Is Wallabout Having a Moment?

This weekend’s “Living In” column in the real estate section of the Times is about Wallabout, with the article making the case the area sandwiched between the northern boundaries of Clinton Hill and Fort Greene and below the Navy Yard has been “coming into its own of late”—or, that it’s increasingly being seen as an actual, and desirable, residential neighborhood. Evidence in support of this view includes the recent landmarking of a block in the neighborhood; the construction of the Navy Green development; new restaurants and businesses that have come to Myrtle Avenue; and Pratt and the Navy Yard’s ongoing investments in the area. A broker says the average house price in Wallabout is $975,000. Some residents and neighborhood leaders are raising concerns about longtime residents getting pushed out. Adam Friedman, director of the Pratt Center for Community Development, is quoted as saying the following: “It does feel like the area is primed, but we want to make sure the development doesn’t lead to displacement.”
Where History Meets Industry [NY Times]