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Sunday's NYT real estate section carried an article on Windsor Terrace, so you can check that if interested.
Windsor Terrance and Kensington are or were solid middle class areas with perhaps pockets of wealth and maybe lower middle class. IMHO what will happen is the same as Park Slope, South Brooklyn and places like Sugar Hill. Old timers who have been the area for years will either sell up if the price is right or their heirs will after they have passed on.
What you find in these areas as well is that is the average sale price for homes go up and so does their value, taxes aren't far behind. Persons often middle class such as current or retired City or state workers cannot afford such increases and soon become house poor. That and or they see how much they can get for the property and just decide it is best to take the money and run rather than try to keep up.
The question is how long will it take. 10 years? 15? 20? 30 even?
I honestly think the only neighborhoods in Brooklyn that will take a little longer than the rest are Brownsville and East New York. At minimum 3-5 Years before we see anything happening/change.
Flatbush will happen within the next year or 2, look at Crown Heights pace.
Lastly I don't like the term Brookhattan. Brooklyn is Brooklyn, you can't blame if a shift of attention is on the borough. Creating more office space and utilizing land that's not as active as it could be isn't a bad thing in my opinion.
For our population we are seriously lacking in the retail department and the more we become prominent on a global scale things like this will continue to happen. So every one who hates these type of changes and/or development in general you will probably hate the future of Brooklyn.
I could understand if this development was happening in some little suburban town in Kansas or something but this is New York. I can't wait to see the skyline in about 6 Years. Downtown Brooklyn is booming and it's just getting started.
Quite honestly a lot of this depends on what sort of housing stock is in these areas versus market demands.
Right now peeps want historic brownstones, town houses, Victorian, etc... such as what you find in abundance in many parts of Brooklyn. Parts of Ridgewood have some lovely sort of buildings but not much of "historic" stock that "Biff and Buffy" or "Biff and Charles" desire atm.
Ridgewood has the most national designated historical buildings than any other neighborhood in the country. They just aren't designated by the city so they do not have full protection.
On the topic of Bed Stuy and Ridgewood. What I believe will happen is a huge population shift in the years to come. In Bed Stuy we will see a huge demographic change and in Ridgewood they will be additions into the neighborhood, like southside Williamsburg, the Hasidic population are not going anywhere, they are staying put.
Bed Stuy being much more dangerous and poorer will see more change of course, but Ridgewood being a better neighborhood at it's current state will receive additions.
Brooklyn is hot because quite honestly you often get more for your money either in terms of condo, townhouse/ brownstone or even rental in most cases than Manhattan.
Three or four million probably won't get you much in terms of a brownstone in Manhattan below Harlem, but you can find many wonderful properties in Brooklyn.
Brooklyn also is just a different vibe than Manhattan. Compared to Manhattan for the most part it is absolutely bucolic.
On the topic of Bed Stuy and Ridgewood. What I believe will happen is a huge population shift in the years to come. In Bed Stuy we will see a huge demographic change and in Ridgewood they will be additions into the neighborhood, like southside Williamsburg, the Hasidic population are not going anywhere, they are staying put.
Bed Stuy being much more dangerous and poorer will see more change of course, but Ridgewood being a better neighborhood at it's current state will receive additions.
Since we all share the same street grid, as long as bushwick and bed stuy get better, that is all that ridgewood needs.
Ah what perception could do to people. Why is it so hard to believe? Bed-Stuy has always had the highest crime rate in Brooklyn. This gentrification stuff really clouds peoples minds.
Total violent crime (2013):
73rd precinct (Brownsville)= 1,993 per 100,000 people
81st precinct (Eastern Bed Stuy) = 1,936 per 100,000
All the stats across the board are similar this year. And who do you think had the higher murder rate in 2012?
73rd precinct: 16.19 murders per 100,000
81st precinct: 22.32 murder per 100,000
No pun intented, but Eastern bed stuy murdered brownsville last year. In fact, it was the murder capital of all of NYC.
Anyways back to an actual discussion...what makes eastern bed-stuy the most dangerous neighborhood (eh along with bville) in the city? For those who know the area, are there projects? Why is it worse than the western part? Why is it so much worse than East NY and on par with Bville?
Maybe because bedstuy has busier commercial districts used by people from many different neighborhoods? Nobody goes out of their way to go to Brownsville. Daily population is much higher in bedstuy. Those that commit crimes in Brownsville are likely from Brownsville, those that commit crimes in bedstuy can be from Brownsville, bushwick, ENY, crown hts, etc...
Ah what perception could do to people. Why is it so hard to believe? Bed-Stuy has always had the highest crime rate in Brooklyn. This gentrification stuff really clouds peoples minds.
Total violent crime (2013):
73rd precinct (Brownsville)= 1,993 per 100,000 people
81st precinct (Eastern Bed Stuy) = 1,936 per 100,000
All the stats across the board are similar this year. And who do you think had the higher murder rate in 2012?
73rd precinct: 16.19 murders per 100,000
81st precinct: 22.32 murder per 100,000
No pun intented, but Eastern bed stuy murdered brownsville last year. In fact, it was the murder capital of all of NYC.
Anyways back to an actual discussion...what makes eastern bed-stuy the most dangerous neighborhood (eh along with bville) in the city? For those who know the area, are there projects? Why is it worse than the western part? Why is it so much worse than East NY and on par with Bville?
Historically, Western Bed Stuy was the worst side and more notorious, but with the gentrification that's accelerated in the last decade and Eastern Bed Stuy receiving less of it, the heat is now on Eastern Bed Stuy. There's some PJs out there: Brevoort, Roosevelt, Stuyvesant. They're hotspots for crime, however unlike Western Bed Stuy, they're very separated from each other.
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