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Old 09-26-2018, 06:18 AM
 
Location: Confines of the 101 Precinct
19,668 posts, read 34,777,065 times
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Old 09-26-2018, 06:23 AM
 
497 posts, read 156,349 times
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I have always been a firm believer that the L train shut down will not slow down Williamsburg/Bushwick that much.
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Old 09-26-2018, 06:38 AM
 
3,327 posts, read 3,512,535 times
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Quote:
Originally Posted by SeventhFloor View Post
In the interest of honesty, it'll probably take a few years to get this building up.

On the other hand, the L train shutdown has been way overblown. Mostly due to all of the entitled complainers who currently live in Williamsburg and RE agents.


Look at where the demand is coming from for Williamsburg; the truly wealthy, upper middle class yuppies, trust funders, and those supported by their parents. You don't think these people can find an extra few thousand dollars a year for Ubers or other alternatives?
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Old 09-26-2018, 06:40 AM
 
497 posts, read 156,349 times
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Quote:
Originally Posted by wawaweewa View Post
In the interest of honesty, it'll probably take a few years to get this building up.

On the other hand, the L train shutdown has been way overblown. Mostly due to all of the entitled complainers who currently live in Williamsburg and RE agents.


Look at where the demand is coming from for Williamsburg; the truly wealthy, upper middle class yuppies, trust funders, and those supported by their parents. You don't think these people can find an extra few thousand dollars a year for Ubers or other alternatives?
A good chunk of Williamsburg is walking distance to the J train, and local uber pools can be very affordable even if you're not rich.
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Old 09-26-2018, 06:45 AM
 
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Quote:
Originally Posted by BuildingLover View Post
A good chunk of Williamsburg is walking distance to the J train, and local uber pools can be very affordable even if you're not rich.
You're correct. Even if alternatives weren't that affordable, the demand for Williamsburg isn't coming from the working or middle class. Money makes solving problems a lot easier.
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Old 09-26-2018, 06:49 AM
 
Location: In the heights
22,222 posts, read 23,744,506 times
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L train shutdown is going to decelerate rent prices and somewhat effect business. It’ll also mean congestion on and to the Williamsburg bridge is going to get crazy and the Lorimer/Metropolitan stop is probably going to be a ****show. Not a descent into anarchy, but there will be some noticeable effects when it goes down.

There’s been some effects simply in anticipation of the shutdown: https://nypost.com/2018/08/08/hipste...wn-approaches/
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Old 09-26-2018, 06:53 AM
 
497 posts, read 156,349 times
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Quote:
Originally Posted by wawaweewa View Post
You're correct. Even if alternatives weren't that affordable, the demand for Williamsburg isn't coming from the working or middle class. Money makes solving problems a lot easier.
Right, and if they're wealthy they could just UberX as much as they want.

Quote:
Originally Posted by OyCrumbler View Post
L train shutdown is going to decelerate rent prices and somewhat effect business. Itíll also mean congestion on and to the Williamsburg bridge is going to get crazy and the Lorimer/Metropolitan stop is probably going to be a ****show. Not a descent into anarchy, but there will be some noticeable effects when it goes down.
I bet it will not decelerate rents. I honestly don't think the entertainment scene in either North Side Williamsburg or upper Bushwick will skip a beat.

I do think the J and M will be nuts, though.
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Old 09-26-2018, 06:55 AM
 
Location: In the heights
22,222 posts, read 23,744,506 times
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Quote:
Originally Posted by wawaweewa View Post
You're correct. Even if alternatives weren't that affordable, the demand for Williamsburg isn't coming from the working or middle class. Money makes solving problems a lot easier.
Money also makes it easy to contemplate the costs of moving because you prize convenience.
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Old 09-26-2018, 07:00 AM
 
3,327 posts, read 3,512,535 times
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Quote:
Originally Posted by OyCrumbler View Post
Money also makes it easy to contemplate the costs of moving because you prize convenience.
What's a substitute for Williamsburgh? Hint: there is none. People move there and pay obscene rents and purchase prices because they want to be in Billyburgh.

Also, there's a cost to moving. Why wouldn't they just throw that money at ways to alleviate their inconvenience?
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Old 09-26-2018, 07:02 AM
 
497 posts, read 156,349 times
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Quote:
Originally Posted by wawaweewa View Post
What's a substitute for Williamsburgh? Hint: there is none. People move there and pay obscene rents and purchase prices because they want to be in Billyburgh.
The substitute for North Williamsburg is South Williamsburg.
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