Next Goldman M&A Target: Brooklyn Heights?
We got an email a few days ago from a regular tipster who’s always been right in the past so we’re tempted to give him the benefit of the doubt this time around. While pointing us in the direction of a recent sale on Joralemon Street, he noted that the buyer happened to be a…
We got an email a few days ago from a regular tipster who’s always been right in the past so we’re tempted to give him the benefit of the doubt this time around. While pointing us in the direction of a recent sale on Joralemon Street, he noted that the buyer happened to be a Goldman Sachs executive. This was, he claimed, part of a trend that’s seen members of the city’s most successful investment bank crossing the East River (more than usual) in recent months to buy a piece of the rock in Brooklyn Heights. Another broker we quizzed, who has several Goldman clients looking in the neighborhood at the moment concurred, said he knew of two Goldman deals that have taken place in recent weeks. The only bank where bonuses are expected to rise significantly this season, Goldman bankers and traders are certainly in the best position to snap up those $5 million-plus houses. Think there’s anything to this “trend” or has it just always been so?
Wall street wife when asked where she lives: “In Fort Greene in a rehabilitated crack house.”
Park Slope is the hinterland, that is why it is so well preserved. Once you finally get there though, it is really nice.
PS I don’t think the subways have been reliably running on the weekends in any part of Brooklyn for about four years.
Park slope has a very uptight-money vibe. Whatever it was is long gone. And places like Fort Greene are worse – nouveau riche with gnawing social inferiority because they couldn’t afford park slope. Ugly scene.
I think that 11:07 is right, people that work on Wall Street and make the really big bucks live mostly in the posh suburbs, like their antecedents. A few live in Brooklyn. A few uber-rich types live in Brooklyn Heights and at least one I met lives in Cobble Hill.
We all love Brooklyn, but it still connotes poverty and urban ills to too many people who just do not know a lot about New York.
From what I hear, many of the execs would not mind living in Brooklyn but their wives absolutely veto the notion. It is seen as declasse and inconvenient by them.
Who cares about Park Slope? It’s the hinterlands.
“It takes a minimum of half hour by car to get into Manhattan from Park Slope and that is on a Sunday with no traffic. Subway, also minimum of a half hour.”
One word for you:
WRONG
You are assuming all of Park Slope is bound by the F Train which is incorrect. From the 2/3 at Bergen or Grand Army Plaza, the commute to Wall Street is 15 minutes and 25 to 42nd Street. From the 7th Avenue Q station, it is 15 to Union Square and 30 minutes to 42nd Street.
11:20, Is the handbag designer the lesbian? Hot!
Seems like the ‘alleged’ creative-type,’alterernatives’ here on Brownstoner – who bemoan Brooklyn in the 21st are the ones who are truly obsessed with $$$$$. The envy and jealousy here makes a suburban-mom coffee clach look like church group
My small North Slope co-op building consists of two graphic designers, a literary agent, a manager for musicians, a set designer for the New York City Opera, and a woman who designs handbags.
Everyone owns. Two gay men, one lesbian and the rest straight.
Park Slope is not what you think it is.
So perhaps it should be rephrased: Park Slope attracts SUCCESSFUL creative types.