House of the Day: 272 Halsey Revisited
On the heels of several price cuts on Bed Stuy townhouses last week comes news that 272 Halsey, which we featured back in June when it was on the market for $1,175,000, has had its asking price reduced to the oddly specific number of $1,097,450. Although this is a cute house, it needs some work…

On the heels of several price cuts on Bed Stuy townhouses last week comes news that 272 Halsey, which we featured back in June when it was on the market for $1,175,000, has had its asking price reduced to the oddly specific number of $1,097,450. Although this is a cute house, it needs some work and was overpriced to begin with so there’s not a whole lot to read into here. Our guess is that it’ll have to come down at least 10 percent more before finding a buyer.
272 Halsey Street [Corcoran] GMAP P*Shark
House of the Day: 272 Halsey Street [Brownstoner]
Price Cuts at Bed Stuy Townhouses: Is This a Trend? [Brownstoner]
Still on the market at $999,000
This really proves a point most people are killed my people they already know… Most of the time stranger do no kill one another. A lot of times it is someone that the person lives with.
Oh no the killer is sleeping next to me LOL…
well someone was shot in clinton hill in broad daylight yesterday and he’s still on the loose.
i believe that trumps the last two posts.
Funny this morning in PS when I was wallking to the train there was two men “talking” about killing each other…
Hate to break it to you, 12:30, but people buying 750K and up brownstones in Bed Stuy are not middle class.
That might be your version of middle class, but it ain’t mine.
You are severely out of touch with reality.
Bed Stuy is what it is. A place with great architecture and major social problems. You can ignore it all you’d like, but the community needs a lot of help. That help will not be in the form of those coming in and pushing old residents out for their own greed.
At least in Park Slope, when it was being gentrified, ACTUAL middle class people were the ones who did so, and has now reaped the benefit of a truly stable, economically viable community with services, shops, restaurants and people that really care about their community.
Last time I was in Bed Stuy there was someone yelling to someone else “at least i didn’t kill my girlfriend”
9:06, you obviously know nothing about Bed Stuy other than vague rumors, hearsay,
First of all, all white people moving into BS are certainly not rich. They are mostly young renters in search of a bargain, or middle class buyers in search of an affordable home. Read any thread about BS, according to popular wisdom, the white rich would never come here to live. Just as all white people are not rich, neither are all black people poor.
Secondly, it has not been the “handful” of wealthy black homeowners who have kept this neighborhood together for the last 50 years, it’s the very large community of middleclass folks – the teachers, city and state workers, post office, health care workers and secretaries who have invisibly and quietly raised generations here who make up the majority of residents here. They are the majority of Bed Stuyers, more than the new rich or the very poor.
It would be much more comfortable to keep thinking that black Bed Stuyers are only a couple of really wealthy people and an enormous amount of the desperate poor, because you know very little about the community, or black society in general. Next time, do some research before making an absurd and insulting generalization like that.
But then your entire post had so little actual fact in it anyway.
Wrong, 7:17. There is a huge amount of difference between a predominantly black (or any other kind) of neighborhood, and a segregated neighborhood. Segregated implicitly means that there are legal or societal rules and laws that prevent communities or schools or whatever from integrating. No one is preventing white and other peoples from moving into Bed Stuy. In fact, most of these newcomers are the first to say in forums such as this, that they are welcomed and befriended by the majority of their new neighbors, something they have never experienced anywhere else. Contrast that with communities such as Mill Basin, Howard Beach, and other communities where blacks have been made to feel VERY unwelcome, to the point of deadly encounters. If you want to call any communities segregated, it is those, and places like it.
Extremely ironic how a community like BS goes from being economically and socially segregated by outside forces, see redlining, continuous negative media attention, etc – to being accused of self segregation when land and housing is running scarce. Welcome to the reservation, kimosabe.
No I am not ignoring the people such as the low class in my neighborhhod and as far as diversity goes I was talking about race….
why??? because I see white not necessairly RICH moving into my neighborhood, but lets talk about “just because you need to recoup a large sum of money you put into your housing” I am not worried about this market because like everything else this situation will pass….and actually my home which i invested in I am totally happy about the choice i made to live here…
Bay Ridge is certainly not segregated. Segregation is not only racial, but financial. Bay Ridge and Mill Basin have a very distinct blue collar, middle class and upper class.
Bed Stuy has no such thing. There are the rich white new crowd, a handful of wealthy african americans and a huge portion of very poor/lower class.
I’d say you’d be hard pressed to find a neighborhood in New York with such a lack of a middle class.
Even in Manhattan there is moreso with all of the rent control and rent stabilized apartments among projects among million dollar lofts among older walk up co-ops among…
Don’t fool yourself into thinking you live in the picture of diversity just because you need to recoup a large sum of money you put into your housing.
It’s excactly why we’re in this mess. And I’m not talking just the mortgage meltown mess. I’m talk mess of a country.
Ignoring all the people among you who are less fortunate do not make them invisible.