While New York City’s home prices seem to be going in a uniform direction — up, up and up — not all neighborhoods have seen the same kind of appreciation.
Manhattan and Brooklyn, unsurprisingly, have seen prices fly sky high since 2008, when the market tanked. Some of the priciest nabes, according to a new interactive map from Chris Walker, spotted by Gothamist, include Greenpoint, Chelsea, Southern Brooklyn as a whole, parts of Harlem and the Garment District. Even in the Bronx, the cost of housing is on the rise.
But all over Queens and in eastern Brooklyn, there is a different story. Ridgewood stood out as a particularly affordable spot, though the Williamsburg-ization of the nabe is likely to take hold of rental rates soon enough. [Gothamist] — Julie Strickland