Is Kensington the “Next Hot Neighborhood”
We feel like we’ve read this kind of story, which most people who aren’t in the real estate business consume with mixed emotions, before… though perhaps not in the Wall Street Journal:
The Brooklyn neighborhood of Kensington may be somewhat off the beaten path, but it is increasingly on the radar.
More families and young professionals, priced out of costlier parts of Brooklyn, are moving in, drawn by its relatively affordable prices for cooperative apartments and houses. The gentrification of the bordering neighborhoods of Ditmas Park and Windsor Terrace is gradually creeping in.