Will Everyone Go Running Back to Manhattan?

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Crain's recycles the question (asked by The Times a week earlier) that seems to be on everyone's mind these days: Do falling Manhattan rents spell the end of Brooklyn? We don't think so. Clearly some people who work in Midtown and were living in Brooklyn based on price alone ("If it's as expensive in Brooklyn as Manhattan, I'd rather just be in the real thing,” says one publicist) will return to Manhattan but, we'd bet, most of the creative professionals who've put down roots in the County of Kings are here to stay. Real housewife Alex McCord summed up how we—and, if this poll is to be believed, many others—feel when she told the paper, “Even if we had Warren Buffett money, we would never leave.”
Can Brooklyn Keep Its Mojo? [Crain's]
Brooklynites Jumping Ship to Manhattan? [Brownstoner]
Photo by cornell100

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