"bedstuy" is shorthand in NY speak for Bedford-Stuyvesant, an area of Brooklyn. Once, a low income place to live, it's now become housing for the younger folks that work in Manhattan and can't afford housing there.
Since rent control was abolished a few years ago, rental prices and real estate have gotten a lot higher. In Brooklyn (Fort Green), I met one older lady that now lives on the street in front of the building she used to live in.
Those two-story brick walk-ups you see in the movies and on TV, in Brooklyn, now sell for $1 million, stripped. That is four walls, two floors, a staircase, and not a wire, a pipe, or anything else inside.
