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NYC Real Estate Has Gotten So Hot That Stockbrokers, Hipsters, And Yuppies Are Invading The Far Reaches Of Brooklyn

Jun 18, 2014, 21:37 IST

Melia Robinson/Business InsiderSose Aroyan and Karina Aroyan walk Bay Ridge's restaurant row on Third Avenue.

For years, young professionals and families turned up their noses at Bay Ridge, a working-class area of southwestern Brooklyn, because of how far it is from Manhattan.

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But as real estate prices in trendier Brooklyn neighborhoods continue to climb, more and more city slickers are taking a second glance at the "original Gold Coast," as locals call the area. With its phenomenal public schools, copious outdoor spaces, restaurant row, and affordable housing, Bay Ridge has a lot to offer.

The influx of young people has also changed Bay Ridge. Trendy, pricey restaurants have popped up on the main drag, a new crowd stays out later, and rents have significantly increased. Suddenly, Bay Ridge's lifelong residents fear being priced out of their homes.

The last shred of Old Brooklyn - the grimy, comfortable, working-class borough where a cup of coffee cost a buck - is giving way to "Girls"-era, hipster New Brooklyn. Let's see what all the fuss is about.

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