If you own a Brooklyn brownstone or multi-family building, you've surely noticed a troubling trend: Insurance rates have climbed more than 20 percent annually in recent years. Each time a policy comes up for renewal, property owners face steeper premiums-and 2026 shows no signs of reversing this pattern. The true cost of rising rates Consider this scenario: A brownstone policy costing $10,000 today could jump to $12,000 at renewal. Over three years, these increases compound significantly, adding thousands to your insurance costs. For multi-family property owners, these increases directly impact their bottom line and can force difficult decisions about rent increases or deferred maintenance.
Around 1964, the name Boerum Hill began to appear on maps of Brooklyn's old brownstone neighborhoods. The name, announcing a new residential area in downtown Brooklyn, was to be seen not on all maps but chiefly on those that had been drawn up in Boerum Hill itself. People living in such nearby areas as Brooklyn Heights, Cobble Hill, and Park Slope-the establishment, so to speak, of Brooklyn's brownstone neighborhoods.