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OCTOBER 6, 2006

KENSINGTON: DOWNHILL FROM THE SLOPE, INTEREST CLIMBING SHARPLY

- The Real Deal


Brooklyn area starts to thrive as bargain home hunters swell its population

This summer, Jill Schwartzman decided to move out of her shared Williamsburg apartment and find a place of her own. She initially searched in Windsor Terrace, the neighborhood bordering Park Slope, but found it too expensive. Her broker suggested Kensington, immediately to the south.

"At first I thought it was too far away, but I ended up really liking it," said Schwartzman, 31, an editor at Random House. "Most importantly, there was no fee."

Relative affordability varied housing stock and a burgeoning artistic community makes once-overlooked Kensington the Brooklyn neighborhood of the moment.

 

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2006-October