Reactions to story from Curbed : The New York City Neighborhoods and Real Estate Blog
It Happened One Weekend: Ft. Greene Finds Sanctuary, Ridgewood Finds Yuppies, Auction Finds Few Takers
http://curbed.com/ archives/ 2008/ 05/ 12/ it_happened_one_weekend_ft_greene_finds_sa...
1) The trend of Heal Estate—the conversion of churches and synagogues into residential and commercial developments—has claimed two dozen houses of worship in Manhattan and Brooklyn since the '80s, according to this report. The latest is the Sanctuary in Fort Greene (above), which, it turns out, is not a hoax. Here's the enlightened website. [Posting/C.J. Hughes] 2) In this real estate market of ours, where glorified storage lockers sell for $800,000, one of the few places to find a deal is on the top floor of a walk-up: "While the average price last year for a first-floor unit in a walk-up was $680,940, the average price for one on the fifth floor was only $515,723, a discount of around 24 percent." If there's no outdoor space, the price is even lower.
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