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Real Estate Showcase - New Developments

“Whether you're just curious about real estate or actively looking, check out the Real Estate Showcase, where we feature some of the hottest properties on the market that you need to know about. From the tri-state area and beyond, we do the legwork to present the short list of the best of what’s out there. Click here to find out what we’re spotlighting in this week’s showcase.”

 
 


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neighborhood profile
Fort Greene/Clinton Hill
 
A center of culture at BAM
Known for: In landmark Fort Greene, you'll find graceful houses with lots of period detail along Cumberland, South Portland, and South Oxford Streets—and a lot of strollers: "Fort Greene Park has been completely redone," says resident Sandra Shepard. "You'll find a lot of stay-at-home moms. It's a not-so-rushed lifestyle out here." For those looking to go out, Fulton Street and Dekalb Avenue provide ample restaurant and nightlife options.

Boundaries: Stretches from Park to Atlantic Avenues, between Flatbush and Franklin Avenues. Vanderbilt Avenue divides Fort Greene to the west and Clinton Hill to the east.

Borders: Brooklyn Heights, Boerum Hill, and Bedford-Stuyvesant

Subway stops: The G train to Fulton Street, Clinton-Washington Avenue, or Classon Avenue, or the C train to Lafayette or Clinton-Washington Avenues.

 

 OUTLOOK

The basics: In landmark Fort Greene, you'll find graceful houses with lots of period detail along Cumberland, South Portland, and South Oxford Streets—and a lot of strollers: "Fort Greene Park has been completely redone," says resident Sandra Shepard. "You'll find a lot of stay-at-home moms. It's a not-so-rushed lifestyle out here."

What's new: An old shoe factory on Taaffe Place houses large, beautifully renovated loft spaces right off the Pratt Institute campus. The Graham Home for Old Ladies in the 150-year-old building on Washington Avenue has been converted into 25 two- and three-bedroom condos. The Chocolate Factory on Myrtle Avenue in Clinton Hill has become high-end lofts. The Atlantic Terminal, a vast retail and business center, is set to be finished in summer 2004.

Bargain hunting: Anything between Myrtle and Park Avenues is cheaper than anything between Willoughby and Gates Avenues, the prime blocks. Reasonably priced one- and two-bedroom rentals can be found near Myrtle Avenue around the BQE.

Prediction: The neighborhood was late to the nineties price boom, but it caught up quickly. Now that it's been discovered, expect buyers to keep coming. Townhouses with rental income are at a premium, selling to Manhattanites who want gracious homes that they can't quite afford on their own.

— Profile from the March 10, 2003 cover story of New York Magazine

 
 
 
APARTMENT PRICES
TO BUY
2001
2003
Studio/1BR $95K-$225K $150K-$350K
2BR $155K-$350K $350K-$500K
Family Apt. $250K-$500K $650K-$850K
Townhouse $500K-$1M $850K-$1.3M
     
TO RENT
2001
2003
Studio/1BR $1,100-$1,600 $1,000-$1,700
2BR $1,200- $2,000 $1,700-$1,900
Family Apt. $2,400-$3,400 $2,000-$2,800
NEIGHBORHOOD BROKERS
FortGreene NOW: Local Realtors
Christmas Realty
Brooklyn Realty
Brooklyn Properties


BEST CITYWIDE BROKERS
Brown Harris Stevens
Douglas Elliman
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How good are the schools? How many violent crimes have taken place lately? How many pothole complaints have been filed? The city of New York has put the data online. Pour over stats and pit one neighborhood against another. Just fill out your address in the "My Neighborhood" box and select the topic of interest — schools, transportation, public safety, and more.
NYC.gov
 RELATED FEATURES
Top 5 New Brooklyn Bars (March 10, 2003)
Best of New York: Brooklyn (March 25, 2002)
Real Estate 2001: Fort Greene (March 12, 2001)

THE SCENE
Dining
Chez Oskar: A welcome change from the overexposed haunts of nearby Smith Street.
211 DeKalb Ave., at Adelphi St.; 718-852-6250

Keur N 'Deye: Mafe? Yassa? It’s all here at this popular Senegalese eatery.
737 Fulton St., near S. Elliot St.; 718-875-4937

Locanda Vini & Olii : A beautifully restored 130-year-old pharmacy is the charming backdrop for this terrific Tuscan restaurant.
129 Gates Ave., at Cambridge Pl.; 718-622-9202 or locandavinieolii.com

Sol: Fort Greene goes upscale with this elegant dinner-date destination.
229 DeKalb Ave., at Clermont Ave.; 718-222-1510

More Fort Greene Restaurants
More Clinton Hill Restaurants

Drinking
BAMcafé: DJs, live music, and spoken word round out the weekend roster.
30 Lafayette Ave., between Ashland Pl. and St. Felix St.; 718-636-4100 or bam.org

Frank's Lounge: Commune with fellow imbibers at this cozy corner dive that feels like Cleveland, circa 1976.
660 Fulton St., at South Eliot St.; 718-625-9339

Moe's: Moe’s has emerged as the quintessential Fort Greene bar.
80 Lafayette St., at S. Portland St.; 718-797-9536

More Fort Greene Bars and Nightclubs
More Clinton Hill Bars and Nightclubs


RECOMMENDED SITES
•  Precinct 19 Weekly Crime Stats (Upper East Side, Yorkville, Lenox Hill, and Roosevelt Island): 153 E. 67th St., 212-452-0600

Hello Brooklyn -An extensive resource guide for Brooklynites with everything from nightclub listings to transit info to lost pet announcements.

Go Brooklyn: A weekly guide to entertainment.

Brooklyn Yes - A extensive guide to Brooklyn websites

GoCityKids / Brooklyn - A parent's guide to restaurants, shops, services, and entertainment with kids.

FortGreene NOW

• Fort Greene Park Conservancy

Brooklyn Academy of Music (BAM)