Brooklyn Update: Millionaires Row in Brooklyn
Thursday,February 9, 2012 10:54 am
The Daily News recently wrote that “Brooklyn was always considered a poor step child to Manhattan, but now its really coming into its own.” That’s because many Wall Street executives have found a new home in Brooklyn Heights. Many of these millionaires have been purchasing brownstones at a cost of $10-$20 million. The appeal? Close enough to New York City, and very low key neighborhoods. In addition, Columbia Heights, the “city’s off-the-radar Millionaires Row,” boasts phenomenal views. It remains to be seen whether the exodus will continue to other parts of Brooklyn.
