Brooklyn Community District 01

The following is contact information for this Community Board:
435 Graham Avenue
Brooklyn, NY 11211
Phone: 718.389.0009
Fax: 718.389.0098
Brooklyn Community Board 01 Website

The following description is taken from the Furman Center’s State of New York City’s Housing and Neighborhoods 2007 report. For more information about this Community District, click here (PDF):
Growth in Greenpoint/Williamsburg continues at a rapid clip; units authorized by new building permits increased by 42% between 2005 and 2006, making CD 201 second in the City.

The homeownership rate has remained much lower than in the rest of the City, but the number of home purchase loans per 1,000 properties more than doubled between 2000 and 2006.

The rate of notices of foreclosure and percentage of loans that are subprime have been very low, so the increase in home purchase loans suggests that homeownership is increasing. Housing prices for 2-4 family buildings have more than doubled since 2000.

CD 201 has become significantly less racially diverse over the past six years as the proportion of whites has increased and the share of blacks and of Hispanics has decreased. The percentage of households with children in CD 201 is shrinking, contrary to city-wide trends.

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