A Look at Real Estate Activity in the City's Hottest Neighborhoods New York Post Listed Nine Neighborhoods to Watch Out For in 2019

Subway platform in Astoria Queens overlooking the Triboro Bridge (iStock.com)

Move over Wiliamsburg, Park Slope, and the East Village.

To ring in the new year, the New York Post published a list of the current “hottest” New York City neighborhoods, per the app Localize.city, which analyzes real estate development along with activity pertaining to parks, leisure, shopping, dining options, transit, etc. Nine areas throughout the boroughs were selected for this distinct honor. Below we parse the condo activity in an effort to spotlight the hottest of the hot in this one very specific category (neighborhoods are listed alphabetically.)

Astoria

This treasured Queens neighborhood will surely feel the impact of the nearby Amazon HQ 2 project in Long Island City. But even before that controversial deal was announced, big things were happening in Astoria, with the Durst Organization’s Hallets Point residential development looking to open the first of seven buildings adjacent to the East River later this year.

Although units in the initial Hallets property will be rentals, Astoria is not without condominium real estate. For instance, Verona, a 56-unit project by Park Construction Corp., launched sales in 2017. As of this writing, it appears to be fully sold. Prices for the apartments ran from $495,000 to $1.3 million, and owners are treated to amenities including a gym, package room, virtual doorman, and roof deck with grills.

Downtown Brooklyn

There is much popping in Downtown Brooklyn, but the condo-related conversation centers around Brooklyn Point, an Extell project at 138 Willoughby Street that will stand 720 feet tall and offer 485 condo units with prices ranging from $837,000, to $3.4 million for a three-bedroom. Developers promise that the building will have the “highest rooftop pool in the Western Hemisphere,” along with a climbing wall, observatory, pet spa and game lounge, among other lavish accouterments. As of December last year, construction had reached half the property's projected height, with an estimated completion set for 2020.

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