Open House Picks: Townhouses
Brooklyn Heights 12 Willow Place Brooklyn Bridge Realty Sunday 12:30-3:30 $3,800,000 GMAP P*Shark Park Slope 328 5th Street Corcoran Sunday 1-3 $1,550,000 GMAP P*Shark Prospect Heights 602 Bergen Street Brooklyn Properties Saturday 1-3 $999,000 GMAP P*Shark Bedford Stuyvesant 615 Hancock Street Abode Properties Sunday 12-2 $699,000 GMAP P*Shark Tune in tomorrow for Open House Picks:…
Brooklyn Heights
12 Willow Place
Brooklyn Bridge Realty
Sunday 12:30-3:30
$3,800,000
GMAP P*Shark
Park Slope
328 5th Street
Corcoran
Sunday 1-3
$1,550,000
GMAP P*Shark
Prospect Heights
602 Bergen Street
Brooklyn Properties
Saturday 1-3
$999,000
GMAP P*Shark
Bedford Stuyvesant
615 Hancock Street
Abode Properties
Sunday 12-2
$699,000
GMAP P*Shark
Tune in tomorrow for Open House Picks: Apartments
Brownstoner, please highlight this weekend’s Barron’s article on the resilence of the high end luxury real estate market. It’s a great read and counters what many people believe to be true. No doom and gloom in this segment of the marketplace. I hope Manhattan prices continue to go higher and higher because the more families that get push out of the city the better it will be for Brooklyn.
Anon 12:19,
You shoud read the above postings more carefully.
Of course, if you bought in the 80’s and kept till now, you’ve done well. Everybody knows that.
Most people don’t live in the same house there entire lives because they like change.
I love my place too, but if I’m still here in five years, it would be very sad.
Is being safer than East New York a real distinction now? Give me a break. Bed Stuy is cheaper than more “established” areas b/c it is not as safe. No one is suggesting there be a mass exodus or there is anything wrong with living there. Level of acceptable safety is a personal choice and we all make a choice of compromising that somewhat by living in New York and then choosing a particular area. That said, potential buyers should do their research and not be fooled into believing there is no difference between Bed Stuy and Park Slope b/c of unethical real estate agents and neighbors who are fooling themselves.
“Anyone buying property in the mid to late eighties in NYC, not just Fort Greene, got killed.” Not at all. I bought in Clinton Hill in 1988 for what today sounds like “a song”, but to me was a lot of money then. I’ve lived in the house ever since with no complaints. But then, I never expected it to appreciate…I bought because I found the area beautiful, the neighbors great, the crime less dramatic than portrayed in the press, and the space lovely and affordable (yes, the tenant’s rent DID cover the mortgage). I wasn’t looking to make a killing flipping the property, and have no plans to move now, either – it’s home.
Re: Anon 7:32
I have lived in PH for 25 years and will try to explain based on my knowledge of these nabes (although it is complex that it could be the subject of a whole book.) Blacks, like whites, are not all the same. In these neighborhoods (PH and BS being good examples) many of the homes were owned by solid middle class families, many originally from the West Indies. These people form the core and give stability to these communities, taking care of their homes and supporting institutions like churches, etc. Going back to the 60’s Bed Stuy was shorthand for a ghetto neighborhood, but in fact it was always considered by those who were knowledgeable as far safer and more stable than say Bushwick or East New York. On the other hand poverty, drugs etc. brought down many other people who do contribute to crime and other negative aspects which affects these minority neighborhoods so there is crime, and the schools may not be at middle class standards. Remember that to many whites, any community that has a significant black population will be associated with ‘crime’ and ‘drugs’ regardless of the reality and likewise, they may be hesitant to send their kids to a largely minority school. So I think the answer to your question is based on some reality and somewhat on (white) people’s perceptions and racial preferences, rather than fact.
some folks have a hard time telling fantasy from reality. they see beautiful tree lined streets and think that means something. i’m sure few knowingly move into a nabe that requires an escort to the train station or to the edge of a front gate to hand off garbage, but reality sets in quick once you sign the papers and move into a home. whether this means shitty neighbors (and they come in all colors), crime, etc..unless you truly investigate a nabe (walk and hang out there all hours) you won’t know what its like until you live there.
Checkmate1
I’m genuinely curious – when people say XYZ community was kept from total annihilation by African-Americans, why are those same communities still so unappealing in terms of safety & schools?
Right on, CHP. Well said.