Woodbury – A continuing wave of Hasidic and Orthodox families and investors are buying homes in the tree-lined neighborhoods of Woodbury, that surrounds the much more urban and densely populated Village of Kiryas Joel.
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The neat lawns of a yard and some privacy, and the quiet streets instead of the congested, condo lifestyle of Kiryas Yoel, offers a delightful contrast to a city lifestyle. And the houses are affordable by Brooklyn and Kiryas Yoel standards. Plus, Kiryas Joel’s religious schools are a short bus ride away – an essential ingredient for a Hasidic family.
Property records show that Hasidic and Orthodox buyers have purchased at least 35 houses in Kiryas Joel’s periphery during 19 months.
good luck to him.
that comes out to about 700 grand a piece, is that considered a bargin? or am i missing something.
Elimelech Deutsch, a Kiryas Joel man, has purchased at least three, costing a total of $2.1 million, property records show.
He declined to be interviewed about his purchases.