Quote:
Originally Posted by chris08876
In all seriousness, LIC and its proxies are the cool spots and places to be price wise. Parts of Brooklyn actually give Manhattan a run for its money when it comes to unit prices. DoBro, Williamsburg, Park slope, and so on are actually very expensive. I would not say its the place for younger people to be. Its changed to the point where its suitable for 30-35 yr olds whose income is in the range of 100-140k (combined household).
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Small 2 bedrooms in the desirable parts of Brooklyn run $1 million++, so are very comparable to most parts of Manhattan. Even 1 bedrooms run $1 million+ if new construction. Family sized units (say 1,500 square feet+) usually run $2 million+. No one is moving to Brooklyn these days to get a "good deal" relative to Manhattan or any other place.
Here's a small new condo building where a family friend recently bought. And it's in Boerum Hill, which while a good neighborhood, isn't an A+ location.
http://610warren.com/availability.php
And households in the 100-140 income range aren't buying those units. Probably triple your income range, at least.