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In the 90’s and 2000’s Staten Island was still well populated by natives. It’s the Brooklyn transplants who use it as a stopover to NJ. We’re all leaving now because a) the whole city blows goats and b) home values are too high to pass up the profit. I made $200,000 on a tiny townhouse. It’s sick.
When my parents were looking for a home in the late 90s, they looked at a few in SI and in South BK. The ones in SI were about $50K cheaper on average (about a 20 -25% discount to BK). My parents were looking there because we already had family that moved from BK to SI. This phenomenon was alive and well even in the late 90s.
My father was not to keen on SI though so chose south BK. Truth is those who bought in south BK made the right decision. Price appreciation has exceeded that of SI across all home types. Not that SI home prices haven't appreciated but the BK ones are now ahead 30-50% instead of 20-25% compared to he late 90s.
When my parents were looking for a home in the late 90s, they looked at a few in SI and in South BK. The ones in SI were about $50K cheaper on average (about a 20 -25% discount to BK). My parents were looking there because we already had family that moved from BK to SI. This phenomenon was alive and well even in the late 90s.
My father was not to keen on SI though so chose south BK. Truth is those who bought in south BK made the right decision. Price appreciation has exceeded that of SI across all home types. Not that SI home prices haven't appreciated but the BK ones are now ahead 30-50% instead of 20-25% compared to he late 90s.
In the 90’s they were building houses like mad on Staten Island. From late grammar school to the end of high school, we lost all of the woods we grew up running around in.
Lots of natives upgraded by selling their older homes to Brooklynites. And of course Brooklynites poured into the new ones as well.
Growing up, everyone I knew who moved stayed on the Island, moving to upgraded homes. Now everyone (me included) is leaving. For example, my father owned 4 different houses on the island. My mother 3.
In the 90’s they were building houses like mad on Staten Island. From late grammar school to the end of high school, we lost all of the woods we grew up running around in.
Lots of natives upgraded by selling their older homes to Brooklynites. And of course Brooklynites poured into the new ones as well.
Growing up, everyone I knew who moved stayed on the Island, moving to upgraded homes. Now everyone (me included) is leaving. For example, my father owned 4 different houses on the island. My mother 3.
Have no reason to believe or know that this isn't true but truth is that this who bought in BK, wound up making a lot more than in SI.
I'm not even talking about those that bought in places like Carrol Gardens, Windsor Terrace, Cobble Hill, Boerum Hill, etc.
I’m sure they did, that’s not the part I’m debunking. I’m talking about your first comment regarding islanders fleeing. It was the transplants who were transitory. Native islanders stayed, until recently.
I’m sure they did, that’s not the part I’m debunking. I’m talking about your first comment regarding islanders fleeing. It was the transplants who were transitory. Native islanders stayed, until recently.
I think it's hard to make that pronoucnement unless you personally knew of tens of thousands of cases that either left or didn't leave.
I guess anyone who lived there before the bridge opened up can be considered a "native" but there were only 200,000 people around that time. Either way, people moving isn't new. Most of the time, it's the children that move. Lots of current day SI's grew up in BK and purchased in SI because there either was. discount relative to BK or you got more per sq ft.
In the 90’s and 2000’s Staten Island was still well populated by natives. It’s the Brooklyn transplants who use it as a stopover to NJ. We’re all leaving now because a) the whole city blows goats and b) home values are too high to pass up the profit. I made $200,000 on a tiny townhouse. It’s sick.
In the 90’s they were building houses like mad on Staten Island. From late grammar school to the end of high school, we lost all of the woods we grew up running around in.
Lots of natives upgraded by selling their older homes to Brooklynites. And of course Brooklynites poured into the new ones as well.
Growing up, everyone I knew who moved stayed on the Island, moving to upgraded homes. Now everyone (me included) is leaving. For example, my father owned 4 different houses on the island. My mother 3.
In the Grant City - New Dorp - Oakwood sections are among the most desirable on SI and homes command high prices and it's a mix of ex-Brooklynites and Staten Islanders buying up these detached 1-family and 2-family homes. In fact most of the SI neighborhoods of detached homes are doing well. Neighborhoods of semi-attached and townhomes doing less well but not hurting.
In the Grant City - New Dorp - Oakwood sections are among the most desirable and homes command high prices and it's a mix of ex-Brooklynites and Staten Islanders buying up these 1-family and 2-family homes.
I know, that’s where I grew up, owned my first home and just recently left. I grew up on the same block as my father. My grandfather, father and me all owned our first homes in the same neighborhood. Except for my time in the Army, I spent my whole life less than 1 mile from an SIRR train station. Native Staten Islanders used to stay for generations.
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