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Is Port Washington a neighborhood in transition for the worse or for the better? What's the deal with manorhaven? Would you buy in port Washington for the long term or is it too risky since some think port will deteriorate over time like other Long Island towns that transitioned for the worse.
I think you need to live for the now. No one can predict the future of Long Island. I am sure all the people living in Hempstead during it's heyday never thought it would turn to sh*t. No one knows what will happen. It is even possible for bad towns to turn good.
Is Port Washington a neighborhood in transition for the worse or for the better? What's the deal with manorhaven? Would you buy in port Washington for the long term or is it too risky since some think port will deteriorate over time like other Long Island towns that transitioned for the worse.
The future of Port Washington is BRIGHT INDEED, SIR.
But really, it is. Everyone's well-educated and fairly well off. I think we'll be fine.
Is Port Washington a neighborhood in transition for the worse or for the better? What's the deal with manorhaven? Would you buy in port Washington for the long term or is it too risky since some think port will deteriorate over time like other Long Island towns that transitioned for the worse.
I agree with the user who said that it's very hard to predict the future of a community. Personally, I don't think Port Washington will "change for the worst" but who knows. One way that you can look at is is that, even in the 'less expensive' Manorhaven community, housing is too expensive for most lower income to afford and it's too expensive for landlords to make a profit from renting it out. If you want to be extra sure, you can review the zoning ordinances to see what kind of areas could potential be zoned for renters.
PW is now a very hot real estate market with overseas investors pouring money in to snap up homes. If there's any neighborhood in LI that's changing for the worse, it won't be PW.
I would not buy in PW now because the prices are already inflated.
I agree, Port Washington has been getting more expensive over the years. I think some may get the perception that it's "at risk" because of its large and growing Hispanic population but this isn't the case at all. A lot of professionals from Manhattan are continuing to move in and find it to be a desirable neighborhood. In fact Port has much more of a NYC orientation than many other places in Nassau County and a larger % than usual of people commuting to the city for work. Many people like Port because it is slightly more diverse and interesting and not your standard upper middle class suburb like Manhasset or Great Neck.
The people that seem to be leaving Port are people in the middle income range (like myself). Port seems to be increasingly split between a growing upper middle affluent class and a growing Hispanic working class (mainly in Manorhaven and a few other small sections of Port). People like myself that don't fit into either group feel a little left out. I'll be looking to cash out and move on to more appropriate settings soon.
However if you have the cash, Port is a very good place to live. Good schools, easy commute to the City, good restuarants and a wide range of people and cultures.
I'm a yuppie doctor living in prime Brooklyn, and I am looking for a house in Port Washington.
I just lost out on a bidding war for a house in PW.
I think PW will be fine.
It's always been pretty diverse, even going back decades, but always stable. It's not like many other communities on Long Island where being diverse is just a transition before it becomes a majority another race.
I looked at the demographics of Daly Elementary from the 1980's to today and found that when my wife attended there in the 1980's it was about 60-65% white, today it is 67% White. So it was diverse back then and diverse today. Port has always been an unusual place.
Again becuase of its easy commute it attracts high income earners from Manhattan but also working class Hispanics because these affluent people need personal services. Both groups are growing in this community.
Middle income people like myself are declining in Port, but that is true all over the Island and to an extent nationwide.
Last edited by Port North; 06-20-2013 at 12:50 PM..
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