In case you didn't know, the New York Times has stepped in to tell us that it's not only northern Williamsburg that's hot right now, but so too is its blossoming little sister, southern Williamsburg, the area south of Grand Street. Despite its converted factory spaces and incoming mega-developments like the Oosten, south Williamsburg still trades at a 15-percent deficit to the north sidebut if northern Williamsburg's rapid growth is any indicator, that won't be the case for much longer. [NYT]
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