Bullish on Bay Ridge

The Wall Street Journal trains its neighborhood-profile lens on Bay Ridge in an article that IDs the area as a Slope alternative and gives a sense of current real estate prices. To the quotes! “In recent years, the area has seen a different kind of newcomer, as it became a haven for those priced out of more expensive Brooklyn neighborhoods such as Park Slope and Cobble Hill” and also “”You have the close proximity to Manhattan, close to all subways, an excellent school district, shopping, nightlife,'” according to a broker. Brokers also say that prices generally go from $200,000 for co-ops up to $2 million for Victorians on the most sought-after streets. StreetEasy stats peg the median sales price for all types of residential property in the neighborhood at $341,000. There aren’t that many condos available in the neighborhood, but one new-ish conversion called Pier Pointe is said to be attracting buyers from northern Brooklyn.
Shoring Up the Neighborhood in Bay Ridge [WSJ]
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