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?
I’ve never met a Wall Streeter w/ your sense of ethics in person.
The Grammar Lady knows what she’s talking about. I’m a Wall Streeter and I live in Park Slope. There are numerous Wall Streeters on my block. My tenant is a Wall Streeter too. When I lived in Cobble Hill, it was also packed with bankers.
There also plenty of creative types, as well as high-level city and state workers (people who run things), a judge, a couple of shrinks and doctors, a couple of Googlers (or whatever you call Google employees giddy on Google stock options), and a bunch of lawyers (the lawyers seem to be everywhere. There are also a fair number of trust fund types. people in grad school or creative jobs or not-for-profit jobs who’s parents basically bought the co-op or brownstone for them. PS seems to be full of these people. When I was on a co-op board, every single new buyer had big-time parent support.
The thing I like about PS (and I think my neighbors share this enthusiasm) is that although there is enormous wealth there, it is pretty low-key compared to what you see in the burbs – it’s all relative. Also, for all the talk about lack of diversity in PS, at least in my experience, it is much more racially and ethnically diverse than other comparably affluent areas.
I make the commute to the Wall Street area every day. It’s 30 minutes during rush hour from PS, much shorter from BH.
Not all Wall Streeters are about flash and status. In fact, most are quite modest in lifestyle despite the wealth that comes with the career. We mainly just want to work hard, build wealth, provide for our family’s futures, and live a comfortable, secure lifestyle. Most of us are well aware that the party could end anytime, and therefore we live well below our means. Brooklyn provides an ideal enviroment for all of the above. In return, we actively support community orgs and Brooklyn charities with our money and time. Like it or not, we are a vital part of the today’s Brooklyn community, and we’re here to stay.
OMG.by the time i got to the last entry I forgot what the original posting was all about. my goodness people…get a life. all of you
Brooklyn Heights is actually kinda shabby. A few nice houses thrown in here4 and there, but overall it’s a bit frumpy and, well, shabby…
Brooklyn Heights is really beautiful…
What I like about living in BH is that I don’t have to agonize about how cool it is. And when I want cool, I just call a black car to take me there.
@8:44 that’s beautiful
@10:11 I like to think we’re all above average to paraphrase Garrison. Makes everyone happy.
TO: ALL BROWNSTONER READERS
BREAKING NEWS:
The Brooklyn Heights restaurant selection is driven by the DOWNTOWN BROOKLYN LUNCH CROWD.
You know, the people who work in the court systems, the municipal buildings, etc.
Ergo Teresas, Mr. Souvlaki (RIP) and the other nastiness that abounds on Montague Street and Court Street.
Wake up people!
Oscar Wilde had it almost right.
When bankers get together they discuss money.
When artists get together they discuss money.