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Why High-Net-Worth Buyers Are Choosing Brooklyn Over Manhattan

Alexandra Gupta October 8, 2025

For decades, Manhattan was the undisputed destination for New York’s wealthiest residents. But in recent years, Brooklyn has quietly become the borough of choice for high-net-worth buyers seeking luxury, privacy, and community.
 

What’s Driving the Shift?

  • Townhouse appeal: Landmark brownstones and townhouses in Brooklyn Heights, Cobble Hill, and Park Slope offer privacy and architectural prestige unmatched in Manhattan’s glass towers.
  • Waterfront luxury: Developments in DUMBO, Brooklyn Heights, and Williamsburg feature panoramic skyline views with resort-style amenities.
  • Lifestyle value: From Michelin-starred dining to private schools, Brooklyn now delivers the lifestyle HNWIs demand — with a more neighborhood-centric feel.

The Investment Case

  • Limited inventory of historic townhouses ensures strong long-term appreciation.
  • Luxury condos in Brooklyn still trade at a discount compared to Manhattan — offering both lifestyle and value.
Bottom line: For high-net-worth individuals, Brooklyn represents more than an alternative to Manhattan — it’s the new epicenter of luxury living.

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I enjoy the responsibility of taking care of each client's real estate needs and making the transaction as smooth as can be. With every new challenge, I am well prepared and ready to deliver honest, capable guidance that will lead to your perfect home.

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ALEXANDRA GUPTA

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(347) 683-4433

125 7TH AVE BROOKLYN NY 11215