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Real Estate

It is almost not newsworthy to report that, in the third quarter of 2016, the average cost of homes in Brooklyn rose over the same period from the year before. And, in a Real Estate Board of New York report, we are told that all five boroughs became more expensive places to home shop in the span of a year—most telling, however, is where Brooklyn prices shot up the most. In Ocean Hill/Brownsville, just Northwest of East New York, average condo prices saw the...
Artists, cultural critics and occasional collaborators Jennifer Dalton and Bill Powhida are launching a new public art project very soon, and it’s a most compelling one. It’s called MONTH2MONTH, and it’s an initiative that came out of artist-centric concerns, then gathered greater conceptual force and assumed more broadly public shape as it became a platform for potentially very crucial conversations regarding social justice. MONTH2MONTH will encourage, indeed demand that many of today’s most important...
Earlier this week we learned that Dumbo—so named by artists in the 70s who wanted to give their neighborhood an atrocious name that developers would never touch (ha!)—was Brooklyn’s most expensive neighborhood in which to buy a home (2015 saw a median sales price of $1.41 million). Wednesday night at 92nd Street Y, a panel of real estate agents and historians gathered to discuss how and why this happened. The panel was also there to...
Time to play: In Which Brooklyn Neighborhoods Can I Absolutely Not Afford to Be A Home Owner? Curbed reports Kings County's top ten most expensive places to buy residential properties, using last year's median sales prices, as calculated by PropertyShark. Are you ready to be depressed but not actually that surprised ten times? Then continue below for today's exercise in facing stark financial realities in Brooklyn real estate. 10. Downtown Brooklyn Median Sale's Price: $839,492 What with the...

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