The Annadale neighborhood of Staten Island has seen a population spike and a 20 percent increase in year-over-year listing prices, the Wall Street Journal reported.
Low crime, good schools and convenient transit connections to both other parts of the borough and Midtown Manhattan have contributed to the area’s development boom. The transformation of the nearby Fresh Kills landfill has also bolstered interest. The population of Community District 3, which includes Annadale, grew 26% between 1990 and 2010, to 160,209, according to the community district’s figures, seen by the Journal. [more]