Windsor Terrace: Hot or Not?
An article in the latest issue of the Real Deal looks at Windsor Terrace and sees lukewarm prospects for the neighborhood. Why so? Well, to begin with, one broker says prices in the area are falling. An Elliman broker who recently sold three Windsor Terrace townhouses says prices are down 7.5 percent, and that properties…
An article in the latest issue of the Real Deal looks at Windsor Terrace and sees lukewarm prospects for the neighborhood. Why so? Well, to begin with, one broker says prices in the area are falling. An Elliman broker who recently sold three Windsor Terrace townhouses says prices are down 7.5 percent, and that properties are slow to sell. Other brokers, meanwhile, say a lack of new development in the neighborhood means there’s not enough inventory. And Windsor Terrace home values may fall even more if prices drop in the Slope. My feeling about Windsor Terrace is that as Park Slope goes, the Terrace goes, says Zev Keisch, a broker at Bond New York. If Park Slope shows a slowdown, then people who were compromising by going to Windsor Terrace to be in that area don’t necessarily have to and can look at their first choice, Park Slope, with a greater chance of a successful buy.
Windsor Terrace on Edge [The Real Deal]
Photo by Betty Blade.
I am from wt and lived there most of my life and don’t get me wrong – PS is beautiful but I LOVE pulling into my driveway every night and not having to look for parking…. WT over PS any day
After nine years in the Slope, I moved to Windsor Terrace and love it. But I also had a bedroom that was on Seventh Avenue outside the bus stop, so the newfound peace is glorious.
Can we discuss the F train? I think it creates a value problem for WT and South Slope. Thought really hard about buying in WT love it in almost all respects, but oh the F train! Most of us need a job to pay our enormous mortgage.
Can we discuss the F train? I think it creates a value problem for WT and South Slope. Thought really hard about buying in WT love it in almost all respects, but oh the F train! Most of us need a job to pay our enormous mortgage.
“people who were compromising by going to Windsor Terrace”
*sigh*. for some, maybe it’s a compromise. if i were looking to buy or rent, given the choice, windsor terrace would get my vote. i love the low-rise feel of the neighborhood, and the homes with the porches kind of make me wish i didn’t currently live in north brooklyn. don’t get me wrong, park slope is beautiful and grand. but sometimes lovely and sweet will do just fine, thankyouverymuch.
“same shit, different day.”
or same shit, different smell.
So true.
well i do hope you realize 4:01…seeing as you clearly have a very open mind and high intelligence that this being a predominently ANONYMOUS blog, there are posters out there who couldn’t even find park slope on a map who make comments about it to start up some trouble.
but i’m sure you already know that.
it’s a difference that can’t be seen, only read on real estate blogs
“i don’t hate park slope, just the people who live there”
all of them? wow.