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?
11:12 You are so full of Park Slope rosy smelling shit. 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.
Again the vast majority of uber-rich wall st types aint living in Brooklyn, taking a car everywhere, the vast majority ‘wall streeters’ you meet/see in wealthy sections of Brooklyn are the 300-500k mid-level management types.
It’s true. Gentrified Brooklyn has gone from this alternative, creative-vibed place into a second-rate bourgeois social/money-climbing environment. Kiss Brooklyn’s ‘specialness’ goodbye. It’s worse than what it was alternative too.
I think most of the creative types have been priced out of Park Slope. I’m afraid Park Slope will remain the same boring senior exec haven it is today. Good thing there are a few creative holdouts who were smart enough to buy 10-20 years ago, though.
From my doorstep in Park Slope, it is 15 minutes on the 2/3 to Wall Street.
And by car, 10 minutes.
Is that too long for you poor wittle babies?
11:01 – yeah cause the bricks (in every other part of the country-and likely eventually here) have performed so well.
Equities have historically outperformed real estate by a wide margin.
I love Park Slope but it is a pain in the ass to drive to. The Prospect Expressway stops short so you’re left on those endless narrow Brooklyn streets usually behind a garbage truck.
When talking about these Goldman Sachs types car transportation is the only thing that matters. My father, who is 75, is one of them and I think you can count on one hand the times he has set foot on a subway or bus in his life.
You people are so f’ing obnoxious. Whats so funny is that all you (fake) open minded types spend so much time gossiping, stereotyping and bad-mouthing others….
And the reality is that 95% of Wall Streeters dont live in Brooklyn and only a few more live in Manhattan – The vast vast majority of Wall St (the business of…) live in the suburbs of Westchester, Northern NJ and LI.
In fact I was at a Wall St party last night and as they called out the places that people were going Brooklyn wasnt even mentioned.
I live in Clinton Hill, and am a block and a half from the C train. It takes me about 26 minutes to get to where Goldman’s headquarters are, door to door (I work in a building a block south of Goldman).