Ideal Properties Group's Market Report: Second Quarter 2016

IPG's 2016 second quarter market report ( http://tinyurl.com/h5p7b2g) revealed that Brownstones and North Brooklyn's residential real estate prices continue to outperform 2015 numbers, a landmark year for Brooklyn. The esidential properties retained buyer focus in the second quarter 2016. Median prices continued their upward movement, reaching $1,136,000 (up 8.7 percent from prior quarter), or 1,108 per square foot (up 8.6 percent quarter-over-quarter). Meanwhile, townhouses continue to be the strongest performing asset class and with demand surpassing supply, we predict more record-breaking sales in the coming months. 

August 03, 2016
There are roughly 113,000 residents in Bushwick these days. But that fact hardly tells the story of how the Brooklyn neighborhood transcended from one of the roughest to one the city’s most sought-after.Chris Wilson, a new Bushwick resident,...
August 17, 2016
The city’s newest police commissioner credited his Brooklyn roots as the major reason why he’s at his newest post. “(I learned how) to talk to every type of person imaginable,” James O’Neill said about growing up in...
August 11, 2016
As the resurgence of vinyl continues in NYC, there’s one new record shop taking it to another level.Record City, located at 65 Fenimore Street in Prospect-Lefferts Gardens, will be focusing on new and vintage reggae. Owner Ian Clark told...
August 20, 2016
Food is becoming a lifestyle in Brooklyn. And those foodie freaks are taking their life to another level. One long-time member of the Park Slope Food Co-op has written a new musical-mystery that is set in the produce section of a local organic...
July 30, 2016
The construction of the Hip Hop Hall of Fame in Harlem took sometime to raise money for its erection. Now, the same HOF founders are hoping to raise money to bring the museum it's first major installation.The museum curators, along with Down Lo...
July 20, 2016

One of the borough’s most cherished cultural icons is celebrating his 75 birthday, and the world...