Brownstoner just took a look at a PropertyShark report analyzing where buyers of Brooklyn condos hail from. Natives come out on top, but Manhattan residents who are likely seeking a value come in a close second. Obviously those numbers sank when the economy crashed, but the Manhattanites seem to be surging once more. Most notably, a whopping 40% of condos sold this year over the $1M mark were bought by Islanders . To nobody's surprise Queens is the Rick Santorum of the pack, hovering between 0 and 2%. The big question is, will Manhattan expats overshadow even Brooklyn natives one day? Yes, probably.
· More Manhattanites Buying Brooklyn Condos [Brownstoner]
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