Any Long Islanders thinking of moving into NYC? (Bellmore, Ridge: transplants, real estate)

[nbres]

Any suburban Long Islanders thinking of moving into NEw York City?

Here is an interesting article out of the Wall Street Journal.

The End of White Flight - WSJ.com

It basically says that white suburbanites are moving into the city again. What do you think?

[raiser]

Depending if I can score a good civil service job in the city ill be hopefully moving to either Forest Hills, Kew Gardens or Brooklyn in the next few months. Long Island is too expensive for a single person to afford a house and its taxes unless you move way out east. The other positive benefit is that ill be able to ditch my car with $2.00 subway rides.

[nbres]

Originally Posted by raiser

Depending if I can score a good civil service job in the city ill be hopefully moving to either Forest Hills, Kew Gardens or Brooklyn in the next few months. Long Island is too expensive for a single person to afford a house and its taxes unless you move way out east. The other positive benefit is that ill be able to ditch my car with $2.00 subway rides.

I think you are making a wise choice.

Where in Brooklyn are you considering?

The city has so much more to offer a single person than the suburbs. In fact the city has so much to offer everyone.

The Wall Street Article says that there are young families choosing to live in places like Brooklyn now. In a way it makes sense because Brooklyn was the original suburb.

[nancy thereader]

Park Slope where I taught before I retired remains one of the nicest places that a family can live (in the US , acording to many articles).

[Dexterguy]

Originally Posted by nbres

Any suburban Long Islanders thinking of moving into NEw York City?

Here is an interesting article out of the Wall Street Journal.

The End of White Flight - WSJ.com

It basically says that white suburbanites are moving into the city again. What do you think?

I really don't know how much of these articles are actually true. People will really not know these demographics until the 2010 census. It is true that some cities in the U.S. are growing (Newark). While many of it's suburbs are losing population. I have family on Long Island and they moved from Brooklyn back in the late 1980's, and they have no plans on moving back. They are happier in the Long Island suburbs, better schools, better house, bigger yard. This article may be true for young people who grew up in the LI suburbs but not for developing or planted families already in the suburbs.

[Andysocks]

A lot of people under 30 who grew up on LI are moving back into the city. But more are leaving for the south. The people in the article are usually transplants from other parts of the country looking to "experience" NYC, or whatever.

On topic though, my mom is someone who moved from Queens to Long Island and then back to Queens. I never really had any opinion of LI when I lived there, but I love Queens. It's hard to put my finger on, but between the Halal stands on busy corners, the kids actually playing outside on the street, the dozens of different languages you hear on a daily basis simply riding the bus or walking through the store, more parks than parking lots, the smaller but more attractive houses, the oddities like bambo gardens in front lawns, the quiet suburban street one block away from the six-story apartment building street one block away from the street with the stone rowhouses. Where else?

[raiser]

Originally Posted by nbres

I think you are making a wise choice.

Where in Brooklyn are you considering?

The city has so much more to offer a single person than the suburbs. In fact the city has so much to offer everyone.

The Wall Street Article says that there are young families choosing to live in places like Brooklyn now. In a way it makes sense because Brooklyn was the original suburb.

If i can pull it off id try to get a co-op in Brooklyn Heights but the best bang for the money is defiantly Bay Ridge. It really depends on what subway is needed to get to work. The scary part is that on Long Island a one bedroom co-op has 800-900 dollars maintenance fee and in the city its usually around 500. The only trade off is that the city has income taxes.

[omigawd]

Originally Posted by nbres

Any suburban Long Islanders thinking of moving into NEw York City?

Oh how I WISH! That would be my ultimate dream come true --- to live in Manhattan (Gramercy area).

[okaydorothy]

I agree with Bay Ridge. We have friends that live there and while parking is a pain in the rrear, it really is a nice area.

d

[KarenBo]

Interesting that people are saying that they would come to Brooklyn because its cheaper. I guess if you're looking at co-ops you might be able to find a decent deal, but real estate here hasn't really budged.

I just did a quick search online. New condos in Bay Ridge on 68th street (2BR with a small balcony) are going for 599K. An older co-op in Bay Ridge (2BR no balcony) is going for 425K with an 805/maintenance. The cheapest I saw (in Bay Ridge) was a one bedroom co-op for $282K with $638/maintenance. I love Brooklyn but I can't see spending that kind of money on an apartment. Bay Ridge is a nice area but the commute is long because there is only a local subway line.

Our property taxes are much lower but our car insurance rates are much higher. My Aunt and Uncle recently moved back from Bellmore and they said they basically broke even between the taxes and the car insurance.