Just this past Sunday, I attended a birthday party for a friend. The topic of conversation that dominated the afternoon was super storm Sandy. I am certain that the tragic loss of life and devastation of whole communities that Sandy caused will forever remain in every New Yorker's mind and heart. Most Brooklynites, who own homes in the Brooklyn neighborhoods not effected in any significant way by Sandy have long since gone back to their normal lives. The homeowners whose property is located in coastal neighborhoods in Brooklyn, that were badly effected by Sandy are gradually pulling themselves up by the bootstraps and working very hard to get their homes and lives back to normal again. An example of the fortitude of one woman who is a homeowner in Manhattan Beach (a neighborhood very badly hit by Sandy) is a real estate broker, the co owner of Accord Real Estate Group and my business partner and friend of 11 years Anna Kader. Anna's home was significantly damaged by the storm. Through weeks of negotiating with contractors and insurance companies, overseeing renovations, shopping for materials and working through the nightmare of a process of cleaning up and rebuilding her home, Anna and many other Brooklyn homeowners are getting the job done!
The effect that Sandy is having on the Brooklyn Real Estate market will vary from neighborhood to neighborhood and property to property. In the long term however, residential and commercial property sales in even the worst hit Brooklyn neighborhoods will rebound and the future of real estate in Brooklyn NY is still very bright.
For more information about Brooklyn Real Estate, call or email us. We will be happy to assist you in every way we can.