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Wednesday
Mar282012

FIPS DAILY ALMANAC: Wednesday, March 28, 2012

 

photo by Flickr user A Crom

Rise and shine FIPSters, and welcome to your day! In political news, it appears that Obamacare is getting raked over the coals at the Supreme Court. In celebrity news, Alicia Silverstone chews her kid's food for him (his name is Bear Blu, btw) and Octomom posed nude, just so we could all lose our lunches.  

ON THIS DAY IN BK HISTORY (1982):

Let's jump in our FIPS hot tub time machine and go back to 1982. Crack is king, Koch is mayor and there is an embargo on Libyan oil.  While skimming through the New York Times Real Estate Section for March 28, 1982, I found a very user-friendly article called "A Homeseeker's Guide to The City." After lamenting over how the price of a 2-bedroom, 750 square foot apartment on the Upper West Side has sky rocketed to $200,000 the author turns his eyes to Brooklyn. "The borough is a center of urban revivalism," he writes. "There is rising investment in older housing but little new construction." He'll eat those words in 30 years, but I'll allow him to continue. He says, "In various stages of revival are nearby Cobble Hill, Carroll Gardens, Park Slope and Prospect Heights.... Sale prices of $90,000 to $125,000 can be expected for one-bedroom cooperatives in the most sought-after locations." In a 1982 pre-war building, one could rent a room for $100-$125 a month, and pay only $550 for a 2-bedroom with a doorman and terrace. Just watch out for 1982 Magnum P.I.! That mustache will get ya everytime! 

 PPW, 1982 via Dipity.com

  [READ THE FULL ARTICLE FROM THE NEW YORK TIMES ARCHIVES] 

 

ON THIS DAY IN FIPS'TORY: 

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