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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.