houseCarroll Gardens
447 Sackett Street
Brooklyn Bridge Realty
Sunday 12-1:30
$1,299,000
GMAP P*Shark

houseProspect Lefferts Gardens
42 Midwood Street
Jackie Wong
Saturday 3-5
$1,150,000
GMAP P*Shark

houseMidwood
1431 Glenwood Road
Fillmore
Sunday 12-1:30
$969,000
GMAP P*Shark

houseBedford Stuyvesant
366 Putnam Avenue
Century 21
Sunday 11:30-1
$739,000
GMAP P*Shark


What's Your Take? Leave a Comment

Leave a Reply

  1. 2:16, great, Bed Stuy has one good cafe on Nostrand Ave. Have you been to 5th Avenue in Park Slope or Myrtle in Ft. Greene?

    I really think some of you posters are living in a dream. A few well intended artists and middle class families can not change a ghetto. There are too many poor & uneducated people in Bed Stuy for it to Change. Gangs, crackheads, welfare queens, it’s impossible.

  2. not saying that it makes the neighborhood, merely that it shows the huge swing in the people who are moving here. i could have said the same about the ymca. anyway, this part of bed stuy is quite further along than other parts, with the exception of stuy heights- i’ll admit it.

  3. No one is saying to NOT look to buy in Bed Stuy (although I personally would be wary about investing in that particular neighborhood at this moment).

    The concern is the prices.

    The neighborhood is in transition and things could go back to the way they were 10 years ago just as easily as they could continue the last few year wave of gentrification.

    It’s all about where you put your money, but you do have to wonder how much prices can really rise in Bed Stuy with a National Housing crisis on our hands, and prices even showing small declines in prime NYC neighborhoods.

    If we go into a full-blown recession, places like Bed Stuy will feel the brunt of it.

    And will also be the last place to show signs of increase.

    The prices there are simply unsustainble at these levels.

  4. We know, we know…everytime someone says something negative (albeit TRUE) about Bed Stuy, someone mentions that freakin Tiny Cup.

    It’s really silly.

    And quite transparent.

    One coffee shop does not a healthy neighborhood make.

  5. Putnam might be “diverse and tightly knit” but you also need to expose the bad with the good, 2:10 or else you just sound like you’re trying to justify what you paid for your house.

    Bed Stuy is not eden. There, Bushwick, East New York and Brownsville saw increases in murders in 2007, even though the rest of the city saw a decline.

    Those 4 areas are the “hot spots” of criminal activity in Brooklyn that continue to defy the overall crime decline in New York City.

    While Putnam might be just fine, Bed Stuy still has many, many social problems that do not justify prices that people ask for their homes.

    This Putnam house would have been asking 900K a year ago, so I think people there are realizing that the neighborhood still has a ways to go.

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