Boutique Properties Bring New Dimension To Brooklyn Real Estate

Amidst the quiet, charming brownstones, a new type of property is emerging in Brooklyn.

‘In Brooklyn, we are seeing smaller buildings going up with higher-end finishes, because developers are realizing that competition is still there and buyers are demanding a higher-quality product,” says Andrew Booth, a broker at the Corcoran Group.

Booth says over the last five years, Brooklyn has been offering buyers a new type of product – small, quaint buildings with ultra-modern, high-end finishes. These boutique developments offer the luxury found in many of the new high-rise projects, but with the community feel of a walk up.

Jayme Sklar bought in Carroll Gardens a few years ago and says the new buildings keep getting better and better. She says the change just reflects the way Brooklyn has evolved.

“Brooklyn has evolved in so many ways,” says Sklar. “It’s evolved in that we have restaurants and cafes and shops and now the real estate is mimicking that. It all blends now. It's not just a trendy shop next to a brownstone. It’s maybe a trendy shop maybe next to a small boutique building.”

Most apartments come with top-of-the-line appliances and the highest-quality finishes. And while the buildings do not offer the amenities you may find in a new high rise, Booth says that a just allows buyers to get more bang for their buck in terms of space.

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