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Out With the Old on Fulton Street

November 2, 2007

The Brooklyn Paper has a new article on the rising rents, and subsequent changing face, of Fulton Street:

In the past couple of months, Fulton Street has seen a tremendous turnover in businesses. Vanished from the Fort Greene scene are Restaurant New Orleans, Keur ’N Deye, and South Portland Antiques. Gone is Hot Toddie. On its way out is Designer Braids and Trade, which has been in business on Fulton Street for two decades.

Many of these businesses prospered through the early stages of gentrification, but the area’s growing popularity became, for some, too much of a good thing. They were comfortable operating in the relatively slow-paced, modest-rent environment of yesteryear, less so in the more demanding, highly competitive, Manhanttanesque Fort Greene and Clinton Hill of the future, where rent increases are topless.

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