Open House Picks
Park Slope 398 Bergen Street FKG Real Estate Sunday 1-3 $1,875,000 GMAP P*Shark Park Slope 99 St. Marks Place Aguayo & Huebener Sunday 1-3 $1,595,000 GMAP P*Shark Bedford Stuyvesant 119 Bainbridge Street Brooklyn Properties Sunday 12-2 $1,300,000 GMAP P*Shark Crown Heights 1190 Dean Street Brown Harris Stevens Sunday 12-1:30 $985,000 GMAP P*Shark
Park Slope
398 Bergen Street
FKG Real Estate
Sunday 1-3
$1,875,000
GMAP P*Shark
Park Slope
99 St. Marks Place
Aguayo & Huebener
Sunday 1-3
$1,595,000
GMAP P*Shark
Bedford Stuyvesant
119 Bainbridge Street
Brooklyn Properties
Sunday 12-2
$1,300,000
GMAP P*Shark
Crown Heights
1190 Dean Street
Brown Harris Stevens
Sunday 12-1:30
$985,000
GMAP P*Shark
But 12:17, it’s all relative. The market is connected, not disconnected. $1 million IS a relative bargain when you pay $2.5 to $3 million for a house in Park Slope. Back when houses were $400,000 in Park Slope they were $150,000 in Crown Heights and other fringe historic areas. That’s the same ratio, about 3:1, you see now. Some fringe neighborhoods will never ever cost as much as Park Slope, mainly because the schools are no good. BUT, face it, if prices keep going up in Park Slope all prices in Brownstone Brooklyn will go up to some degree.
Brooklyn is literally the only place I’ve ever been, where people actively insult people who buy in neighborhoods they themselves choose not to buy in. Why the hell do you care where someone else buys their house? What does it have to do with you? Even in L.A. people don’t insult those who buy in historic fringe areas close to downtown. I think that makes Brooklyn more shallow and materialistic than L.A. right?
guest 12:02 I moved to Park Slope in 1984 and lived there 3 years. In south slope between 8th and the Park. I had to trek way down to Union Street (or thereabouts) and 7th ave. for my groceries until the Dag’s opened up on 6th st., which was a drag. But it was a solidly middle class, safe neighborhood, NOT “pockets of nice”. Yes, it wasn’t fancy, but at least half the run down buildings housed professionals in jobs that paid low wages (arts, non-profit). I don’t think that describes Crown Heights now, or does it?
Thank you 12:02.
Those claiming Park Slope was some kind of paradise in the 1970’s, please ask someone who lived there then. Don’t get the information from a movie. Besides, if you notice in Squid and the Whale the big fancy restaurant of Park Slope was Hunan Delight. That hardly makes it like it is today. As for 5th Ave I saw for myself what it used to be like and it was crap. I don’t live or own in Crown Heights. I just can’t stand the completely inaccurate statements from the Park Slope boosters. The Park Slope market is doing just fine. It doesn’t need the extra help based on lies. Stop being so greedy.
Someone made a reference to not expecting Crown Heights and Bed Stuy houses to remain at 1970’s prices. Of course we don’t, but that neighborhood should be more like Park Slope 1990’s prices if they truly want to get better. Instead, they are 5 times higher.
Park Slope was fine in the 1990s, from 6th Avenue up. Fifth Avenue was scary. But you could buy a nice affordable house between 7th and 8th ave in the 10th – 15th blocks and it wasn’t scary at all — in fact, lots of new college grads lived there. Not particularly lovely, maybe, but for your $300,000 you got a bargain – especially with a rental to help you out. So people bought brownstones because it was totally affordable — in fact, cheaper than a co op.
The reason 5th Avenue changed is because the rest of prime Park Slope houses kept getting bought up by families. In order to get a house CHEAP, they started buying homes between 5th and 6th Ave, and made them nicer. Then 5th Ave. improvement followed.
Geez — I know people who bought houses for $400,000 in Carroll Gardens in 1999, and in Windsor Terrace in 2001. They were already middle class neighborhoods, but not particularly fancy or desirable at that time.
Those of you that think we’re talking about 1970s just don’t understand. A house in Bed Stuy or Crown Heights should be snapped up by a family because it is a bargain — that’s why people bought in park slope, windsor terrace, carroll gardens in those early days.
Now, you expect them to stretch to buy a million dollar property, which is only a bargain by some comparison with Manhattan or prime Brooklyn. Well, the same people I know who would be willing to live in Bed Stuy or Crown Heights because it was affordable would far prefer an affordable place in Inwood, Queens, or the burbs, than buying an expensive home in a fringe Brooklyn neighborhood, because there’s no middle class there yet, and no good services.
The Park Slope Food Co-op has changed significantly in the past 20 years from a place with wooden shelves to a place with conveyor belts much like the rest of Park Slope.
http://www.shopbedstuy.com
now we’re comparing reality to movies?
lord.
park slope 20 years ago was nothing like it is now. 5th avenue, 6th avenue, 4th avenue, flatbush avenue, anything below 9th street and prospect park. 7th was ok…the homes nearest the park, especially in the north were being refurbished, but a huge chunk of the neighborhood was suffering from years of neglect and blight…abandoned buildings everywhere.
it was very much like crown heights is now. pockets of nice, with a majority still needing quite a bit of tlc.
don’t speak on subjects you know nothing about.
the park slope in The Squid and the Whale seemed pretty much the same to me.
just less extremely rich people.
5th ave is only one of the number of avenues in park slope
I suggest you all check the web site http://www.shopbedstuy.com and get your copy of the Neighborhood Shopping Guide to see what is spreading in Bed Stuy as you speak; perhaps you might visit some of these fine businesses to see for yourselves and then more intelligently predict 5 to 10 years from now.
Brownstoner, there appears to be someone making multiple abusive posts in a row that serve no apparent purpose. This seems to have happened a few times on this thread, and occasionally there’s some offensive language involved too. Is there any way to put a halt to this? I am all for freedom of speech but this kind of thing serves no purpose except indulging the poster’s personal masturbatory vitriol.