The Price is High, But Manhattanites Are Buying It
As Brooklyn real estate got pricier and pricer in the ’00s, a greater number of Manhattanites moved here, according to an article in the Observer. IRS data shows that more than 3,700 Manhattan residents moved to Brooklyn in 2006 (the most recent year for which such stats are available), the most this decade. At the…
As Brooklyn real estate got pricier and pricer in the ’00s, a greater number of Manhattanites moved here, according to an article in the Observer. IRS data shows that more than 3,700 Manhattan residents moved to Brooklyn in 2006 (the most recent year for which such stats are available), the most this decade. At the same time, more than 10,000 Brooklynites have moved to either Staten Island or Queens every year since ’02. The point of the article is that while Brooklyn has continued to get more expensive (per Miller Samuel, median condo/co-op price in Manhattan in ’07=$850,000; per Corcoran, median price for a brownstone Brooklyn unit last year was $590,000) and the pricing gulf between the two has narrowed, moving to Brooklyn is no longer driven purely by economic necessity: “Perhaps it’s that Brooklyn has ceased to be simply another economic option for priced-out Manhattanites; instead, it’s now safer than ever to assume that moving to Brooklyn is more of a social or personal decision than an economic one. It will only become more so as real estate differences between the two melt away.”
Where Brooklyn Gets Its New Yorkers [NY Observer]
Graphic by Nigel Holmes for The Observer
I think Maggie Gyllenhall is quite pretty (never seen Secretary, huh?) and she’s a terrific actress.
Her brother is hotter than f*ck.
To 11:28,
Maggie Gylenhall is one ugly broad. She clearly got beat with the ugly stick as a child & her brother takes it in the pooper. She really looks like the red headed stepchild of Babe Ruth with that nose of hers. I feel bad for her ’cause she’s so damn ugly.
It is more expensive to rent and own in Brooklyn Heights, Park Slope and areas of Ft. Greene than it is to live in parts of Manhattan.
All three of those neighborhoods are more expensive than above 96th, parts of the far Upper East Side, parts of Murray Hill, Lower East side, etc.
How do you explain that, the What?
I moved to Park Slope from the Upper West Side and my rent here in Brooklyn is $150 MORE than it was in my place on 76th and Columbus.
To bad you let a little thing called facts get in the way of most of your arguments.
Truman Capote put it best:
“I live in Brooklyn. By choice.”
“Bullshit….if you could afford a brownstone on the UES you’d live there in a heartbeat over Brooklyn”
BTG This the first and last statement I will agree with you!
Most of the Asshats wish they could live in the city and BTW Manhattan is getting cheap. Just look on Craigslist, some good bargains.
The What
Someday this war is gonna end…
BTG…your UES comment shows your true colors.
Yuck.
I used to think I might want to live in the West Village, but I was there last Friday night and was appalled by the way that neighborhood as changed. On Bleeker Street alone, there are like 6 Marc Jacobs stores and 3 Ralph Lauren stores. Everything cool has closed it seems, including Condomania and honestly…I’d say 1 out of every 3 people were early 20 something girls obviously from New Jersey wearing outfits that makes Julia Roberts walking into the Beverly Wilshire look like a socialite.
It’s sad how that area has changed. The architecture is the only thing that really keeps it alive for me.
UES — probably not. But I’d live in Greenwich Village in a nanosecond.
UES – are you kidding!! the blandest hood in the whole of manhattan – where people go to die.