Hudson Heights Climbing to the Next Level
This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
Adam and Mariana Weinstein spent a fruitless year in search of a spacious apartment in Brooklyn, where they had assumed they could find an affordable place in a nice neighborhood. Instead, they found themselves priced out of places such as Park Slope, and subjected to vicious bidding wars for the few affordable units on the market.
“We made offers in Brooklyn. They all wanted more than the asking price,” Mr. Weinstein, a property manager for a cinema marketing company, said. “Other people would overbid by $50,000 and you had 15 people bidding on the same places.”
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