News & Culture in Carroll Gardens, Cobble Hill, Boerum Hill and Points Nearby
December 9, 2016
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News + Views

Dumbo 4th Most Expensive

By Lisa M. Collins

One of many lovely views from Dumbo, NYC's 4th most expensive hood
Photo by Joshua Kristal

New York City changes so fast it can be hard to keep up. Seems like only yesterday cabbies in downtown Manhattan would swear up and down there was no such thing as Dumbo, and unless you had exact driving directions, you were up a creek. Those days are gone. According to a report this week in Property Shark, Dumbo is the 4th most expensive neighborhood in New York City, ranking far above the Upper East Side, Upper West Side, West Village and Chelsea, with a median home sale price of $1.075 million.

Boerum Hill, while it struggles with more crime than the rest of “Bococa,” which we call South Brooklyn, came in 10th, with a median home sale price of $800,000. Cobble Hill and Carroll Gardens didn’t make it onto the list.

Check out the report here.

 

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Readers' Comments


anon
December 14, 2011
6:14 PM

There is no such thing as a “bococa”. Boerum Hill and Carroll Gardens want in our Cobble Hill coolness. Let’em move elsewhere because we Cobble Hillers, Cobble Hillbillys and Cobble Hill-ites ain’t being lumped in with those ruffians. Call us South Brooklyn-ites if you must, which goes to our roots, but nowadays we live in Cobble Hill. And we DON’T shop at the Bococa coffee ship. Too frou frou.