YIMBY’s Predictions for 2015

"Upper Manhattan, western Brooklyn and Queens, and increasingly central Brooklyn neighborhoods like Crown Heights and Bed-Stuy will become ever more rewarding for condo builders and tough for those seeking to erect more modest rental buildings."

"In 2015, we will start to see more omens of convergence around Broadway Junction between the two kernels of gentrification that started in Williamsburg and around downtown Brooklyn. We’ve already seen faint signs – in just the past few days we’ve seen filings for new market-rate buildings near the Bushwick Avenue-Aberdeen Street stop on the L, just one away from Broadway Junction, and past Utica Avenue in Crown Heights, near the border with Brownsville. But in 2015, it will become obvious that the entirety of Bed-Stuy, Crown Heights, and Bushwick are candidates for gentrification, with the far eastern reaches becoming established territory for rental builders."

Full story here - http://newyorkyimby.com/2014/12/yimbys-predictions-for-2015-in-new-york-city-real-estate.html