I believe NW Crown Heights is now too expensive for most graduate students.
In my mind, graduate students tend to share rooms and have a maximum of $900 a month to spend on rent. For several years (2003 - 2015), NW Crown Heights was very attractive to them. For better or worse, even the most fortunate segment of this population is now being priced out.
Rooms now routinely cost more than this, and the primary lease holders seem to be having a hard time finding matches that can afford their share.
http://newyork.craigslist.org/search/roo?query=crown%20heights&sort=rel
...hence, we are rapidly moving to an environment in which the neighborhood is increasingly occupied by mostly two income earning couples, or high earning singles.
Map for illustrative purposes:
Comments
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I agree. And over the next five years we will start to see more of the twelve and under population in the neighborhood. Look out for stroller parking replacing bike parking in the streets, lots of little people at the early diner hours at restaurants and a resurgence of the babies in bars discussions. Yet another reason why gentrification sucks.
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At present, our plethora of coffee shops seem to make ends meet by serving 25 year old graduate students on MacBooks.
Unless the neighborhood replaces the graduate students with an AirBnB crowd, it seems a few of the coffee shops might leave with them.
...which means I won't get to eat a sandwich while watching them try to flirt with one another.
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Hey, there's a lot of MBAs who can't afford to live in Scarsdale so they live in less expensive areas like Riverdale. That's the way it is.
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I feel their pain.
...I see their Columbia sweatshirts.
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The neighborhood used to be geared towards people intent on getting sex, soon it will be geared towards the results of people having sex.
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As a DINK, it will be one of my first times being part of marginalized group.
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Was NWCH once known as a place where grad students flocked for housing? If so what market forces pushed them there?
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Like most migrations, it was a combination of pushes and pulls.
http://www.jaha.org/edu/discovery_center/push-pull/peopling_pa01.html
Craft beer and a rumor of good looking people were among the pulls.
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Bunch of college students living on the block of my office. Neither the guys nor the gals are particularly good looking and many of them smoke. Another reason you shouldn't believe rumors.
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I will miss some of them more than others.
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As someone who moved here just after finishing grad school at NYU in 2003, it was a couple things. First, my office was in the area (on the grounds of Kingsboro Psychiatric Center), and in conducting some research (while commuting from Elmhurst for several months) any further west doubled the rent and any further east doubled the frequency of gunshots. Also, given the fact that Franklin's the last stop before the subway lines split and that my office would be moving from the Kingsboro grounds to the corner of Eastern Parkway and Utica it was equally convenient to get to either site. Finally, it seemed impossible that an area so close to a major subway stop, as well as the Brooklyn Museum, Botanic Garden, Prospect Park, etc. would stay sketchy forever. The irony is that were my building not eventually repossessed and ushered into the 3rd Party Transfer Program, which led to my building becoming rent stabilized, I doubt I'd be able to live here much longer either--and I say that as one of the aforementioned two income households. Fortunately, I do, and am now reaping the dividends of living in an increasingly nice neighborhood, something I long envisioned, but definitely struggled through some tough times in the interim. Like anything else, there are upsides and downsides to the change, but considering how sketchy and dangerous things were before I'm willing to take some of the present downsides for the sake of feeling a bit more safe.slam_harris said:Was NWCH once known as a place where grad students flocked for housing? If so what market forces pushed them there? -
Just Rumors, as I have no trouble renting to a waiting NYU grad students on scholarships. They've occupied my 4 BR for 6 years almost like a dorm and are great tenants. Now I think you might be right about undergraduates.
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These folks have already graduated and pay $1200.
http://newyork.craigslist.org/brk/roo/5538181956.html
"Hi, I'm looking to replace two roommates in a 3-bedroom apartment on Franklin Ave in Crown Hts (about equidistant from the C and 2/3/4/5 stops). I'm a 26 year old guy who works from home for a web publication most days. My roommates are moving out on May 1st and I'm hoping to find someone to take over. I'm open to any roommates, as long as you pay your portion of the rent and bills on time, pitch in toward hiring a monthly cleaner, are okay with guests and friends coming over occasionally. On weekends, I enjoy hanging out in the living room or on the terrace and watching tv and sports.
The apartment has a spacious living room (by new york standards) and large outdoor patio with grill, speakers, tree, and projection screen. It also have 1.5 bathrooms, a fully equipped and functional kitchen with a portable dishwasher and double door fridge. No pets unless they live in a tank, sorry.
One room would be the largest in the apartment and street face (though still quiet). It gets plenty of light and could fit a king bed. The other is rear facing, and leads to the outdoor patio.
Let me know if you're interested! " -
from $600=$1200 depending on room size. 4 rooms , four sizes. I know, i might be underpriced but the tenants are terrific
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