Goodbye TriBeCa, Hello Gowanus
By Luke Constantino, Residential/Commercial Real Estate Brooklyn NY
(Brooklyn/Manhattan Real Estate)
A decade ago, Katrina and Peter Millard bought a home in TriBeCa, a neighborhood they found open and quiet. She felt they should settle in a place big enough for children. He felt up-and-coming TriBeCa was a good value. And how. The Millards bought their 1,400-square-foot duplex for $270,000. Four years later, as parents of two babies, they bought the apartment on the floor below them for $250,000, joining the spaces with a staircase."The one floor cost as much as the two floors had cost four years before," Mr. Millard said, "so we were aware we were on to something." As it happened, the events of Sept. 11, 2001, became a turning point for the family. They spent six weeks living with a relative in Cobble Hill, Brooklyn, which taught them that moving out of Manhattan was a possibility. "...
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