Prospect-Lefferts Gardens is pretty much the final frontier of Brooklyn gentrification. It has gorgeous turn-of-the century homes, but it’s always been on the wrong side of the park. The neighborhood experienced a boom in the pre-Lehman flush days, but property prices have dropped in recent years. It looks like things are on the up and up for PLG, however, as a recent sale came though last week for $1.57 million—the second largest sale the historic neighborhood has seen, and the biggest in almost five years. The deal, which was first reported by Brownstoner, charts the neighborhoods meteoric rise. Read More
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