Those rumors that the market's going soft -- and that freshly gentrified neighborhoods will be first to tank -- haven't reached Clinton Hill, Brooklyn. This elegant house at 396 Grand Avenue, built in 1864, just sold for $1.05 million after a single week on the market. (The sellers own the popular local restaurant Locanda Vini & Olii; the buyers are a couple of finance types moving from the West Village.) Corcoran broker Jerry Minsky, who had the exclusive (and lives in nearby Fort Greene), says the sale has become a talking point in the area: "I've been getting calls from old Jamaicans, saying, "What'd you get, mon?"

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• Archive: “Real Estate”
• Articles by Christopher Bonanos
• Table of Contents: Oct 28, 2002 issue of New York | Subscribe!