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Residential sales across NYC dropped 32% year-over-year in 2020
Median sale price in New York City (all four boroughs) rose to $660,000, a 1% uptick from last year
Only 9 NYC neighborhoods recorded an increase in sales activity in 2020
Hudson Yards had the highest median sale price in NYC at $4,504,000
Hudson Yards Maintains Crown as NYC’s Priciest Neighborhood for 2nd Year in a Row, DUMBO Retakes Top Spot in Brooklyn
TriBeCa was #2 priciest for second year in a row; Little Italy was #3 priciest
Sales activity in Gowanus surged 113% & Malba and Neponsit’s medians exceeded $1,000,000
Little Italy has not had any Italians living there for quite some time now. It is basically Chinatown in all but name. Which makes sense that the Chinese are now buying out the territory that used to be owned by Italian landlords. They all moved to Staten Island, New Jersey, and Long Island anyway.
Little Italy has not had any Italians living there for quite some time now. It is basically Chinatown in all but name. Which makes sense that the Chinese are now buying out the territory that used to be owned by Italian landlords. They all moved to Staten Island, New Jersey, and Long Island anyway.
Almost right. The “real” and current Little Italy is in the Bronx. I eat there as often as I can. Really nice butcher shops as well. You don’t want to know what’s in the sausage...
Almost right. The “real” and current Little Italy is in the Bronx. I eat there as often as I can. Really nice butcher shops as well. You don’t want to know what’s in the sausage...
That's true but the article was talking about the Manhattan Little Italy based on its connection to Tribeca and the Village. Never been to the one in the Bronx but I do love the South Shore of Staten Island. My sister in law is Italian - times are changing - used to be that her dad, brother, and cousins would make it known that non-Whites are unwelcome in the family if it was a generation ago. Nowadays, her family is trying to learn Chinese and want to see their new hapa grandkid.
Little Italy has not had any Italians living there for quite some time now. It is basically Chinatown in all but name. Which makes sense that the Chinese are now buying out the territory that used to be owned by Italian landlords. They all moved to Staten Island, New Jersey, and Long Island anyway.
Chinatown is becoming less 'Chinatown' as older residents age and can't afford living there. New residents are much more diverse. In 25-50 years the area will be Chinatown in name only.
Little Italy has not had any Italians living there for quite some time now. It is basically Chinatown in all but name. Which makes sense that the Chinese are now buying out the territory that used to be owned by Italian landlords. They all moved to Staten Island, New Jersey, and Long Island anyway.
Parts of old school Italian Brooklyn have been completely bought out by the chinese. I have a couple of co workers who said they sold for above ask to cash buyers which all happened to be 25year old chinese kids.
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