Quote of the Day
I had two really hard core Manhattanites out to Park Slope for brunch yesterday. ALL they talked about was how they wanted to move out here…they commented that the men are hotter, the stores were cuter, the people were nicer and that it was greener and prettier. Even though the economy is in the toilet,…
I had two really hard core Manhattanites out to Park Slope for brunch yesterday. ALL they talked about was how they wanted to move out here…they commented that the men are hotter, the stores were cuter, the people were nicer and that it was greener and prettier. Even though the economy is in the toilet, it doesn’t change the fact that there are some really spectacular things about Brooklyn, and some people as they tire of Manhattan will consider it more and more, I believe.
— by 11217 in Sales: Turner Towers Spread Gets Full Asking Price
I second that vote THL. Great quote Italiana!
I vote Italiana71 @ 10:21 for quote of the day!!
I’ve lived in one borough or another my whole life. I’ve traveled to four of seven continents and visited many different states. You couldn’t get me to live anywhere else but right here – come hell or highwater.
I didn’t buy in brooklyn to make a deal. I bought in Brooklyn to make a home. And I’ve found that not worrying about what my house will be worth in 10 years keeps me very happy.
But that’s just me.
Biff,
Isn’t it pretty to think so?
Couldn’t resist 😉
But I think we’ll be singin’ a different tune in November if this thing comes down team Palin…
Biff–nicely said. There is nothing to be gained from sitting around and bemoaning the situation. Many of these things are beyond any of our control. I for one am not going to let an economic downturn destroy my appreciation for Brooklyn. There are many more things to worry about in life than property values. I think that this crisis is separating the people who live in Brooklyn because they love it from those who saw it just as an investment opportunity.
I’m not denying we’re experiencing incredibly challenging times (I’m pretty certain that occupation-wise, I’m closer to what’s happening in the economic markets than most others). But let’s not underestimate the power of mob mentality and psychology in this. I’m not at all implying to be reckless: do whatever you can to hold onto your job, live as modestly as you possibly can right now, invest safely and smartly, etc. I appreciate 11217’s contributions to this blog and, quite frankly, I don’t understand the anger some are directing towards him. His original quote did nothing but express his and his friends’ passion for Brooklyn. His subsequent posts don’t seem to indicate a denial of the financial crisis as much as a love of NYC.
I think one can still try to be positive and realistic at the same time. There’s nothing wrong with believing that we will get through this, the sun will continue to rise and life will go on.
I’m with 11217. Anybody who is down on Brooklyn now because the “value” of real estate is down is not a true lover of Brooklyn. 11217, I hear you. There are some serious fair weather Brooklynites around here.
So what are you saying cwb? That folks are more likely to leave the city in good times rather than bad? That in bad times people are trapped like rats on a sinking ship?
I think you are a bit demoralized. Or perhaps you should rething your similies.
Educated new Yorkers are not trapped like rats. Even the ones that have bought too high will find a way out of it. But it is true that the markets are crashing around us like collapsing construction cranes. Are you too foolish to grasp the seriousness of the situation? If you are, most are not. So don’t get in their way as they look for the exits.
I don’t think 11217 is denying that NYC will undergo some big changes. He’s disagreeing that people are going to flee it like rats from a sinking ship, mainly because the rest of the country is, for the most part, in an even worse state. It’d be like rats fleeing a sinking ship in order to board a sinking ship that’s also on fire.
Kind of like the great depression, as he points out … yes, some people left New York then, too, but more people came in than left.
For those being hit hard in New York, if a killer opportunity comes along, they’re going to bolt. That’s not really in question, is it? That happens even during good economic times — in fact, it may happen more frequently, since good opportunities come along more frequently when the economy’s humming.