Page posted April 6, 2009
East Brooklyn's neighborhoods now face both a serious need for affordable housing, and a significant number of foreclosures. Like the rest of the New York City, East Brooklyn experienced a dramatic increase in housing prices from 2000 to 2007 -- both rental and sales -- while incomes steadily declined. In the neighborhoods of Ocean Hill, Brownsville, Broadway Junction, Cypress Hills, City Line, East New York, New Lots, Spring Creek and Starrett City, almost half the population pays more than 30% of its income on housing, and around one third of residents live in poverty.