{2:24 minutes to read} A number of years ago, I was watching a certain stock that was priced at 5.3. I decided that when it hit 5, I would buy, but it never hit 5. Instead, it began to climb, and within a few years went to 15 and then 16. I learned a good lesson the hard way – buy while the stock is low.

While much of Brooklyn has been redeveloped, renovated and revitalized, the eastern areas have been largely ignored for a number of reasons. However, East New York could be a prime target for smart investors over the next couple of years.