One of many former industrial areas in Brooklyn that has been transformed into a highly desirable place to live, Greenpoint rivals Williamsburg when it comes to its exciting music and dining scenes. Here, it's common to find warehouses that have been converted into residencies, giving people the rare chance to own spacious apartments right outside the city. Prices in this area also tend to be lower than in surrounding neighborhoods, but with new high-rises planned in the future that may not last for long.