houseNote: 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]


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  1. Well, I can certainly say that my encounters with the moms of PS tend not to leaving me feeling happy about the world. It’s great to be a mom, but it’s really not an excuse to be rude to others. Certainly it doesn’t benefit the kids.

  2. Yo 9:10 post…I’m trying to find a way to put this kindly. So I will talk only about my own experiences…when I am in a bad mood sometimes I smile at people on the street and then they usually smile back at me. Makes for a nicer sort of social exchange. I think there was some sort of ’70’s program that encouraged this sort of thing, part of the “I’m Okay, You’re Okay” book’s era. Much easier to pass on the warm fuzzies than assume that the evil Park Slope moms are out to getcha.

  3. I think that there are lots of rude and/or nutty people in this city. Some of them are different than you are. Some of them have different color skin, have made different family planning decisions and are interested in different genders than you are. Why should you think that it is okay to stereotype all of one type of people just because you have experienced some rudeness on the part of people different than yourself. I would never call all Orthodox Jews rude just because one guy cut me off on Vanderbilt Ave. today. I would never call all young African Americans slobs just because I saw a guy peeing on a tree near my house the other day. This is offense behavior, sure. But that doesn’t mean I should lower myself to slander and stereotype any one type of person. I think that it is because people here think it is okay to openly hate women that they do so frequently on this board. Get in touch with your own bias before you make hateful, stereotype driven remarks on the internet. Jerks come in all shapes and sizes. And I don’t think that a woman who was on her cell phone pushing a stroller qualifies as anything other than that — even if she happend to be in the middle of a drug deal. Sorry. Many people happen to be on cell phones at all sorts of inappropriate times. Does that mean that all moms with bugaboos are a certain type of person? One time I saw an Asian person talking on a cell phone in a restaurant and people were annoyed. OMG, I guess all Asian-Americans are rude like that by your reasoning??

  4. According to neighbors, there were numeros gunshots in my area (PLG) last night. I was visiting friends in semi-rural westchester and we heard fireworks and then the roar of the nearby stream. Woke up to total quiet and went outside to chat with the deer. Very nice way to start the year I must say. As for price prognosis, I have no idea. But I certainly hope they go back up at least to 2005 levels since I for one am ready to leave.

  5. Increased Police presence was requested by many of the neighborhood associations in Victorian Flatbush. Spent New Years Eve in Great Neck with family. I heard gun shots. I was told by my brother that they were fire crackers. Sounded like gun shots to me though. Either of the two were not smart. All par for the course in NYC unfortunately but I wouldn’t trade lving here for anywhere else at this satge in my life.

  6. The whole bugaboo thing is really about some neighborhoods (Park Slope in particular) getting really crowded as local people have more expendible income (the rich pushing out the middle class), which attracts more shops in general, and as shopping and restaurant options become more plentiful and the crowds come out there is quite simply a limited amount of real estate (sidewalk space.) Maybe before people were moving up in to Westchester, LI and NJ, but now they are staying put. And so Ratner and Bloomberg and Doctoroff are betting big that what we all need is more dense living. So you single folks had better grow up and get used to families working hard to share the sidewalks. And now that I’m a parent I gotta say that as a single person I never really appreciated the hardships that older people or people struggling with the demands of taking care of children have to go through. Previously all my concerns about others was mainly expressed through charitable giving, concerns raised in the NY Times, etc. I think perhaps the fact that as adults we choose to just party or work so hard for so many years that it’s hard to understand that people out there that you are sharing your sidewalks with in this city are sometimes really struggling. And I don’t mean struggling to get to work in time to grab a cup of coffee and a bagel. Some of us are struggling to feed our families, some of us are struggling to get a job, some of us are struggling to make our medication last longer than it should. It’s a tough city. Stop being so selfish and realize that part of the reason you live here is because it’s a vibrant place and there are opportunities. Open your eyes and realize that not everybody is in your very fortunate position.

  7. Re: Anon 9:09

    In my part of Ditmas Park every New Year is celebrated with gun shots in the air – last night included. I don’t think “everywhere” in NY has this kind of saftey issue. In addition, there was a crime wave in the area earlier in the year. There are now groups of cops around Newkirk and sometimes Cortelyou. You don’t see this type of police presence every where in NY.

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