South Elliott Place, in Fort Greene, was once a working-class stretch plagued by drugs. It’s a different place now: homes that sold for $29,000 in the 1970s now go for $2.7 million.South Elliott Place: its characters and stoop sitters, its street sweeps and pig roasts, its brownstones and rentals, its bad old days and new gleam.

The restoration of a home in Stuyvesant Heights, Brooklyn, has underscored the difficulties and often high cost of historic preservation.

Cheaper rents and a sense of pent-up demand among residents have helped make Bedford-Stuyvesant an appealing location for new stores and restaurants.

A neighborhood transformed by soaring home prices is now caught in a breathtaking fall, but residents believe the improvements to the area will prove durable.

The Brooklyn brownstone famous for being the setting for the movie “Moonstruck” was sold this month for nearly $4 million.

A Wall Street tycoon’s plan to turn three landmark brownstones into one 17,000-square-foot dwelling has prompted protests from neighbors and preservationists.