The Next New Brooklyn
We’ve been told Philadelphia is the new Brooklyn, or Brooklyn is the new Manhattan, and sometimes we’ve been told that Manhattan is the new Brooklyn. New York Magazine reprised the latter argument. Prices are falling in brownstone Brooklyn, they say —″Statistics from Streeteasy.com show 38 percent of townhouses suffering price cuts in recent months, averaging…

We’ve been told Philadelphia is the new Brooklyn, or Brooklyn is the new Manhattan, and sometimes we’ve been told that Manhattan is the new Brooklyn. New York Magazine reprised the latter argument. Prices are falling in brownstone Brooklyn, they say —″Statistics from Streeteasy.com show 38 percent of townhouses suffering price cuts in recent months, averaging an 11 percent drop”—and the market is softening in Manhattan. Given the choice between similar prices in two boroughs, apparently some people are saying, “I’ll take Manhattan”—not that we know any of them. Not to worry. Even if fewer Manhattanites have been scouring the borough for deals, all’s well here. “Brooklyn now has its own momentum,” they report. “There are far more pro-Brooklyn partisans than there used to be.” Anybody out there witnessed this move-to-Manhattan phenomenon?
Manhattan: The New Brooklyn? [New York Mag]
View of Downtown Manhattan. Photo by drunkcat.
Jwald;
I appreciate that you can dismiss the whole topic of the previous social situation in NYC as “silly”. It is too bad that our former senator (Daniel Patrick Moynihan) wasn’t around to receive your advice, as he thought the ethnic tensions in NYC to be serious enough to write a whole book on the topic,which is widely considered to be a masterpiece of social studies:
http://www.amazon.com/Beyond-Melting-Pot-Negroes-Italians/dp/B000J56FDW/ref=sr_1_12?ie=UTF8&s=books&qid=1218571401&sr=1-12
I can always be persuaded to recant anything I’ve said if someone can show me the facts that rebutt. THL has done so. that’s a magnificent building at an Ocean Hill price!!!!
LOVE…
PEACE…
Adam I will get in touch with you for my next mortgage. Do you do commercial as well?
Adam, I think this backs your point (even with the horrible dark photos) that there are some really sweet deals to be had in JC.
http://www.realtor.com/realestate/jc+bergenlafayett-nj-07304-1098888242/
I love you all. This has made my afternoon.
LOVE….
PEACE….
HIPSTER GREASE
I concur with with bklynite and 1842. This is a rather silly discussion ignited by a questionably sourced NYMag article. As a lifelong Brooklynite, my experience was very similar to East New York’s experience at 2:09. I grew up in Sunset Park in the 80s and early 90s, we visited family in Park Slope and Brooklyn Heights and shopped in Downtown and Bay Ridge. Some neighborhoods you avoided. It was not a big deal what ethnicity you were as long as you were respectful. Also, if you find your current Brooklyn neighborhood boring, it’s only a matter of exploring other neighborhoods to find the right fit. The bottom line is that Brooklyn will never be a replica of Manhattan and that’s exactly why many people live in Brooklyn.
Oh and I have to agree that Dave was a bit rude to Adam.
Not only won’t sleep but now emotionally scarred for life. I’m sure I’d be sleeping better if I lived in JC.
If I had the time I’d go back through 11217’s posts and I’m sure I’d find some vitriol.
For the record, I am not “calling anyone out.” Let’s all drop the AFRAID word. I make my contact information public because I am in the RE business. I also don’t expect anyone else to publish their info because I do. I finance residential and commercial properties. I didn’t and still don’t do any subprime loans so let me get that out of the way. My name is my business.
I know quite a bit about Brooklyn and Manhattan real estate and I thoughly enjoy discussing it on numerous websites and blogs… when I have the time.
The point I am trying to make in this long drawn out thread that started as Manhattan is the new Brooklyn and Brooklyn is the new Manhattan is, (wait, what was my point?) 🙂
My point, ahh yes, years ago many Manhattanites wrote off Brooklyn as an undesireable neighborhood of people that “couldn’t affoard Manhattan” Today that has changed as the city has changed. Manhattan is extremely overcrowded and you just can’t get the same liefstyle anymore. People CHOOSE to live in Brooklyn these days. I CHOOSE to live in the Van Vorst Park area of Jersey City because I got more space than I would have gotten in Brooklyn and I found the amenities superior to those neighborhoods that I was looking at in Brooklyn and Queens. My neighborhood looks like a cross btwn Williamburg and Clinton Hill and I love it.
How will we ever sleep at night (especially you Dave, in BED STUY no less)?!?!?!
And I apologize to Adam, if he’s upset I posted that information.
I do not apologize to TownhouseLady nor DaveinBedStuy, especially since you seem to enjoy being nasty to people, Dave.
Your comments lately have been downright rude.