Tim Crowley, CORE’s Managing Director of Innovation and Design, shares his neighborhood trend spotting experience and the value he sees in Red Hook.
New York City has long been a city of urban reinvention, with an ever migrating sense of “the next big thing.” Applying that context to new residential districts and expanding boundaries of existing neighborhoods is a key factor in our city’s dynamism. I vividly recall moving to New York City in 2001 and getting to know the Meatpacking District and the far West Village (west of Greenwich) as a somewhat seedy area with a ton of potential. The potential was realized in spades and now those neighborhoods have some of the most expensive real estate in the United States.
Fast forward a decade and a half, and the same market maturation has happened in Soho and Nolita, Boerum Hill and Carroll Gardens and Dumbo and Williamsburg. Red Hook is on absolutely the same trajectory, and we couldn’t be more excited to work with developers who have taken the challenge head-on. Typically, as a neighborhood becomes more residential, you see modest attempts at introducing luxury housing. In the case of King & Sullivan and Red Hook, Sanba has thrown out that play book and built some of the best real estate in the market – city-wide. I do not exaggerate. I have been doing this for a bit and can assure that these homes are well-considered, well-planned, built like tanks and finished with a craftsman’s touch. I encourage you to come and explore Red Hook, explore King & Sullivan and see for yourself how Red Hook is building a brand that has the West Village’s waterfront, Dumbo’s industrial pedigree and Clinton Hill’s sense of scale. If you fall in love out there, don’t blame us, we warned you.