The New York Times has an article today on the Bay Ridge section of Brooklyn, NY. Interesting how gentrification is happening throughout the country. Grant Park in Atlanta also is going through this same process, old homes that have been run down are now being restored and the neighborhood is revitilized.
HARON MILADY and Mike Baker, a couple from Toronto, packed up their lives in Canada three weeks ago and moved into a limestone town house on 78th Street in Bay Ridge, Brooklyn.
Almost immediately, they found themselves being welcomed at a block party in their honor, and the gates between their backyard and the neighbors’ were opened to allow their sons Matthew, 6, and Liam, 7, to skateboard with the kids down the way. “How cool is that?” said Ms. Milady, 36.
The family is one of many that have recently discovered Bay Ridge’s gracious homes, ample shopping and harbor-front esplanade with views of the Verrazano-Narrows Bridge. Located in the southwestern corner of Brooklyn, Bay Ridge is attracting home buyers who want the comfort and peaceful nature of brownstone Brooklyn but find the prices there out of reach.
“My last 10 deals, with the exception of one, have been predominantly people from Park Slope or Manhattan,” said Diane Henning, a broker for the Corcoran Group who works in Park Slope but lives in Bay Ridge and sells homes there. “People are coming and seeing what kind of value they’re going to get in Bay Ridge.”
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