nrv lowdown | NYC neighborhoods + real estate
NYC/Brooklyn
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Brooklyn

Ahh, Brooklyn. No longer in the shadow of big brother Manhattan, the most populous borough of NYC has emerged in recent history as a force to be reckoned with. As real estate prices in NYC surged within the last decade, aggressive rezoning and new development have catapulted the borough to new heights on the real estate radar.

The rise of neighborhoods like Brooklyn Heights, DUMBO, Park Slope and Williamsburg (to name a few), have diversified the borough's socioeconomic demographics by triggering the interest of migrating Manhattanites and consequently, developers. Many of Brooklyn's distinct neighborhoods are experiencing historic transition with the new construction, transforming this once economically depressed borough into hot parcels of real estate. Serving Brooklyn's commercial needs is the third largest commercial district in NYC, Downtown Brooklyn.

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