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Still Bed Stuy To The Post Office

Started by tpushbklyn
over 13 years ago
Posts: 137
Member since: Mar 2009
Discussion about
http://streeteasy.com/nyc/sale/823979-condo-105-lexington-avenue-bedford-stuyvesant-brooklyn?email=true On the border of Clinton Hill .. ten blocks from prime Ft Greene. Anyone care to educate me on why this would be a disastrous chance to take, or an excellent speculative move?
Response by NYCMatt
over 13 years ago
Posts: 7523
Member since: May 2009

Um, for someone using the term "Prime Fort Greene" ... I'm thinking this wouldn't be much of a risk at all.

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Response by tpushbklyn
over 13 years ago
Posts: 137
Member since: Mar 2009

Yes, I've seen your previous posts on the subject and realize 'survivable' would be a better word to use in your case.

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Response by moxieland
over 13 years ago
Posts: 480
Member since: Nov 2009

Yes! Lest you forget NYCMatt lives in shangri-la, the garden of Eden, the transportation hub of all of Manhattan.........Washington Heights.

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Response by tpushbklyn
over 13 years ago
Posts: 137
Member since: Mar 2009

I still admire a guy with the chutzpah to call me out on "Prime Ft Greene" while starting his own thread on "high end vacuum cleaners."

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Response by NYCMatt
over 13 years ago
Posts: 7523
Member since: May 2009

Oh please.

"Prime Fort Greene"?? Seriously?

Might as well be talking about "Prime Brownsville".

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Response by tpushbklyn
over 13 years ago
Posts: 137
Member since: Mar 2009

Fair enough. Now defend "high-end vacuum cleaners" and explain how you don't get your a** kicked on a daily basis uttering such phrases without a trace of irony ..

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Response by NYCMatt
over 13 years ago
Posts: 7523
Member since: May 2009

Um ... because there's mediocre crap and then there's the good stuff ...

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Response by tpushbklyn
over 13 years ago
Posts: 137
Member since: Mar 2009

To each his own buddy. I grew up in Marin County, so I'm no stranger to prime real estate. That said, I'd still prefer to live somewhere where people don't go around using terms like 'high-end vacuum cleaner' with a straight face.

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Response by mimi
over 13 years ago
Posts: 1134
Member since: Sep 2008

Back to the thread now?

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Response by kharby2
over 13 years ago
Posts: 279
Member since: Oct 2009

It's just not that speculative, if you know that area. My issue is not enough trees and green space around there, and Atlantic Terminal is a little too far away. If you're worried about crime, talk to the desk police officer at the precinct.

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Response by rb345
over 13 years ago
Posts: 1273
Member since: Jun 2009

tp:

1. I own and rent at Clinton & Lafeyette and have followed that market for many years
2. it has improved dramatically in recent years

3. while I cant say exactly how your area is, I can say that within the last five years
there has been a surge of rental and sales activity in it, growing market acceptance
of that area as an acceptable place to live and rent, and that there has been a surge
of new condo construction far north of 105 Lexington in Bed-Stuy where asking prices
per sq.ft approach or exceed $600

4. also that prices on Clinton Avenue are up 20-30% or more from just several years ago

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