Brooklyn's Busiest Half
clydesan via flickr.com
A house in Victorian Flatbush.
Most of Brooklyn's home sales are happening in South Brooklyn, a slice of the city much less traveled by Manhattanites than the increasingly mirror-image neighborhoods further north.
In the first half of 2008, over 53 percent of Brooklyn home sales closed in South Brooklyn, according to a report (PDF) from appraisal firm Miller Samuel and brokerage Douglas Elliman.
Maybe it's got something to do with the fact that South Brooklyn, unlike its condo-laden neighbors elsewhere, remains awash in houses. "One- to three-family houses account for half the sales in the entire borough," Jonathan Miller, the report's author, pointed out yesterday.
16 Park Avenue
"On the corner of Park Avenue & 35th Street, in the heart of Murray Hill... " More details |
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South Brooklyn refers to Carroll Gardens, Boerum Hill, Cobble Hill, etc. The term does not refer to areas, like Kensington and Flatbush, that are geographically to the south. The article seems to have this backward.
Actually, for this article, South Brooklyn was treated literally as the southern expanse of the borough. See this page that lists the neighborhoods by geography for the Miller Samuel report.
http://www.millersamuel.com/reports/regional-boundaries-popup.shtml
- Tom