Open House Picks Six Months Later: 9/14/07
This batch sure didn’t set the woods on fire. Someone have a clue re: 15 Irving? Open House Picks, 9/14/07 [Brownstoner]

This batch sure didn’t set the woods on fire. Someone have a clue re: 15 Irving?
Open House Picks, 9/14/07 [Brownstoner]
As the owner of a similar house below 5th Ave., if a million and a half for 13th Street is “not great,” I’ll take “not great” any day of the week. Especially considering I paid less that half that 5 years ago.
Back then plenty of people were saying the market was just about to tank. Oh, well.
Bed Stuy’s crime rate has surged over the last 6 months. The schools are beyond bad and homes are going into foreclosure like crazy.
How is that good?
12:48
Well, imo, it may be far longer than 2030 before another “wave of gentrification” like what has happened over the past 6 years occurs again (esp after this market shakes itself out). Luckily for people who will stay and raise families, and/or have grown up in neighborhoods throughout the city, these neighborhoods will continue to improve in the long-run without new waves of gentrifiers (sp?). This downturn (2-4 more years?) is gonna hurt big time, even for people in “prime brownstone Brooklyn” lol, but neighborhoods can and do continue to improve themselves even without huge influxes of new people.
The 70’s, 80’s, and early 90’s were an especially bad time for NYC, but the city overall is still pulling itself out of a huge downturn. Bed-Stuy will probably be a different and better place in ten years, but many of the families who are there now, wont have been displaced to make it that way.
“Where are the lending institutions are going to find the money to make loans?? ”
The fed just announced today it will be releasing 100 billion to the lending institutions.
You don’t read much.
“it amazes me how people who have lived in this city long enough don’t see what’s happening around them, but put blinders on, cover their ears and just pretend that it’s not happening.”
I agree with fucktard but it called “The Depression” or I like to call it D2. People got the blinders on alright, you are witnessing the destruction of wealth. Where are the lending institutions are going to find the money to make loans?? Plus Inflation is eating up your money. It’s just sad that people on this blog don’t get it, we are in the Long Emergency.
BTW 15 Irving Pl. is still on the market. That house has been on the market for 3 years.
The What { Tick Tick Tick )
Someday this war is gonna end..
The Salvation Army store (which is gone and the site redeveloped) wasn’t a a symbol of ghetto – just a mid-20th century one-story taxpayer. The observation was architectural, not sociological.
12:56…
That article was written in 2007…it was a blurb from the American Planning Association’s write-up announcing Park Slope as one of the top 10 neighborhoods in the United States for 2007
http://www.planning.org/greatplaces/neighborhoods/parkslope.htm
Too bad about Salvation Army. There is another up on Flatbush near Carlton.
12:37 what year was that artical written?