Tuesday, September 30, 2014

Brooklyn area eyed for affordable housing is already overpriced


From PIX11:

Residents and real estate agents in the East New York neighborhood of Brooklyn believe developers are moving in and purchasing property, dramatically raising prices.

“Land is starting to be speculated at 2-3 times what it was going for in just the last year,” said Kyle McCullers, a salesperson with Citi Habitats.

Last Spring Mayor Bill de Blasio announced the city would help build or sustain 200,000 affordable housing units in the five boroughs, with construction starting in East New York.

McCullers believes developers may be purchasing land hoping to benefit from an uptick in funds to build in the area.

“Once you get new development and developers have to cover their cost, what they perceive to be low rent may not be low rent for the folks who are from the neighborhood,” McCullers explained.

10 comments:

Anonymous said...

Another way to push the working class out of NYC. I hope NYC goes broke once all the working class gets pushed out. Once the working class isn't there, then There's noone to pick up the bill for the city's debts. All NYC is becoming is for the have and the have Nots.

Anonymous said...

What exactly is working class? East new york? The poverty rate in East New York is over 50%. Other people on this site call forest hills gardens a working class neighborhood the other day. Is there anybody that doesn't count as working class at this point?

Joe Moretti said...

Who the hell would live in East New York, probably the worst community in all of NYC. It makes Jamaica look like the Upper East Side.

Anonymous said...

Who the hell would live in East New York, probably the worst community in all of NYC. It makes Jamaica look like the Upper East Side.

Sounds like Bed Stuy, LIC, or Williamsburgh a few years ago.

Joe Moretti said...

Anonymous said...

Who the hell would live in East New York, probably the worst community in all of NYC. It makes Jamaica look like the Upper East Side.

Sounds like Bed Stuy, LIC, or Williamsburgh a few years ago.

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No, wrong on every level. Bed Stuy, while not great, was nowhere near what East New York is. LIC, again not even close to East New York. That area has for the most part always been a safe area and an area of working class people. Williamsburgh, again was not anywhere on the level of East New York. None of the areas you mentioned ever had such a high poverty rate, high percentage of people on welfare/food stamps or the crime level that East New York has. Add to the fact that East New York is not anywhere in a desirable area or has great transportation and East New York will probably stay that way for a lot longer.

I think this administration is just grasping at straws right now. it would make much more sens to develop Jamaica than it would East New York.

Cav said...

Not much public transportation in E.N.Y., eh?

South of Linden Blvd- Spring Creek, Starret City, true there isn't much in the way of public transportation outside some bus lines.

But from Livonia on up there's the 3 train on Livonia, the A/C along Pitkin & Liberty and the J/Z along Fulton & Jamaica. Oh, and the L on down along Van Sinderen. Then let's not forget Broadway Junction and the LIRR stop nearby on Atlantic.

4 subway lines crossing through the heart of E.N.Y.
The A runs express about 20-30 minutes from B'way Junction to downtown Brooklyn and Manhattan.

It's just the right place to send in the hipster gentrification shock troops. The question I have is where will the present inhabitants move to as they won't simply vanish?

O/T, Brownsville is if anything worse than E.N.Y. and prior to 2005, Bed-Stuy was as bad as either one. I know this because I spent the last 10 years working in those areas.

Don Cavaioli

JQ said...

are hipsters that misinformed that they would move into a neighborhood that's still a high crime area with lots of gang activity because some prick building owner or landlord renovated an apartment?Or if some artis-anal cafe opened up on broadway and alabama ave.?

in the case of bushwick and bedstuy,yes.And crime is still up in those towns.all this hot neighborhood shit is bogus media hype enabling realtors,which makes me wonder if they have an influence on our local news stations like the whitehouse and the pentagon has control of 24 hour cable news.

and what happened to the flash video on this post?usually the other pix videos remain available for months?

it also interesting that brownsville is the only part of brooklyn that has not been in the sights of these vulture gentrifiers.

ENYBklyn718 said...

"Not much public transportation in E.N.Y., eh?", Thank you, I don't understand why people keep saying there's no transportation in ENY, I've seen it on other sites as well. All you have to do is search East New York in Google maps and it'll show you all the train lines and Buses. I took the A from Euclid ave. to Jay St. for years it only took me 15-20 minutes door to door, I can reach all the other "Hipster" neighborhoods in no time since Bway Junction has 4 train lines to choose from. To get to Central and North queens was easy to since it's a quick train ride on the J to Jamaica which connects to the E and F. Even for drivers it's easy, you have the Belt, the Jackie, The Conduit and Atlantic ave.

ENYBklyn718 said...

"are hipsters that misinformed that they would move into a neighborhood that's still a high crime area with lots of gang activity"

It only seems like high crime in comparison to the now low crime gentrified neighborhoods, this isn't ENY in the 90's nor is this NYC in the 90's when we had real crime. If you're an average Joe who doesn't hangout on street corners with gangs/Drug dealers the odds of something happening to you in ENY are slim.

You have hipsters living right next to the PJ's in other neighborhoods but how often do they come up shot on a street corner. I see more Vacant/Derelict Houses and garbage filled lots in Jamaica than ENY, we have better transportation to Manhattan and Downtown Brooklyn. Brownsville isn't in their sites because Brownsville has too many Projects close together and Have very little of the historic houses gentrifiers look for. The Cypress Hills section of ENY alone has great housing stock and the bordering neighbors are Bed-Stuy and Bushwick, seems like a no-brainer for hipster types who can't afford the already gentrified parts. Add in Highland Park/Ridgewood Reservoir and the newly expanded Gateway mall on the Belt Parkway side which also has the Gateway National Park/Jamaica Bay wetlands, All the new affordable townhomes and apartment buildings around Flatlands ave. and you can see the huge potential in ENY.

JQ said...

You have hipsters living right next to the PJ's in other neighborhoods but how often do they come up shot on a street corner


give it time rebnybklyn718

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