Brooklyn, New York, is home to the largest community of what ethnic group in the United States?

Lily Allen and David Harbour are selling their New York City townhouse for $11.8 million following their divorce.

The couple purchased the home in 2020 for $11 million.

The townhouse features five bedrooms, a landscaped garden, and a rooftop terrace with views of the Empire State Building.

Allen is currently working on a new album and plans to spend more time in London while Harbour continues his acting career.

The listing has generated interest from potential buyers looking for a luxurious and stylish property in Manhattan.

Real Estate Snapshot – Brooklyn, NY

Brooklyn

Key Highlights

• Median Sale Price: In the first quarter of 2025, the median sale price across Brooklyn was around $800,000, marking a ~7% increase year-over-year. Inhabit+2RealEstate.news+2

• Average Price per Square Foot: For Q3 2025, the average price per square foot reached about $1,198, up ~10% from the prior year. Inhabit

• Sales Activity:

  • Contract signings were up ~7% YoY in Q1 2025. Inhabit+1

  • But closed sales in some quarters were slightly down versus the previous year—reflecting mixed timing between contract and close. Inhabit

• Inventory Trends: Active listings rose ~12% in Q1 2025 to ~1,579 units—though this remains well below the long-term average. Inhabit+1

• New Development / Luxury Segment:

  • New-development median raised to ~$1.275M in Q1 2025. Inhabit

  • The $2M+ and $3M+ segments saw notable strength in mid-2025. The Gilmartin-Herbst Team

• Forecast / Value Growth: The borough is projected to lead in value appreciation, with some estimates suggesting ~9.4% growth in 2025 for Brooklyn residential values. CRE Daily

• Market Balance: Some reports characterize the market as shifting toward balance (neither a strongly seller’s nor buyer’s market). Elegran

What This Means for Buyers & Sellers

• For Buyers:

  • Prices are trending upward, but high interest rates and selective demand mean carefully-priced, move-in-ready properties tend to move fastest.

  • Inventory has increased, suggesting slightly more choices, but it is recommended to act decisively in hot neighborhoods.

• For Sellers:

  • Demand remains robust, especially for well-located, well-presented properties.

  • Pricing accurately and presenting the home well (staging, condition) can help achieve optimal results.

• Neighborhood Variation Matters:

  • Premium neighborhoods (e.g., parts of Brownstone Brooklyn, North Brooklyn) can command significantly higher PPSF and median prices than more peripheral areas.

  • Less-expensive sub-markets still exist, but are becoming more competitive due to overall borough appreciation.

• Investment & New Development Considerations:

  • Investors have shown strong interest in multifamily and mixed-use deals. Great Ink+1

  • New development pricing is elevated; for those seeking value, resale properties may offer comparatively better price per square foot.

Key Metrics at a Glance

Watch-Points & Risks

• With increased inventory and longer days on market in certain segments, pricing missteps may lead to properties sitting longer.

• Interest rates remain a significant headwind—affordability constraints may dampen some demand.

• Local neighborhood factors (transportation, amenities, and condition of property) are increasingly impactful in differentiating performance.

• For very high-end/luxury segments, dynamics may differ—some oversupply/slowdown may exist depending on location and product type.

Here are three exciting new-ish restaurants in Brooklyn worth checking out:

1. Barbuto Brooklyn

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• 📍 Location: 60 Furman St, Brooklyn, NY 11201

• 🎟️ Details: The famed chef Jonathan Waxman brings his celebrated West Village restaurant to Brooklyn Heights with a wood-fired Italian-Californian menu. “Opening September 2025” for the Brooklyn version. Cititour.com

• 📝 Why it stands out: High-profile chef, already beloved concept, new location on the Brooklyn side of the river—great for a special meal or guests in town.

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2. Ziggy’s Roman Cafe

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• 📍 Location: DUMBO, Brooklyn (opening October 2025)

• 🎟️ Details: Roman-style pizzas and traditional Roman dishes with a modern twist, plus a mezzanine children’s play area—owner is ‎Igor Hadzismajlovic (also behind Employees Only). Brooklyn Bridge Parents

• 📝 Why it stands out: Family-friendly, fun neighborhood concept in one of Brooklyn’s most scenic neighborhoods (DUMBO).

