For the purposes of this residential market study, I have chosen the Clinton hill/ fort greene neighborhood in brookyln. This is an area of 1.08 square miles which borders Flushing avenue on the north, Atlantic avenue on the south and runs all the way from navy street and Ashland place in the east to Classon avenue in the west. Clinton Hill and Fort Greene are predominantly two separate neighborhoods which are located adjacent to each other, the neighborhoods are extremely simpler in character and are made up of similar demographics. The NYC planning commission considers them as one when they are administering rezoning polices in the area. In regard to this analysis, these two neighborhoods are considered as one as well.
These neighborhoods are a little different from the rest of Brooklyn in a way that they are truly a residential community. Despite the current economic climate, they continue to welcome new construction adding to their already growing list of new residents. Clinton Hill/Fort Greene have seen a tremendous change over the past decade nevertheless it still retains its character and neighborhood feel. Fulton Street runs through the heart of these two …show more content…
Despite the current economic climate, they continue to welcome new construction adding to their already growing list of new residents. Clinton Hill/Fort Greene have seen a tremendous change over the past decade nevertheless it still retains its character and neighborhood feel. Fulton Street runs through the heart of these two neighborhoods, providing over 300 businesses for the residents. Restaurants, shops, services are all conveniently available, just a brief stroll away. The neighborhoods also have access to the oldest park in the borough which is the Fort Greene Park occupying an area of 30 Arce’s. The park allows for a space of serene retreat to its