Real Estate in Brooklyn Heights Growing Interest in Brooklyn Heights There are very few places in this country that can exceed the prices of properties in Manhattan, but as space is becoming limited on the island, those prices are starting to cross over the Brooklyn Bridge and into the neighborhood of Brooklyn Heights. Large real estate developers such as BFC Partners who Real Estate Prices of Brooklyn Heights A Long History of High Prices From a history of high prices to what seems to be a future of even higher prices, the quiet neighborhood of Brooklyn Heights might experience more hustle and bustle. Over the past decade, condominiums have been popping up all over Brooklyn. Following the trend, new construction of condos in DUMBO is already underway. Over 250 new unites were already built. Currently, among DUMBO's newest condos, 50 Bridge Street's open lofts range from $480,000 for an 800-square-foot, one-bath unit to $1.2 million for a two-bath unit with 1,845 square feet of interior space and 1,483 square feet of outdoor space. A projected estimate of 800+ units will be built in the area over the next 2-3 years. Crime Times Strolling around Brooklyn Heights, everything around seems extremely quiet. It is an unfamiliar feeling of tranquility. There are barely any passersby or even any cars for that matter, but the strangest thing is the lack of police and fire trucks. What is behind this curious phenomenon? Is the decrease in crime somehow linked to the recent gentrification of Brooklyn Heights? NYC statistics shed some light on this peculiarity. | |
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