Is Manhattan the New Brooklyn?

Priced out of Brooklyn's hippest neighborhoods, young professionals who may have once fled Manhattan in search of affordable housing and "postindustrial charm" are making the reverse move in search of cheaper rents, reports Laura Kusisto.

With the average rental price of a studio apartment higher in Williamsburgh than in Greenwich Village, and trends indicating the disparity will continue, "once-dedicated Manhattanites [who] crossed the bridge to Brooklyn reluctantly" are astonishingly making "the reverse move with some trepidation."

Kusisto follows 33-year-old Pilates studio owner Kate Artibee, and her husband, Nick Smallwood, who "moved to the Upper East Side in late 2009 after she had lived in Williamsburg and then Park Slope for 13 years and was feeling priced out."

"We could afford the tiniest studio you've ever seen in Park Slope, or move to the Upper East Side and live in a brownstone," Ms. Artibee said.

"She hesitated when asked whether she considered her new neighborhood 'cool.' But she said she and her husband have grown to love the area around their apartment on 87th Street between York and East End avenues, which 'has the charm that you would want in Brooklyn that is quickly disappearing.'"

 

Full Story: Manhattan Rents Beckon Brooklynites

Comments

Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $199
Planetizen Courses image ad

Planetizen Courses

Advance your career with subscription-based online courses tailored to the urban planning professional.
Starting at $14.95 a month

Wear your city with style!

100% silk scarves feature detailed city maps. Choose from six cities with red or blue trim.
$55.00
Red necktie with map of Boston

Tie one on to celebrate your city

Choose from over 20 styles of neckties imprinted with detailed city or transit maps.
$44.95