Potential Opportunities
Monthly Archives: January 2010
Unpacking Location, Location, Location
Yes, those are still the three most important words in real estate. But if they once meant proximity to a major highway or an area with a low crime rate, these days they conjure up another concept in urban planning: walkability. More and more, folks are looking for a neighborhood with amenities–restaurants, schools, shopping, services, [...]
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Posted in blog Tagged Boerum Hill, carroll gardens, cobble hill, Park Slope, schools, walkability, walkscore.com
Posted in blog Tagged Boerum Hill, carroll gardens, cobble hill, Park Slope, schools, walkability, walkscore.com
Opportunity of the Day: 72 Poplar Street
72 Poplar has many possibilities. Our aim would be to create studio, one- and two-bedroom units in this prime location in Brooklyn Heights. It has a pretty interesting history, having once served as the internal affairs department for the New York City police. Since then, it’s been fully gutted and is now vacant. We want [...]
Opportunity of the Day: 28 2nd Place
Who wouldn’t be excited about a very large (by NYC standards) three-bedroom on a prime block of Carroll Gardens, steps from the subway and Carroll Park? 28 2nd Place has plenty to boast about, although as we pointed out in an earlier post, the current owner is still a little unrealistic in his asking price. [...]
Sending Your Kid to the Best école
We know that the schools are a big draw for families looking to move to, and within, Brooklyn; homes within celebrated school districts often sell for several hundred thousand dollars more than those in architecturally equivalent neighborhoods nearby. Which is one of the truly attractive features of 28 2nd Place, which sits within the popular [...]
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Posted in blog Tagged 28 2nd place, carroll gardens, court street, french-immersion program, PS 58, schools
Posted in blog Tagged 28 2nd place, carroll gardens, court street, french-immersion program, PS 58, schools
Opportunity of the Day: 259 Pacific Street
While the outside of this perfectly located property, 259 Pacific Street, doesn’t look like much, we have very high hopes for the inside. We’re thinking of this as a two-family, and because of its condition, it’s amenable to a number of configurations and sizes (you can check out some of these potential layouts on the [...]
Want to Know How the Market Is? Ask an Architect
Long before construction data are released, the ABI–Architecture Billings Index–gives us a sense of how things are going in the building and real estate industries. It basically asks what and how much architects are working on, so we have a sense of what projects are to come. The last ABI released, in November, told a [...]
The New Forecast: Sky Is Not Falling
One of the regular economic indicators I consult is this set of New York State labor statistics. From first glance, it looks like sheer bad news. After all, the Index of Coincident Economic Indicators (ICEI) for New York State declined by 3.0% in 2009. But then I came across another graph below.
Opportunity of the Day: 183 Columbia Heights
Posted in blog | Tagged 183 Columbia Heights, opportunity of the day