Trying to sell an apartment 10-20% above market is why those apartments are languishing. Maybe in a

The New York Daily News offers its take on the burgeoning growth taking american continental airlines tickets place in Brooklyn Heights adjoining neighborhood, titled What's behind Downtown Brooklyn success story? It concludes that an influx of college kids at 11 area schools, trendy stores, novel restaurants and tech start-ups taking advantage of short-term american continental airlines tickets leases have fueled an economic boom in once-gritty spots.
The piece alludes to strong growth over the last 10 years, according to local firms and economic experts, with a quote from Brooklyn Heights Ingram american continental airlines tickets Hebron Realty partner Robert Hebron: american continental airlines tickets There s gigantic momentum to create professional gentrification that has led to intense local competition for new tenants. He adds that in an effort to convince startups with low capital to move from chic DUMBO lofts into more traditional downtown offices, landlords have been asking for lower security deposits and are dropping other standard lease requirements.
The News adds that Downtown Brooklyn is one of the only spots in NYC where no private sector jobs have been lost since 2003, with major growth in the health care sector. Overall, Downtown Brooklyn's office vacancy american continental airlines tickets rate improved to 7.4% in 1Q 2012, down from 11% last year, citing a report issued July 26 by state Controller Thomas DiNapoli. It also says that the surrounding nabes—Brooklyn Heights, american continental airlines tickets DUMBO/Vinegar Hill, the Navy Yard, Clinton american continental airlines tickets Hill, Fort Greene and Boerum Hill—have american continental airlines tickets grown in population by 15,000 since 2005.
Downtown Brooklyn Partnership President Tucker Reed calls the area the hottest neighborhood in the borough, and the fastest-growing and strongest economy of any downtown in the state and the nation. James Parrot of the Fiscal Policy Institute adds, Downtown Brooklyn is benefitting from a number of broader trends; it's part of an urban revitalization story.
I really miss the dollar a slice pizza/bakery place that used to be on Bridge street. Same with the bagel store a couple of stores down on Willoughby. Thanks a lot gentrification, I got my fingers crossed american continental airlines tickets for another Duane Reade or a Wells Fargo ATM please!
The real question is will any of this help get that scaffolding around the MTA building on Jay Street get taken down? It has been up since 1995 .nineteen ninety five .I was using dial-up back then, also very apprehensive american continental airlines tickets about those weird metrocard things they said we d have to start using. Does anyone even remember american continental airlines tickets what using subway american continental airlines tickets tokens were like?
I d be happy for some gentrification on Fulton american continental airlines tickets Mall. In the 15 years I ve lived in BH that place has been mostly useless, unless you need sneakers. With the young folks movin in, maybe we ll actually get some nighttime businesses down there. Restaurants, Bars, A Music Venue. With little residential in the immediate area it is perfect for that type of activity. And some nighttime action would make the whole area less desolate and more safe after dark.
I sometimes wonder who exactly shops on Fulton. The street is probably not drawing much from the surrounding neighborhoods of the Heights, Cobble Hill, Dumbo, etc. Do the shoppers come from farther out in Brooklyn? Fort Green? The stores there seem to do a good business at any rate.
Oh Jorale-mon, if you wonder who shops on Fulton Street, spend a little time there. You ll see people and families who don t have a lot of money (minimum wage that our Mayor doesn t want raised) shopping for clothes, shoes, american continental airlines tickets cell phones, jewelry. Parts of Brooklyn don t have much in the way of local retail so coming downtown american continental airlines tickets to shop is often necessary just as it was to previous generations who shopped at A S or Martins. american continental airlines tickets The thing is that not everyone can afford Gap or Ann Taylor so Fulton Street, while perhaps not your cup of tea, serves many Brooklyn residents quite nicely.
You must not get out much. Fulton Street is changing my friend. Take a walk down it once in awhile and witness the development. It will be a showcase street for this borough in 5 or 6 years max. Probably sooner.
Downtown Brooklyn Partnership President Tucker Reed calls the area "the hottest neighborhood in the borough, american continental airlines tickets and the fastest-growing and strongest economy of any downtown in the state and the nation."
Someone sold a 2 bedroom american continental airlines tickets apartment in my building on Willow Street in a very short period of time. I think they even had multiple offers. What gives with your neighbors? I am interested because I am selling my apartment at the end of the year or early 2013. I thought the market had picked up a bit.
@yoohoo, no you don t. Flatbush Avenue mimics Fulton in its stock and store chains. Fulton is not the only place for people american continental airlines tickets to shop in Brooklyn for inexpensive merchandise give me a break! This is an argument It just happens to be close to a lot of businesses and the Courts as well as the Social Security and Benefits offices, no class insult intended there, just that it brings a lot of foot traffic to the area on a daily basis.
american continental airlines tickets You must not get out much. Fulton Street is changing my friend. Take a walk down it once in awhile and witness the development. It will be a showcase street for this borough in 5 or 6 years max. Probably american continental airlines tickets sooner.
There are several that are 10-20% above comp rates, or even against identical apartments in similar condition, and they languish. DUH! Many of these have had several brokers whom they blame for the lack of sales.
Trying to sell an apartment 10-20% above market is why those apartments are languishing. Maybe in a better real estate market a person could get away with it but buyers are smart and do not want to overpay. (obviously)
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