Bed Stuy on the Rise

Deep Pockets Are Finding Homes in this Historic Area Few neighborhoods have seen property values climb as quickly as they have in Bedford Stuyvesant, the brownstone Brooklyn neighborhood bordered by Prospect Heights, Williamsburg, Clinton Hill and Bushwick. Let’s take a closer look: 53 Hancock Street, a 2,916…

Red Hook on the Rise

O’Connell Organization Looks to Establish Legacy in Brooklyn Over the past 45 years, the O’Connell Organization–started by former NYPD detective Greg O’Connell Sr., and now including his sons, Greg Jr. and Michael who has rehabilitated dozens of residential and commercial properties in the Red Hook,…

Tale of the Tape: Brooklyn vs. Manhattan (Condos vs. Rentals)

The How: We compared the rental prices and sale prices in eight neighborhoods. The Topline:  When it comes to Manhattan and Brooklyn rental prices, in the A-List neighborhood’s high-end buildings, there’s not a dramatic difference in price. However, when we look at condos in these…

Landlord Corner

As the Brooklyn market undergoes dramatic changes, it’s increasingly important for us to regularly ask: are we doing enough to maximize the return on our real estate investments? Any number of obstacles can get in the way; fortunately, we think about these things a lot…