Viewing entries tagged
Manhattan

Is Manhattan the new Brooklyn?

Remember when New Yorkers seeking a home would shop Manhattan first, then head to Brooklyn as their budget wore thin?  The trend seems to be reversing, as high prices everywhere and lack of inventory are driving some would be Brooklynites to find substitutes in Manhattan enclaves such as Beekman Place, Gramercy Park, the Upper East Side and Hamilton Heights rather than delve into the farthest reaches of Brooklyn.  There's something to be said about not being trapped in Brooklyn every weekend due to the MTAs never ending service interruptions and a quick commute.  At this point in time, moving to Brooklyn isn't a bargain, it's a lifestyle.

Photo courtesy of the New York Times.

Read more at NYTimes.com. >>