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People with lots of money decide, inexplicably, to buy a house in Gravesend

According to various news sources (including Curbed and  New York Magazine), Brooklyn’s biggest real estate sale of the year was in Gravesend. An 8,200 square foot house known as “Gravesend House” was recently sold for $10,260,000. Yes, those are millions.

This came as a complete shock to me personally, because I live in a very different kind of Gravesend: a Gravesend of 99 cent stores, constantly closing businesses, children asking strangers on the street for money for school supplies, and a tenacious stray cat population. This cloistered part of the neighborhood, where people buy houses worth six figures, feels like it exists in another world.

Unless DUMBO’s Clock Tower Penthouse gets sold (for $25 million), it appears the sale of Gravesend House will remain Brooklyn’s biggest sale of 2009. To provide some contrast to the above picture of Gravesend House (not taken by me), here is a picture (taken by me) of one of the most recent soon-to-be-closing businesses in the area :

discountstore

1 Comment on “People with lots of money decide, inexplicably, to buy a house in Gravesend”

  1. #1 thobehauh
    on Nov 4th, 2009 at 3:36 pm

    Recently, there has been a good deal of inquiries by the
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    for not revealing their advertising revenue, or potential
    connections with ad networks.

    What are your ideas concerning how this could potentially impact
    the blogging world?

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