Sunday's NYT Real Estate Section includes an article on Flatbush, Brooklyn's "catch-all" neighborhood. Says Lenny Linksker, a real estate investor, "If it's not definitely a different part of Brooklyn, it's Flatbush."
That's a tad broad, Lenny. But we digress.
What's interesting about the article is that the sentiments of newer Flatbush residents mirrors that of those of us who were new to PLG three to four years ago:
In 2002, the couple bought a one-bedroom co-op on Glenwood Road with an eat-in kitchen and spacious foyer for a price that Ms. Simkins, a 39-year-old art director, would not reveal, except to say “nobody could or would believe” it.
If Flatbush real estate trends like PLG, new co-op owners will see their investment double in value in just a few years. Real estate agents quoted in the article also claim that a single family home can be had to $450K... sounds mythical to us, like a real estate unicorn.