Yay! Say it together…..We’re number one! We’re number one! We’re number one! One in five U.S. housing markets are now less affordable than their historic average as price gains outpace income growth from New York to San Francisco. Of the 475 counties analyzed by RealtyTrac through October, 98 areas weren’t as affordable compared with the […]
Given all the displacement happening in New York’s most rapidly gentrifying neighborhood, you’d think developers and the PR companies would show a little more tact: Here in bohemian Bushwick, Brooklyn, you’ll find a group of like-minded settlers, mixing the customs of their original homeland with those of one of NYC’s most historic neighborhoods to create […]
In fact, median home value increased by a staggering 30% in the last year. To be precise, Crain’s has the numbers: June 2013: $427, 200 June 2014: 560,500 a change of 31.2% in median home value We guess this explains why Zosia Mamet spent over a million on the pink monstrosity pictured above.
That’s right, we said single-family residence. Um, enough already Williamsburg. A new building has been revealed for the corner of Kent Avenue and North 7th Street in Williamsburg, and while it masquerades like mostly every new development in the area, there’s a catch: the pretty massive, seven-story building with ground floor retail will be a […]
Yesterday, we learned that Wythe Ave. will soon become a playground for the rich and boring. Today, thanks to a report by Ideal Properties Group, we know that they will soon own all of north Brooklyn. From the report: If you have purchased a property in Brownstone Brooklyn in 1Q 2014, you are most likely to […]
3rd Ward, the East Williamsburg co-working space/artists’ collective/amorphous “art thing” closed its doors at 195 Morgan Ave. on October 9, 2013. Recently, ads like this have been popping up on Reddit: “Former Third Ward Space Available for Lease 195 Morgan Ave, Brooklyn, NY 11237 – 10,000 SF – Rental Rate Negotiable.” Out of curiosity we […]
There’s certainly plenty of competition, but this thing is hideous. As Curbed mentions: “it sort of looks like a Lego tower stacked by a kid who doesn’t care very much.” If you want to check it out, its at 201 North 11th Street, very close to McCarren Park. Construction is well underway:
From a press release sent by the mayor’s office: [Two Trees] will provide an additional 110,000 square feet of affordable housing as part of the project, for a total of 537,000 square feet of affordable housing. The proposal will create 700 affordable apartments covering a range of incomes, including a significant number of units sized […]
Watch it below! The new record, Atlas, is out next week on Domino.
Turns out Jed doesn’t like de Blasio’s insistence on creating more affordable housing in Williamsburg. Like any pampered man-child, he’s decided to throw a temper tantrum should his Domino Sugar rezoning requests fail to be approved: The mayor’s administration is insisting that the developer add even more space for affordable housing and, as a result, […]