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October 25, 2011
In Brooklyn, a Quaint Block and a Symbol of Blight
The New York Times
by Diane Cardwell
Warren Street between Bond and Nevins offers many of the things well-off buyers seek in Brownstone Brooklyn: a pastoral, leafy feel; long rows of 19th-century town houses; proximity to transportation and charming little restaurants; young families on the block.
But the block also has something that those buyers have traditionally seemed to avoid: two large public housing projects that stand tall at either end, to many New Yorkers enduring symbols of danger, social dysfunction and blight.
How is it, then, that prices on the block are relatively high?
Joan Joseph-Alexander, who is marketing the town house through her company Ambassador Realty, said she arrived at the price after looking at sales in the ZIP code and factoring in the appeal of living within walking distance of the Barclays Center, the arena under construction at Atlantic Yards, but shielded from the traffic and noise it is expected to bring.
Posted by eric at October 25, 2011 11:50 AM