What the Heck Is Going On in Carroll Gardens?
This is getting weird. Despite a softening market all around, there’s been a rash of new listings in Carroll Gardens that have defied all logic and precedent. Starting with 44 1st Place (which in retrospect is probably the best deal of the lot) for $3,842,500, they’ve just kept coming: A 3,100-square-foot house at 78 3rd…
This is getting weird. Despite a softening market all around, there’s been a rash of new listings in Carroll Gardens that have defied all logic and precedent. Starting with 44 1st Place (which in retrospect is probably the best deal of the lot) for $3,842,500, they’ve just kept coming: A 3,100-square-foot house at 78 3rd Place for $3,495,000? A 16-foot-wide one at 40 2nd Place for $2,800,000? And now a three-story house at 329 President Street for a $3,600,000? What is going on here? One common denominator: Corcoran is the listing agent on all these places except for 1st Place. Coincidence or conspiracy?
329 President Street [Corcoran] GMAP
HOTD: 40 2nd Place [Brownstoner]
HOTD: 78 3rd Place [Brownstoner]
HOTD: 44 1st Place [Brownstoner]
12:06 pm — my point about schools is more complex than you state
First, why do you think public schools improve? It’s because middle class families move in to the neighborhood when it is affordable and are committed to becoming part of the neighborhood. Part of that is a commitment to the public school, to make it better for their kids and for everyone who is already in the neighborhood. They aren’t thinking, I’m not going to do this because after 5th grade it doesn’t benefit me — they do it because it makes them a part of the neighborhood. That is exactly what happened in 321 and 58. Once the schools got better, real estate prices rose, and in fact, the kinds of people who made the school better in the first place could no longer afford to live there.
However, the important thing is that there are still a high percentage of families there who bought early enough so that they do still use the local school.
Contrast this with the neighborhoods you praise — Fort Greene and Bed Stuy. Those places jumped in price so quickly that the tipping class of middle class buyers who were commited to improving the schools never got there before the houses got way out of range.
You are absolutely correct, anyone who can afford to buy in Fort Greene today can make the economic rationale to send the kids to private school. But that’s a shame for the neighborhood — sending the kids to the local public school connects you to the neighborhood in a way that sending them to private school doesn’t. In Carroll Gardens, people move in thinking they will use the public school. And many do. That’s what makes it such a great neighborhood to live in.
1) That starbucks is NOT in CG – it’s on the corner of Wykoff which is officially in Boerum Hill. 2) Angry Wades is the cheesiest lamest bar in the whole BOCOCA area and anyone who goes there is clearly ignorant of better options in the area OR looking for a good ole cheese-bag kind of evening – but you certainly can’t judge the neighb by it since many of the people there are actually from places like Bay Ridge and Staten Island. THIRD – rents in CG ( at least northern CG) are higher than those in PS. I don’t know about FG. Finally, anyone who has lived in CG for any amount of time knows that public trans is absolutely FINE – it is a very small neighborhood and every part of it is pretty close to the F. As someone who has been commuting on the F for 8 years – I remain a huge fan – it takes you everywhere you want to go in Manhattan without ever having to leave the train. Every once in a while there are problems, but that is true with every line in NYC – no subways are immune to flooding and occasional delays. It’s like dismissing the whole upper east side because it is only served by the green line or lower east side because it only has the orange. So stupid.
Finally, everyone has a passion for the neighborhood in which they live and dislikes the places they have chosen NOT to live -hmmm, sounds reaonsable. so ridiculous to get in these neighborhod fights.
These should be going for at least 8 to 10 million dollars each. This is Brooklyn the New Manhattan, all u poor people get the hell out
In our neighborhood, our black neighbors are doctors, lawyers, architects. I have a hard time seeing the jerks 12:18 describes as being in the same professions. Or even close to being as educated.
Where is Carroll Gardens?
I think that if people are selling condos on Fourth Ave and calling it Park Slope, it’s creeping pretty close to our lovely canal.
Why so surprised? All the fights against new developments and the push for downzoning are just a ruse to maintain scarcity and pump up financial gains at the expense of the greater good.
This blog is so wacky. I like Caroll Gardens (obviously) but I also like Park Slope and Fort Greene and lots of other neighborhoods and don’t consider it a contest. Oh yeah, and I know lots of people who decide where to lived based upon elementary schools. This also applies to the suburbs and Manhattan. Many are not aiming for private school later on, but hope their kids get into a specialized middle/high school that is free.
I was walking by Po the other night (or is that not in Carroll Gardens either now, 12:10?) and these two guys were walking behind two hispanic men screaming out and taunting them with racial slurs.
They laughed as they taunted them saying to them “get the hell out of our neighborhood you ______”
Not the place for me.
And not a place I’d spend over 3 million bucks, either.
For that kinda money, I’d like a little more tolerance.