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People searching for Brooklyn homes on the Real Estate Board of New York’s ResidentialNYC web portal are most likely to look for properties in Park Slope, Bay Ridge or Bedford-Stuyvesant, according to an article in this morning’s Eagle. The Slope is Brooklyn’s most searched-for neighborhood, followed by Bay RIdge and Bed-Stuy. According to data collected on ResidentialNYC, the Brooklyn sales market isn’t exactly flagging. Average prices for co-ops and condos increased 11 percent (to $501,000) from January ’07 to January ’08. Average prices for all home types increased a far more modest 2 percent, year-over-year, to $587,000. “Despite a national real estate slowdown, the Brooklyn market continues to show some signs of growth with apartment prices increasing 11 percent throughout the borough, said REBNY Prez Steven Spinola.
Park Slope, Bay Ridge, Bed-Stuy Named ‘Hottest’ Nabes [Brooklyn Eagle]
Slope photo by wallyg; Bay Ridge photo by gmpicket; Bed-Stuy photo by ultraclay.


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  1. Gabby, if you read the Brooklyn Eagle piece it is abundantly clear it’s nothing but a way for the newspaper to run an advertisement masquerading as an “article.” The third sentence is:

    “ResidentialNYC.com is a resource for home seekers throughout the five boroughs and particularly in Brooklyn…said Steven Spinola, REBNY president.”

    No one uses this site, it sucks, and has a small fraction of the listings Streeteasy has. If the Brooklyn Eagle really cared about what searches people were running wouldn’t they have also contacted Streeteasy, Corcoran etc.?? They didn’t do that because they just want to run this advertisment for ResidentialNYC and you link to this crap?

  2. They don’t have listings from Corcoran or Douglas Elliman, and the interface at independent sites like Streeteasy is far better. Why would anyone use REBNY? Judging by the comments here, no one does.

  3. man, these brokers are fighting this the whole way down. they have to rely on CPW/Plaza inflated medians for “proof” that NYC prices aren’t going down. then, they completely ignore the loud absence of bidding wars, which were so commonplace a year or two ago. now they say that drops in ask do not equate drops in price. but before, it was: ask does not represent the true price and you should be prepared to overbid. whatever. ignore the falloff in bonuses, ignore wall street layoffs, ignore tighter credit, ignore buyer sentiment, ignore the recession. doubting thomas had to feel the wound. learn how to spell capitulation.

  4. Gabby why do you keep posting this nonsense. This website has maybe 10% of the listings and I do not know of anyone who uses it.I think sometimes you post this shit just to get a reaction out of people.

  5. I WHOLE HEARTILY AGREE WITH 9:48.

    And what’s that political bs, talking about “Blue State thinking”? I guess you’re some sort of Republican Wall Street whore who only cares about himself? Ooops, got political myself! So sorry! Whore!

    The thing is, the more people like you deny, the worse it gets. We need to face up to the fact that we are on the verge of the worst recession (potential depression) in the past 60 years, people!

    Wake up! New York City, although extremely arrogant, will get its balls kicked. hard!

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