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]
Me again who posted at 4:08, I should add I don’t think the Park Slope attitude is about being a Mom. I’m not Mom-bashing. I think it’s about people not behaving like members of a community. It seems like this all feels temporary to these people. Like they think they might trade up to a place in Connecticut at some point. New residents and “gentrification” can be a great benefit to a community. But people who move to neighborhoods in Brooklyn should strive to be a good neighbor and a part of the community in how they conduct their daily lives. I totally understand why old residents hate gentrification. It can be like an invasion by aliens. My hairdresser, who is a Brooklyn native, talks about it sometimes with her older clients.
Man, this is the best Brownstoner thread ever!
This is so ironic to read these posts. They relate to my recent experience. I went to PLG on New Years Day, around noon. To visit the house we just bought, and meet with a kitchen installer guy. It was totally utterly quiet and peaceful, regardless of whatever shenanigans happened the night before. I passed about 5 different people walking back to the Q subway after my meeting, and all of them smiled and said “hello”. One young black woman standing outside her house on her cell phone, even put down her phone for a moment to smile and say “Happy New Year” to me as I passed by. Which made about fall over in shock. My friends don’t even get off their cell phones for me, much less a perfect stranger. As soon as I arrived back in Park Slope, I get off the subway and encounter a PS Mom and her stroller coming towards me. Filled with goodwill, I smile at her, intending to say “Happy New Year”. But before I could, she gives me a cold look in response to my smile, passing in her stressed-out self-important hurry, that chills me into silence. So I’ll say it here to all of you instead, Happy New Year!
To all of the above,
Thanks for reminding me why I moved out of Brooklyn. Sometimes I forget that it was all the idiotic a-holes who made the place such a nightmare to live in.
3:36…
i’m gay, asshole.
and a new neighbor to your incredibly vibrant and beautiful neighborhood. maybe make a new years resolution to start appreciating it.
2:54, please spare us the pro-mom claptrap and accompanying milf fantasies. You’re not going to get laid here.
jbjb, I agree with you that life is great and we need to take stock of the really important things.
I also agree with some of the other posters that a lot of Park Slope mothers are rude and obnoxious.
you people that complain about park slope moms are such pussies. i’m a early 30’s single man who just recently moved to park slope and couldn’t be any happier in the neighborhood. i constantly get smiles and thank you’s from mothers with strollers when i hold the door for them or simply pass them on the street. i think it’s your poor attitudes and apparent disgust for the neighborhood that ruins it for the rest of us. if you don’t like the strollers, there are plenty of other childless hoods to move to. grow up and stop being such babies….
pun intended.
I look for the market to remain very strong in Harlem, Lower East Side, and the staples of the West Village/Gramercy/Tribeca. Downtown will continue its strong growth also. Williamsburg will slip somewhat (saturation of inventory, prices stalling), but sales will remain brisk. Greenpoint will inch up a few spots in “heat.” Dumbo will cool, Red Hook will grow cold, and the South Bronx will actually begin its rise into a red-hot 2009 or 2010.