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Old 12-18-2015, 04:06 AM
 
Location: Beautiful Pelham Parkway,The Bronx
9,247 posts, read 24,084,509 times
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A bit of a shocker as Jamaica, Coney Island, Pelham Parkway,Bedford Park, Parkchester are all in the top 10.They cite good access to transportation and "affordability" as the reasons.


Pelham Parkway Will Be Hot Real Estate Spot in 2016, Experts Say - Pelham Parkway - DNAinfo.com New York


"These neighborhoods are ranking very high in the minds of New Yorkers as they are dealing with that very high rent burden and trying to lower their share of the income that needs to go to the rent check," he said.

The Bronx neighborhoods that received the lion's share of attention in 2015 for being trendy were Mott Haven and Port Morris, but Lightfeldt maintained that StreetEasy's data showed a greater interest in the borough's more far flung spots.

"There’s no doubt more attention is being paid to that area of the city," he said, "but when it comes to actually searching for homes and what New Yorkers seem to think is viable in terms of affordability, they’re moving to Pelham Parkway and not Port Morris."

It also says rents are expected to rise faster in The Bronx than in any other borough in 2016.

What does all this mean ? Is The Bronx's nasty rep finally fading away after 40 years?

Last edited by bluedog2; 12-18-2015 at 04:18 AM..
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Old 12-18-2015, 05:29 AM
 
Location: Bronx
16,200 posts, read 23,054,327 times
Reputation: 8346
Quote:
Originally Posted by bluedog2 View Post
A bit of a shocker as Jamaica, Coney Island, Pelham Parkway,Bedford Park, Parkchester are all in the top 10.They cite good access to transportation and "affordability" as the reasons.


Pelham Parkway Will Be Hot Real Estate Spot in 2016, Experts Say - Pelham Parkway - DNAinfo.com New York


"These neighborhoods are ranking very high in the minds of New Yorkers as they are dealing with that very high rent burden and trying to lower their share of the income that needs to go to the rent check," he said.

The Bronx neighborhoods that received the lion's share of attention in 2015 for being trendy were Mott Haven and Port Morris, but Lightfeldt maintained that StreetEasy's data showed a greater interest in the borough's more far flung spots.

"There’s no doubt more attention is being paid to that area of the city," he said, "but when it comes to actually searching for homes and what New Yorkers seem to think is viable in terms of affordability, they’re moving to Pelham Parkway and not Port Morris."

It also says rents are expected to rise faster in The Bronx than in any other borough in 2016.

What does all this mean ? Is The Bronx's nasty rep finally fading away after 40 years?
The fallout here is that folks who live in immediate areas near Manhattan can no longer afford the rent, also these are longtime working or local residents who don't mind moving further out or away. Also Pelham Parkway is a solid Middle Class neighborhood. A person who is Middle Class conscious, Pelham Parkway is a no brainer.
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Old 12-18-2015, 06:33 AM
 
3,960 posts, read 3,600,824 times
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Coney Island is extremely far from Manhattan, not to mention that not all of it is subway-accessible.
Also, it's gang-infested.
Sorry, I don't see it.
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Old 12-18-2015, 06:34 AM
 
1,712 posts, read 2,909,590 times
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Quote:
Originally Posted by bluedog2 View Post

What does all this mean ?
If you're working or middle class then you don't deserve to live in New York City.
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Old 12-18-2015, 06:43 AM
 
Location: Beautiful Pelham Parkway,The Bronx
9,247 posts, read 24,084,509 times
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Originally Posted by Shoshanarose View Post
Coney Island is extremely far from Manhattan, not to mention that not all of it is subway-accessible.
Also, it's gang-infested.
Sorry, I don't see it.
Yes, but it's in Brooklyn and that's all that matters to some people. Bushwick, Bed Stuy,Crown Heights, Harlem and many other neighborhoods were/maybe still are gang infested. There are lots of people who will do almost anything to have their address be BROOKLYN,NY no matter what ,just the same as people who pay a huge premium to live in places like Inwood just to have a NYC,NY address, even though Inwood is as far from midtown as much of The Bronx where rents are still about 1/2.

NY,NY, BROOKLYN,NY and 212 area codes mean a lot to some people regardless of actual living conditions.
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Old 12-18-2015, 07:18 AM
 
Location: Northeast states
14,056 posts, read 13,950,334 times
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Quote:
Originally Posted by bluedog2 View Post
Yes, but it's in Brooklyn and that's all that matters to some people. Bushwick, Bed Stuy,Crown Heights, Harlem and many other neighborhoods were/maybe still are gang infested. There are lots of people who will do almost anything to have their address be BROOKLYN,NY no matter what ,just the same as people who pay a huge premium to live in places like Inwood just to have a NYC,NY address, even though Inwood is as far from midtown as much of The Bronx where rents are still about 1/2.

NY,NY, BROOKLYN,NY and 212 area codes mean a lot to some people regardless of actual living conditions.
Some people feel they are in hollywood becuase they got nyc address
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Old 12-18-2015, 07:26 AM
 
12,340 posts, read 26,139,928 times
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Quote:
Originally Posted by bluedog2 View Post

What does all this mean ? Is The Bronx's nasty rep finally fading away after 40 years?
I think it might be, although I just met a couple who are long-time New Yorkers (since the '70s) and are about to be kicked out of their LIC apartment after a few decades, due to the building being sold. When I suggested the Bronx, they mentioned something along the lines of "last time I was in the Bronx, the Bronx was burning"

So maybe the old-timers who had that impression of the Bronx from the old days are not as open to it, but anyone who has come in the past 10-15 years doesn't necessarily have that Bronx is Burning association, and can keep a more open mind.
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Old 12-18-2015, 07:46 AM
 
320 posts, read 283,354 times
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Coney Island, right. Good luck trying to kick the Warriors out of their territory. Cyrus' death nor the Rouges could stop these guys.

"Warriors, come out and payyyyy" said the new neighbor
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Old 12-18-2015, 08:07 AM
 
1,039 posts, read 1,159,657 times
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Jamaica right by LIRR should be a great place to build condos.

Thing about it right next to train tracks, want to take train to Penn Station, JFK, MSG, Atlantic Terminal, Fire Island, Hamptons, Long Beach all right there. Boom. plus the subway and an express buss to LGA.
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Old 12-18-2015, 10:36 AM
 
1,051 posts, read 1,068,617 times
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Quote:
Originally Posted by DelightfulNYC View Post
Jamaica right by LIRR should be a great place to build condos.

Thing about it right next to train tracks, want to take train to Penn Station, JFK, MSG, Atlantic Terminal, Fire Island, Hamptons, Long Beach all right there. Boom. plus the subway and an express buss to LGA.
Right. And that's been the case for decades. But it's still sketchy. I hope good things do happen for the area, but I don't see it happening quickly or soon.
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