Negotiating a Cab Ride to Brooklyn
Any way you slice it, Brooklyn is not Manhattan. G. and I loved living in Brooklyn, hanging out on Smith Street, shopping Atlantic Avenue. When we moved to Brooklyn in 1999, the apartment prices in the borough were lower than Manhattan. Significantly. It wasn't a fire sale by any means; the prices still would shock the middle of swath of America.
But Brooklyn became aware of its coolness, got a little heady and priced itself accordingly. But Brooklyn is still not Manhattan and I can't figure out how some neighborhoods are commanding higher prices than Manhattan.
To get home from a party, it still takes a slow taxi ride over the bridge or a long subway ride that makes you feel like Cinderella after her gown has turned to rags.
This New York Post article spells out some details.
Labels: New York Real Estate



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