Bushwick Booming, Or So The Brokers Say
Have you heard the news? Bushwick is hot. “It’s what Williamsburg was in the ’90s [and] what SoHo was in the ’80s,” says Len Moroz, co-owner of Potion Café in the McKibben Lofts building. With the first several condo projects in the area having sold at well above expected prices last year, brokers (hardly an…
Have you heard the news? Bushwick is hot. “It’s what Williamsburg was in the ’90s [and] what SoHo was in the ’80s,” says Len Moroz, co-owner of Potion Café in the McKibben Lofts building. With the first several condo projects in the area having sold at well above expected prices last year, brokers (hardly an unbiased crowd) are predicting that more and more landlords will be converting their rental buildings to condos in the near future. So who’s going to buy all these new condos? “Artsy Yuppies,” says Douglas Elliman’s Lisa Maysonet, who’s had her hand in the sale of several new condos in the nabe. “They’re artsy in look and feel,” she says of the gentrifiers, “but not in occupation.” That is, they have a real paycheck but are still partial to the bed-head look. Do you think there are enough of these folks to fuel a continued condo boom in the area or do you not believe the hype?
Approaching the Summit [NY Post]
Photo by martha martha martha
12:24…do you realize how ugly jealousy is????
in case you haven’t noticed, this is a free country. someone who chooses to go to art school is not taking up space just because they choose to do something else later in life. would you prefer that we instruct you what to do with the rest of your life??
what an insane comment.
People that go to art school and then turn Marketing Exec. I hate you. I hated you in art school too. Why did you go to art school and take up space if all you end up is a marketing exec. Geez At the VERY least become a lawyer and work for the common good. Crap a marketing exec. NO wonder NYC sucks nowadays..
Problem with Bushwick is that it sits on some seriously toxic waste. I lived in a place on Knickerbocker. The party wall in my room was shared with a glue factory — nice sour smell that made my cells scream “cancer!”
The trucks barreling down Johnson, kicking the waste into the air, didn’t help things.
Williamsburg and Greenpoint aren’t any healthier, but they do have the river, and there’s a kind of clean breeze there, because of the open air. Bushwick has no river (unless you consider English Kills), so there’s a literal congestion of industrial buildings. In the summer, it’s stifling.
But I do think the scene there is interesting, at least more so than the rest of NYC. Which, frankly, isn’t saying much. New York’s days of being cool are over. For now . . .
Sylvia…sounds like your client wanted to get back to selling drugs and didn’t need no binchi bedheads bringing attention around and messing with his moolah.
haven’t y’all heard, the new “it” nabe is Philly. Geez….
I also collect 80’s HC records….I thought I was the only one in BK that get’s excited over finding The Faith “Subject To Change” 12″ at Academy records,etc…
As for amenities….in my immediate area I have abrand new Laundromat, 2 gourmet/health food stores, a few decent cafes,video store, a few bars, a dry cleaner, 2 vintage/thrift stores,a handful of decent restaurants,etc….anyone who thinks that Bushwick has no amenities, probably hasn’t been here or isn’t looking hard enough.
jake, I am not, nor ever claimed to be, cool. actually quite boring.
Sylvia, when was the last time you actually walked around Bushwick?
There are many “amenities” in Bushwick, but they are mostly targeted to a low-income Hispanic population. There is a lot of great Latin food, decent grocery shopping, plenty of laundromats and an overabundance of cellphone and 99-cent stores. The main shopping drags are Broadway under the J between Gates and Myrtle, and Knickerbocker starting at Myrtle going toward Maria Hernandez Park. Bushwick has already gotten quite expensive, and its rapid gentrification is hurting longtime residents who kept it alive after the devastating 1977 blackout.
I have no doubt that Bushwick will only grow in popularity–it’s an easy commute to desirable parts of Brooklyn as well as Manhattan.