Not quite. Many migrated to Bay Ridge where I used to live. They lasted about 2 years before realizing that you can't block the entire 18' wide sidewalk in an old fashioned Brooklyn neighborhood. They didn't last in Park Slope either. Their now in DUMBO or downtown where they can easily get those kinds of rents if not more. There's a building boom going on in Downtown Brooklyn and DUMBO and the end is not in sight. One stop from Downtown Manhattan and if you drive it's even closer.