DUMBO: The Most Expensive Neighborhood in Brooklyn.
According to the Real Estate Board of New York’s (REBNY) 2nd quarter statistics, DUMBO, which is an acronym for Down Under The Manhattan Bridge Underpass, is now the most expensive neighborhood in Brooklyn. At a whopping $917 dollars a square foot, it is no longer the little haven of the artistic type it was just 10 years ago. The long standing most expensive neighborhood, Brooklyn Heights, came in at $834 a square foot, and Park Slope rounded out the top three at $801 at square foot.
If you’ve got the income and are looking for a modern condo that has all the amenities like fitness centers, concierge service, hair salons and the like, with spectatcular Manhattan views to boot, then DUMBO is the place for your.
