A funny video from a Tim Eberle, a Brooklyn based writer and comedian continues the longstanding tradition of great Brooklyn hip-hop, titled Brownstone Crooklyn. Of course Brooklyn Heights and Dumbo, two of the more gentrified neighborhoods are featured in the video.
Gothamist reports that Shake Shack’s newest and second Brooklyn location, called DUMBO Shack, on 1 Old Fulton Street opens today. The first Brooklyn location, Downtown Brooklyn location opened in December 2011. Shake Shack’s blog notes that a special location-specific concrete honoring Jane’s Carousel is featured. The Caramel Carousel concrete features vanilla frozen custard, shattered sugar cone, sea salt, caramel sauce and banana. Another new concrete is the Brooklyn Pie Oh My which features vanilla frozen custard blended with a slice of fresh-made pie from Brooklyn’s own Four & Twenty Blackbirds. Pie flavors will change seasonally—kicking things off is Strawberry Balsamic.
For the wine connoisseurs out there, this is the first location to serve Shake Shack’s signature Frog’s LeapShack Red and Shack White on tap.
Shake Shack continues its commitment to green architecture and eco-friendly construction. The interior tabletops were handcrafted by local Dumbo-based furniture maker Mark Jupiter, who designs and builds furniture from reclaimed materials. The tables at the DUMBO Shack are made from locally-salvaged factory beams including Heart Pine found in an old coffee warehouse, shaving soap factory, and automotive garage.
Shake Shack Dumbo (1 Old Fulton Street, Brooklyn NY (corner of Water Street across Brooklyn Bridge Park)) is open seven days a week. shakeshack.com
MNS, the Brooklyn real estate firm published their May 2014 Brooklyn Rental Market Report yesterday (along with their Manhattan Rental Market Report). The report reveals that in Brookln, average rents in Brooklyn increased 1.99% in April, from $2,664 to $2,717 in May. Andrew Barrocas, CEO of MNS, believes that we can expect to see rental prices in Brooklyn continue to rise, thanks in part to high demand from Manhattanites seeking lower rents and an influx of new developments in the borough.
Average rents in Brooklyn jumped up 8.53% from this time last year from $2,503 to $2,717:
Avg. Studios: $2,164 (Greatest change since April: +17.7-percent/$264 in Crown Heights)
Avg. One-bedrooms: $2,624 (Greatest change since April: +10.7-percent/$192 in Crown Heights)
Avg. Two-bedrooms: $3,362 (Greatest change since April: +11.7-percent/$241 in Prospect Lefferts Gardens)
Some other highlights of the report include the following:
Bed Stuy rents have increased by 19.6-percent since May 2013, thanks in large part to new development and conversion buildings hitting the market.
Pricing for studios increased 40.26-percent in Bedford-Stuyvesant, 29.78-percent in Boerum Hill, and 30.35-percent in Crown Heights since the previous year.
Since areas like Williamsburg, DUMBO, and Downtown Brooklyn have high concentrations of high end new development units, urban renewal efforts will expand further and further out to areas like Boerum Hill and Bedford-Stuyvesant.
Crown Heights saw the highest increase in pricing this month relative to the rest of Brooklyn as pricing for each unit type increased. (An influx of high priced units from 836 Bergen Street accounted for a large percentage of this increase)
Pricing for Cobble Hill One Bedroom units increased 10.19-percent from $2,769 to $3,051.
In Dumbo, rents for Studio units rose an average of 13.68-percent from $2,580 to $2,933, reflecting a normalization from last month’s drop in pricing.
Rents for One-Bedrooms in Dumbo increased 11% since this time last year, from $3,543 to $3,934.
In Dumbo for May 2014, studios were $2,933 (vs $2,580 in Apr 2014), one bedrooms $3,832 (vs $4,160 in Apr 2014), and two bedrooms $5,321 (vs $5,239 in Apr 2014). Here are the Dumbo price trends over 13 months for studios, one bedrooms, and two bedrooms:
A little about DumboNYC website:
DumboNYC.com is run by a resident (not affiliated with real estate, the Dumbo BID or art galleries) who created the site to inform community of the changes happening in the neighborhood. The site also focuses on entrepreneurs in the area who are running successful businesses. The site currently receives 40,000+ unique visitors per month and 80,000+ page views per month. The site has a specific target audience of people who live, work, or interested in Dumbo, Brooklyn Heights, Fulton Ferry Landing, Vinegar Hill, and Bridge Plaza neighborhoods of Brooklyn.
A new temporary art project, called John Street Pasture will open in Dumbo on John Street (at the location of the 1 John Street condo project) will open on Saturday, June 7, 2014 from 12-6pm. The pasture will be open from 12-6pm, Wednesday to Sunday through mid-summer.
“The lot at 1 John Street has been vacant for as long as Andrea Reynosa can remember. Having looked out upon the empty space’s crumbling asphalt and weedy patches from her DUMBO loft for decades, the artist/farmer is helping bring life to the space. In collaboration with the site’s developer, Alloy, the urban farmers at Brooklyn Grange, Smack Mellon and Brooklyn Bridge Park, Reynosa is activating the space through a temporary art installation that brings together soil and plants to explore and celebrate land use, sustainable agriculture and a City in transition.”
John Street Pasture is a temporary living earthwork that celebrates green space, agriculture, and the transitional nature of urban land. This cover crop of crimson clover will bloom into a lush field of reds and greens all while creating a nutrient rich resource of nitrogenized soil for the now under-construction John Street section of Brooklyn Bridge Park.
John Street Pasture can be accessed by subway, bicycle, or car. Take the A/C to High Street, the 2/3 to Clark Street or the F to York Street and the Pasture is at the northernmost edge of Brooklyn Bridge Park, at the corner of John Street and Pearl Street along the water. Limited street parking and private parking lots are also available in the vicinity.