Truly is amazing, as a kid the last place you wanted to live or tell people you were from is Bklyn and now every asswipe from Ohio and wanna be trust fund New Yorker has moved there.

Jersey City ain't much different these dayz....

By MICHELLE HIGGINS

Five years ago, Eric Kabakoff and Christina Lewandowski bought a one-bedroom in a new condominium in Gowanus, Brooklyn, with the idea of moving to a two-bedroom in the same building after a while. But two years ago, when they were outbid on two apartments there, the couple realized their $750,000 budget was not going to be enough.

Widening their search, the couple were pleasantly surprised to find prices within their reach in an area of New York they had not initially considered: Manhattan.

Last spring they purchased a two-bedroom co-op a block from Central Park in Carnegie Hill on the Upper East Side. ?It took a while for us to decide to leave,? said Mr. Kabakoff, a marketing director and author. ?It?s just we got priced out of Brooklyn and, ironically, into Manhattan.?

Brooklyn real estate prices have become so high that parts of Manhattan are starting to look like bargains.

Apartments in some parts of Manhattan, including the Gramercy area, can often be had for less than in certain neighborhoods in Brooklyn.Five Manhattan Alternatives to Pricey Brooklyn NeighborhoodsMAY 8, 2015
3 Pierrepont Place, Brooklyn HeightsBrooklyn?s Most Expensive ListingsMAY 8, 2015

The median sales price in Brooklyn hit a record $610,894 in the first quarter of this year, marking the first time the median crossed the $600,000 threshold in the borough, according to a report prepared by the appraiser Jonathan J. Miller for the brokerage firm Douglas Elliman. That is still less expensive overall than Manhattan, where the median sales price was $970,000 for the same period, but apartments in certain Manhattan neighborhoods can be had for less.

Story