Outlook 2007: Longs and Shorts
Note: We’re moving this post up from yesterday to encourage more input.Welcome to the third annual installment of our market prognostications. Last year, we picked Prospect Heights and Carroll Gardens to outperform and Williamsburg to slump, which in retrospect look like pretty good calls. As for next year, our eyes will be on the areas…
Note: We’re moving this post up from yesterday to encourage more input.Welcome to the third annual installment of our market prognostications. Last year, we picked Prospect Heights and Carroll Gardens to outperform and Williamsburg to slump, which in retrospect look like pretty good calls. As for next year, our eyes will be on the areas bordering Prospect Park that have the location and housing stock on their sides but have yet to attract widespread interest from the gentrifying crowd. We’d also be front-running the newly Brooklyn-focused Landmarks Preservation Commission by looking in spots like the soon-to-be-designated Crown Heights North. On the downside, it’s hard to see how increasing supply of run-of-the-mill condos coming on line in Williamsburg won’t continue to put downward pressure on prices. We’re not as wary about the effect of Atlantic Yards on surrounding real estate as some and continue to think that Prospect Heights has a lot to offer. As has been mentioned before, quality brownstones should continue to find buyers while those in more marginal neighborhoods and lacking architectural detail will likely have a tough time. Looking back on last year’s post, we can be thankful that we got our wish of a gourmet market (sorta) in the form of Choice. Now if we could just get a friggin’ cheese shop we’d be really psyched.
Market Predictions for 2006 [Brownstoner]
Technically speaking, Lefferts isn’t really even a neighborhood. It’s more like a sort of self-directing firing range.
Yes. The exposure of your hypocrisy.
So far as I can tell, your “criticisms” of the posters in this thread don’t amount to anything substantive. They’re just longwinded ways of saying “Boooo…I don’t like you…boooooo”. You accuse people of saying things they never said–always a charming tactic–and then criticize them on that basis.
aren’t you doing the same exact thing, 3:44? is there something “substantive” in YOUR post?????????
and just to clarify, i said that i noticed moms in manhattan and carroll gardens. i never criticized any of these mothers. SOME people of any category are rude. i was making the point that if you think park slope moms are rude, then take a look in other neighborhoods. people everywhere are rude. don’t just argue with someone just to argue. make an actual point and read before you speak. i have no qualms with mothers in any neighborhood because i would never lump any one group into such a confined category. that’s all i’m saying.
You conveniently failed to mention anything about your criticisms of mothers in parts of Manhattan and Carroll Gardens. Somehow I’m not surprised.
do indeed think it’s a cool enough neighborhood to warrant such honesty. i was just adding another side to this, as my experience with ps moms has been unlike those of many other posters on here. my only real beef with the neighborhood is that it lacks the sortof diversity that it could have, but no place is perfect. i do think that places like curbed.com and other outlets who pick up articles and run with them about park slope moms has been taken to the extreme and has shed light onto a “wart” that really begins and ends with people from our own neighborhood being too overly sensitive about such a thing. perhaps i’m the one who’s overly sensitive about a neighborhood that has captured my heart lately.
I would still like to know where this guy gets off criticizing mothers in parts of Manhattan and Carroll Gardens. He seems to be a complete hypocrite. HE can criticize these mothers (on the basis of who knows what…he hasn’t actually described ANY incidents here), but no one is allowed to criticize mothers in PS–even when they can supply details. If that’s not hypocrisy, then nothing is.
“just like i don’t know what happened exactly in these instances, you i’m guessing don’t know what it’s like to be a mother raising kids in a big city.”
Correct, but I’m also not criticising anyone for being a mother raiding kids in a big city, so I don’t see how that’s relevant.
“so what if every mom isn’t ms. cleaver walking down the street…”
No one has criticised anyone for failing to be June Cleaver. So, I don’t know who you’re addressing here.
“i could say the same thing for yupster girls in their 20’s in this city.”
No one in this thread has denied that yupster girld in their 20’s in this city can be criticized for various things. So, I don’t know what you’re getting at here.
“feel free to criticize away…i guess i just don’t understand how one group can be so singled out in such a fashion.”
In what fashion?
“There are people who read this post who are newcomers to our neighborhood and those who might be interested in living here, and you are doing them no favors by continuing such stereotypes.”
We’re painting an accurate picture of the neighborhood, warts and all. I think it’s a cool enough neighborhood that it can withstand our frankness. Don’t you?
Going up: South Slope/Greenwood Heights (with even more new construction), nicer areas in Sunset Park (like those near Sunset Park itself), definitely Ditmas and victorian Flatbush, Gowanus particularly around upper 4th Ave. (partially due to AY), and still undervalued areas in Queens like Sunnyside, Jackson Heights, etc. which already have vibrant and active commercial areas and pretty quick commutes to Midtown.
A lot of people here seem to see Williamsburg going down, and I think it will for this year when the ridiculous overbuilding of condos comes into the market, but overall there is a lot of population pressure in that area so I would bet that it’s temporary. What’s really going on there is the replacing of a housing stock that was aged and inadequate for gentrification. Other areas that are still a bit marginal for gentrification, like Bed-Stuy, Crown Heights, areas to the east of Prospect Park, and most especially Bushwick (which doesn’t have the fine housing stock of the others) will see sales and prices (and gentrification) stall if the economy takes a downturn, which means that the amenities that will attract gentrifiers will also not occur. Still, this will probably be relatively short term, as most of these neighborhoods are full of housing types that will never be built again.
The impact of AY is difficult to predict, but I would guess that it will cause some reshuffling of population over the next several year, as people who won’t like the changes wrought by the project leave for other areas, which will in the end result in significantly elevated prices and a rather different sort of neighborhood even further removed from its former working class state. It also may, at last, spur upscaling and development in Downtown Brooklyn, although this is probably a few years off.