DUMBO

Location: North-western Brooklyn

Character: Derived from "Down under the Manhattan Bridge Overpass", DUMBO was once the thriving creative center for the starving artists. Enticed by the giant live/work loft spaces, artists flocked to the area from Manhattan and gentrified the formerly industrial neighborhood.

In recent years (since 2000), the area has become more popular and has outpriced many of the artists. Many of the apartments and condos have higher rents than in Manhattan. Speaking of which, the view of Manhattan from DUMBO is spectacular, if not the best in the city.

With quaint streets of cobblestone and beautifully converted old fashion warehouses (complete with architectural stars), DUMBO evokes somewhat of a colonial feel. Not all of the artists have been chased out, and the area still boasts many art galleries, cafes and a gorgeous park in between the Manhattan and Brooklyn Bridges. Although pricey, the converted lofts are spacious and airy and the entire area is extremely family-friendly and family oriented.

Demographics: Established artists and their families are typical residents. Most in the area have young children and make use of the many playgrounds and parks.