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3. Bolo Bolo Cafe & Bakery

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• 📍 Location: Cobble Hill, Brooklyn (opening October 2025)

• 🎟️ Details: Founded by ‎Isha Koya, this café and bakery draws on her South Asian roots, with inventive pastries and seasonal drinks. Brooklyn Bridge Parents

• 📝 Why it stands out: A fresh bakery/café concept in a charming neighborhood, great for brunch, coffee, pastries, or casual meet-ups.

Enter Description

Quote Of The Day

"Brooklyn is not a city - it's a culture."

1. Fall Harvest Festival

📅 Date: Saturday, October 25, 2025
🕒 Time: 11:00 a.m.–4:00 p.m.
📍 Location: Brooklyn Botanic Garden, 990 Washington Ave, Brooklyn, NY
🎟️ Admission: Ticketed event (regular Garden admission may not apply) Macaroni Kid Brooklyn NW+4Brooklyn Botanic Garden+4Brooklyn Eagle+4
📄 Details: Celebrate the season with live music, pumpkin-decorating, a cider & beer garden, and family-friendly activities. Dress in flannel or even a costume if you like. Brooklyn Botanic Garden+2NY1+2

2. Brooklyn Dribble Fan Fest

📅 Date: Saturday, October 25, 2025
🕒 Time: Parade starts ~1:00 p.m.; Fan Fest 2:00-4:00 p.m. Brooklyn Bridge Parents+1
📍 Location: Brooklyn Bridge Park – from Pier 6 to Pier 2 (Parade), Fan Fest at Pier 2 Brooklyn Bridge Parents+1
🎟️ Admission: Registration needed for parade; Fan Fest open to all.
📄 Details: A fun community event with a one-mile dribble parade, DJs, lawn games, food trucks and more — great for families and sports fans alike. Brooklyn Bridge Parents

3. Brooklyn FAM 2025: Festival of Arts & Music

📅 Date: Sunday, October 26, 2025
🕒 Time: 10:00 a.m.–3:00 p.m. eventbrite.com+1
📍 Location: Near Boathouse, Brooklyn
🎟️ Admission: Free (family-friendly)
📄 Details: Celebrate African and Asian diasporic voices through puppet theatre, music, dance, crafting, and hands-on workshops. A lively and inclusive event for all ages.

Q/A Questions

Q: What are some popular attractions to visit in Brooklyn, New York?

A: Brooklyn Bridge, Prospect Park, and Coney Island are all popular attractions in Brooklyn.

Q: Where are some good places to eat in Brooklyn, New York?

A: Some popular restaurants in Brooklyn include Peter Luger Steak House, Di Fara Pizza, and Junior's Cheesecake.

Q: What public transportation options are available in Brooklyn, New York?

A: Brooklyn is served by the NYC Subway, several bus routes, and the NYC Ferry system for transportation.

Here’s a compelling Local Hero / Feel-Good Story from Brooklyn this week:

🌟 Local Hero

Shakyna Gorden

• 📍 Location: Brooklyn public housing communities under New York City Housing Authority (“NYCHA”), Brooklyn branch. NYC HA Now

• 📄 Details: Shakyna Gorden is described as “part community organizer, part teacher, part big sister.” Since joining NYCHA’s “Smoke-Free NYCHA” initiative in 2023, she’s played a hands-on role advocating for residents: connecting them to resources, organizing educational efforts around smoke‐free buildings, helping navigate complex systems. NYC HA Now

• 💖 Why she stands out: She’s doing the hard work of building trust and making change at the grassroots level — often with little fanfare. Her role is vital in improving residents’ quality of life and health outcomes in Brooklyn’s public housing.

Joke Of The Day

Why did the hipster get lost in Brooklyn?

Because he couldn't find his way out of the coffee shop!

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