Should I buy a loft in Bridgeport, CT?
January 21, 2008 5:07 AM Subscribe
Should I buy a loft in a restored industrial building or the Columbia Records Tower in Bridgeport, CT?
posted by rocketpup to Work & Money (7 answers total) 1 user marked this as a favorite
I'm an NYC commuter currently renting on Long Island. I am looking to buy something later this year but am probably going to try to get out of New York to find some lower prices and taxes. I've discovered a few loft developments in Bridgeport, CT that seem to be right up my alley. One (Federal Arms) is on Charles St. another is in the Columbia Records Tower
and the last one is called Lofts on Lafayette
, on Lafayette obviously, and close to the train station which would be ideal for my commute. Can anyone with some local knowledge give me some insight into the neighborhoods, what direction they're heading, the broad demographic groups I can expect from my neighbors, etc.? If anyone has any knowledge of the real estate market in Bridgeport, and can give me an idea of whether those lofts are expected to increase in value (mortgage crisis not withstanding), or to tank, whether I have any room to bargain on the asking price, etc. that would be amazingly helpful.