Dorchester is the next best place to live! (in 2005)
This week, New York magazine ran an article subtitled, “The Degentrification of Red Hook”.
Basically, it comes down to this. There is a neighborhood within the New York City borough of Brooklyn called Red Hook.
A couple years ago, there was a mild up-tick in interest in the neighborhood. Everyone interested in real estate
Including Barbara Corcoran, who bought in the area and then trumpeted its appeal on national TV.
Well …
Fast forward two years and what do we find?
Not much has changed.
Empty storefronts, empty lots, etc., etc., etc.
Funny how a slower real estate market does that sort of thing.
Which made me wonder …
How’s Dorchester doing?
The neighborhood of 50,000 residents (an estimate), it is full of three-decker homes, a lot of commercial and light industry, and a melting pot of residents including Hispanic, Vietnamese, etc. It used to be more Irish.
Many three-decker homes were converted into condos over the past half-decade. Things looked good. A higher-income population was moving in, which led to renovations of old housing and an increase in street-life and stores and shops.
Yet, now, things might look a little different.
I’d love to hear from people who actually live there or work there or spend a lot of time there.
Thoughts?
Where does Dorchester stand, today?
More: The Embers of Gentrification – # By Adam Sternbergh, New York magazine
