She cites two three-bedroom apartments she sold at 328 Bergen St., a
condo building in Boerum Hill. The first unit went on the market last
September, just before the stadium opened, and sold for $875,000. The
second, a similar unit, went to market in February, months after the
center opened, and sold this summer for $996,000 — a 14 percent bump.
“Now, obviously, there are market forces at play,” Barrett says. “But
I think that since [Barclays] opened, that question mark just went away
and people view it as a positive for the neighborhood.”
Corcoran broker Mary Lowe saw an even more dramatic payoff from the Barclays debut.
In the last year, Lowe has sold four units in Prospect Heights’
173-unit Newswalk condo loft building, which, at 535 Dean St., is less
than a block from the Atlantic Yards construction site. The first unit,
which she sold last September, went for $567 per square foot. The second
sold in June for $719. The third went in August for $889. And last
month, Lowe says, she put a Newswalk apartment into contract at $913 per
“The first sale, there were lots of questions from buyers, a lot of
nervousness and uncertainty about what Barclays would become,” Lowe
says. “My last sale, I got very few questions. Buyers can walk around
the neighborhood, and they see more amenities, more services, more
The arena’s opening has also rounded out the area’s cultural
offerings, says Halstead broker Isaac Halperin, who has sold units in
Fort Greene’s One Hanson Place, which overlooks the arena.
“You have highbrow cultural activities at Brooklyn Academy of Music,
and now you also have more mainstream entertainment at Barclays,” he