Median asking price: $987,000
Number of houses listed: 40
Average sale price as of July 2014: $460,271
Number of houses sold as of July 2014: 200
A lot of people will never get to own a home here, which is consistent with most expensive neighborhoods in the US.
At the current rate of inflation, it shouldn't take Crown Heights long to go from $987k to over $1M.A lot of people will never get to own a home here, which is consistent with most expensive neighborhoods in the US.
one day soon Eastern Parkway will be glorious the full length. And living around Lincoln Terrace Parkhttps://foursquare.com/v/lincoln-terrace-park/4bfadfb365fbc9b6bda6906c will be desirable.
It remains to be seen if the current gentrification will reach the far ends of the system (New Lots, Brooklyn College, etc) and what impacts will result.
Yes, that is why SBS/BRT is being implemented on Utica and other routes....SBS will be the closest thing we are going to get to new subway service for decades. If it isn't coupled with enforcement and limited access, it won't achieve its stated goals.
The nice thing about old news is that it sounds new to a new audience. This one talks about how neighborhood homeowners are being repeatedly offered cash for their homes.As it points out, this is not a new thing. It is actually slowing down: http://gothamist.com/2015/04/08/crown_heights_family_cant_escape_of.php
Crown Heights is the "Living In" neighborhood in this weekends NYT real estate section
We have all become used to neighborhoods around the country being pumped as "the next Brooklyn".The phenomena now seems to be being applied to things that are not even real estate."They conclude that value stocks could be as up and coming as Brooklyn neighborhoods like Bushwick, Bed-Stuy and Crown Heights."http://money.cnn.com/2015/06/29/investing/value-stocks-to-buy/They are not talking to a Brooklyn audience. OMG.
With a backyard and a car, she has found life in Virginia affordable and pleasant, but “extremely boring,” she said.
We might have a writer for Vice living in Crown Heights. http://www.vice.com/read/hw-what-makes-a-neighborhood-hip
He thinks we are cool.
"The journey of Afro-Caribbean peoples to the United States started long ago, when enslaved Barbadians were taken by their British owners to South Carolina during the seventeenth century. Indeed, most of the earliest Africans to arrive in what would become the United States were seasoned men, women, and children from the Caribbean.
This first involuntary migration was followed by a large influx of people from the British West Indies at the turn of the twentieth century. A third wave of immigrants arrived between 1930 and 1965, and a fourth movement is still going on today.
The dispersal of Caribbean people was facilitated by a remarkable network of transportation. Since the seventeenth century Bridgetown, Barbados, had served as the first port of call for British ships crossing the Atlantic. By the beginning of the twentieth century, shipping networks extended from Bridgetown to all parts of the world. It was therefore not just the intolerable conditions on Barbados or the opportunity for work abroad that resulted in the extraordinary migrant stream from the island. An indispensable element was its working class's unique access to relatively cheap transportation to a variety of different points across the globe.
Jamaica also benefited from an extensive shipping network. At the end of the nineteenth century, this was augmented by the development of the banana trade between the United States and what would become the United Fruit Company. Its banana ships always made room for passengers. Boston was their first port of call; later New York, Philadelphia, Baltimore, New Orleans, and other ports were added. This facilitated greater and cheaper access for immigrants from the island to the U.S."
So true @Barnstormer and as often murals are used to try to hold on to the past as it slips into the next group. Like the mural at 4th ave and DeGraw showing Eucudorian strife painted about 2003 just as they were selling to the new PS.