Fun Fact: After the real estate crash of the early 90s, Stephen B. Jacobs walked away from his investment, not finishing (or even starting) work on most of his Lincoln Pl. buildings.
How can any one afford to live in Brooklyn any more???
increasing inequality means more rich people too, and those rich people generally want to live around other rich people, not in cleveland— driving increasing demand and increasing prices in bougie brooklyn
I remember when retirees could afford to pay their rent even though they only lived on their Social Security checks. Looks like those days are long gone in Brooklyn.
Comments