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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...

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