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Old 09-11-2012, 10:11 PM
 
Location: where people are either too stupid to leave or too stuck to move
3,982 posts, read 6,663,765 times
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Guess what! All that gentrifying has finally paid off. Brooklyn is now the second most expensive place to live in America, according to a study from the Council for Community and Economic Research that was cited in the Brooklyn Daily Eagle. Number one, of course, is Manhattan.
For those who have been watching rents in many parts of Brooklyn achieve price parity with Manhattan, this doesn’t come as a huge surprise—but still, more expensive than San Francisco? Yes, apparently, we’ve finally taken the not-at-all coveted second place spot. Even all those filthy rich technocrats aren’t enough to bump the Bay Area up to Brooklyn’s status.

Still, San Francisco is a close runner-up, as are San Jose, Honolulu, Queens and Stamford. (Honolulu has ridiculously high food prices).

The Council ranks 300 U.S. cities, based on the cost of people who enjoy “a professional-managerial standard of living.” Whatever that means. It looks at factors like housing, grocery prices, transportation and utilities.In Brooklyn, it’s all about the cost of rent. Which is, as we all know, always going up. If you have rent control, it’s going up 3.75 percent, if you don’t it’s going up however much your landlord feels like it’s going up.

Borough president Marty Markowitz, the consummate politician, took the news with a cheerful sound bite, followed by a word of concern. “Brooklyn is thrilled that so many successful men and women, particularly in professional fields, have chosen to live here—adding to our economic diversity and making it one of the most desirable places on the planet to live, work and play,” he told the Eagle. “But we are also mindful that Brooklyn must never be a place of only the very rich or the very poor.”
Although it’s increasingly obvious that that is exactly what Brooklyn is becoming.


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Old 09-11-2012, 10:16 PM
 
Location: Portland, Oregon
46,001 posts, read 34,991,295 times
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I'd believe that, the prices on the inner part of the Brooklyn, the areas closer to Manhattan has rents that are on par with much of Manhattan now.
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Old 09-11-2012, 10:35 PM
 
145 posts, read 283,886 times
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My grandfather just rolled over in his grave...
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Old 09-11-2012, 11:01 PM
 
Location: DA BX
32 posts, read 36,783 times
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outter bull!! Cuz then brooklyn has neighborhoods that are the poorest in the nation. Brooklyn is an example of what is happening to all of NYC. Either your rich or your poor. Thats why robbery is a mecca over here =)
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Old 09-12-2012, 07:56 AM
 
Location: Manhattan
25,341 posts, read 36,836,839 times
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Quote:
The Council ranks 300 U.S. cities, based on the cost of people who enjoy “a professional-managerial standard of living.”

Thing is that everyone who enjoys this "professional-managerial" standard of living WORKS in Manhattan, COMMUTES to and from Manhattan and spends all his entertainment money IN Manhattan.

Basing costs the way this "Council" does says basically that THE RICH IN BROOKLYN PAY A LOT. That's quite meaningless in evaluating an entire borough.
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Old 09-12-2012, 08:12 AM
 
8,743 posts, read 18,311,009 times
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It seems to be more of a product of what we see happening in NYC, and the precursor to NYC's probable future. Brooklyn is the 2nd most expensive place in the country, but tell that to the people living in ENY, Brownsville, Starret City, etc. What we really see happening is the creation of the wealthy enclaves who live in the inner ring around Manhattan (less than 30 minute commute), and then the poor/destitute who live in the housing projects throughout the borough and outside of the "habitable zone" (>30 minutes from Manhattan).

What this is telling us is that the stark and sad contrast between the haves-and the have-nothings in Manhattan is now repeated in Brooklyn...and the hollowing out of everything in the middle will doom this city. This should be no surprise as the borough has been raped and pimped by real estate interests for 20+ years now...and there is no end in sight. Is this the future that we want for NYC? I don't!

Last edited by SobroGuy; 09-12-2012 at 08:50 AM..
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Old 09-12-2012, 08:20 AM
 
Location: Manhattan
25,341 posts, read 36,836,839 times
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Quote:
Originally Posted by SobroGuy View Post
It seems to be more of a product of what we see happening in NYC, and the precursor to NYC's probably future. Brooklyn is the 2nd most expensive place in the country, but tell that to the people living in ENY, Brownsville, Starret City, etc. What we really see happening is the creation of the wealthy enclaves who live in the inner ring around Manhattan (less than 30 minute commute), and then the poor/destitute who live in the housing projects throughout the borough and outside of the "habitable zone" (>30 minutes from Manhattan).

What this is telling us is that the stark and sad contrast between the haves-and the have-nothings in Manhattan is now repeated in Brooklyn...and the hollowing out of everything in the middle will doom this city. This should be no surprise as the borough has been raped and pimped by real estate interests for 20+ years now...and there is no end in sight. Is this the future that we want for NYC? I don't!


Think BLADE RUNNER. The complete fascist dystopia.
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Old 09-12-2012, 08:21 AM
 
7,296 posts, read 11,804,559 times
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It's all driven by demand. Take lower Manhattan, including Tribeca and Battery Park City. It's not that conducive to building homestead because of being flood prone but well to do people still move there because of location. Eventually even ENY and Brownsville will be occupied by the more affluent for those reasons.
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Old 09-12-2012, 08:36 AM
 
Location: Bronx
16,200 posts, read 22,930,408 times
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Quote:
Originally Posted by Kefir King View Post
Think BLADE RUNNER. The complete fascist dystopia.
NYC reminds me alot like bladerunner. Thjs citt is very dyostopian with cops everywhere billboaed advertisements, grit, dirt and pollution. Corporate control of the masses theough technology and fear and repression of the govt. Poor and the rich live in separate worlds like in Minority Report.
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Old 09-12-2012, 08:43 AM
 
1,431 posts, read 2,606,700 times
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The hollowing out of the middle class should be THE issue in NYC politics, but it's not even part of the elite conversation, as far as I can tell. The path we're on now has no future. Something has to give, and I believe it will.
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