Taking the Pulse of Bed-Stuy
The Journal has an article this morning that looks at home values and retail openings in Bed-Stuy, characterizing the latter as particularly impressive. Openings in the past year have included Italian restaurant Sud Vino e Cucina, doughnut shop Dough, and the cafes Cinnamon Girl, Brooklyn Stoops and Daily Press Bed-Stuy. One of the co-owners of…
The Journal has an article this morning that looks at home values and retail openings in Bed-Stuy, characterizing the latter as particularly impressive. Openings in the past year have included Italian restaurant Sud Vino e Cucina, doughnut shop Dough, and the cafes Cinnamon Girl, Brooklyn Stoops and Daily Press Bed-Stuy. One of the co-owners of Daily Press Bed-Stuy, who has lived in the neighborhood for five years, has this to say: “There’s a changing demographic that would appreciate more of a higher-end coffee shop, but there’s also a lot of [longtime] residents there who appreciate what we’re doing… The neighborhood has changed so much just in the past five years, it’s amazing—every time you blink there’s something new.” Meanwhile, the median sales price of homes in Bedford Stuyvesant during the first half of 2011 was $373,500, according to data from StreetEasy, which is a 24 percent drop from the same period in 2008 but an increase of 8 percent as compared to the first two quarters last year. However, there was more sales volume last year and this year than in 2008, which bucks a citywide trend.
Bedford-Stuyvesant Steps Up Its Game [WSJ]
That was a really good and accurate article. Thank you, WSJ. They mentioned a few new restaurants I hadn’t heard of, and I live here. The area is huge though. Seems, anecdotally, whenever I hear of anyone buying a place, it’s usually in Park Slope or Bed Stuy — the two extremes of most desirable and most affordable. I am sad, though, about the bookstore closing, and also La Table Exquise, which I hear was done in by Irene. That bakery was excellent. Oh, and the new Saraghina fish restaurant is supposed to open this month. And they forgot Tin City, now a full-fledged lunch counter.
That was a really good and accurate article. Thank you, WSJ. They mentioned a few new restaurants I hadn’t heard of, and I live here. The area is huge though. Seems, anecdotally, whenever I hear of anyone buying a place, it’s usually in Park Slope or Bed Stuy — the two extremes of most desirable and most affordable. I am sad, though, about the bookstore closing, and also La Table Exquise, which I hear was done in by Irene. That bakery was excellent. Oh, and the new Saraghina fish restaurant is supposed to open this month. And they forgot Tin City, now a full-fledged lunch counter.