Bedford-Stuyvesant townhouses selling fast

Gentrification contines to ooze east across Brooklyn. A recent study of Brooklyn townhouse sales cited Bedford-Stuyvesant as an emerging staging ground for gentrification. In the first six months of 2005, the neighborhood saw a 48 percent increase in the volume of townhouse sales over the same period in 2004. The average price for those sales increased by 35 percent to more than $495,000. more [Sun]