5, 10, 20 years ago. There not at all apealing to the new residents.Brooklyn is beautiful, it’s hip, it’s were it’s happening, it’s diverse. It’s really not about catering to yuppies, but as business owners, the skill of survival is knowing how to grow and adapt with the times of a changing market.But indeed I would certainly like to see more than a strip of hair salons, beauty supply stores,carribean eateries, mix use store front spaces with no flair or curb appeal. People!!!It wil be 2008, the developement is massive in Brooklyn, let’s get on the same page.
thanks 12:26 for a dose of reality. There are haters on every blog.
Crown Heights is a wonderful place to raise a family. It has good pockets and some bad, and I would rather spend my money here then in other parts of brookylyn.
The Hassids opened up a panini shop on Kingston, south of Eastern parkway – I’d like see something like that or even a decent coffee joint on Kingston. And please all you haters out there, don’t tell me a sandwich shop or coffee house would be bad for the area. You might be suprised that local folks enjoy these “ammenities” too.
Someone is buying that organic produce at the grocery store.
I count 4 vacant storefronts on Kingston Avenue (not including the burned out building “for sale” on the corner of Kingston and Easter parkway).
Its only a matter of time……..
If they put this house in Park Slope, I’d buy it.
If they could put that Prospect Lefferts Gardens house in Crown Heights I would buy it.
The What
Someday this war is gonna to end…
It has, 2:27?
Why do all the Park Slope haters constantly talk about how far it is from Manhattan then?
Couldn’t possibly be because they’re bitter.
No way.
I love how one of Crown Heights’ biggest assets according to Wikepedia is its proximity to Park Slope.
Posted by: guest at November 8, 2007 12:21 PM
Park Slope proximity to Manhattan has always been used as a top selling point of that nabe.
I love how one of Crown Heights’ biggest assets according to Wikepedia is its proximity to Park Slope.
Posted by: guest at November 8, 2007 12:21 PM
I agree, if you have a house for a third of the price, with easy access to your higher priced neighbor that should top the list.