In an article dated March 31, 2008, Claire Levenson discusses the impact of the recession on real estate and housing in Bushwick: “Bushwick hasn’t lived up to the hype of recent years as Brooklyn’s next up-and-coming neighborhood for young buyers priced out of Williamsburg, and now it has fallen prey to the downturn affecting many fringe neighborhoods. The area has a fair share of public housing projects, with few restaurants and shops. Amenities associated with gentrification have been slow to materialize, and many old buildings have not been restored. Sales have slowed, and at least one appraiser sees development slowing this year as well.”
Click here to read the full article.

The New York Observer also has an article about the Knickerbocker Condos.

Visit these blogs and websites to learn more about gentrification, condos and the real estate scene in Bushwick!

Green Buildings NYC
Bushwick Condos
The Wick2009_1_knickerbocker
Brownstoner: New Bushwick Condo Braves the Bull Market
BushwickBK: 2007 Bushwick Real Estate Round-Up
City-Data: Forum on Condos in Brooklyn|Bushwick
Trulia: Bushwick Real Estate and Housing
Bushwick Duplex Condos
Street Easy