It was five years ago that Ms. Phillips, 36, and Christian Dechert, 39, bought their home on 15th Street in Brooklyn's South Slope for $220,000.

As time went on, the whole South Slope became 'Park Slope.'

Resales prices for two-families distant from the park in the South Slope, for example, would probably be in a range of $700,000 to $800,000, brokers say.

South Slopes (Park Slope and Crown Heights)

The area, known as "South Slope" is another mixed use area.

The projects occupy over one third of the South Slope and stand in sharp contrast to the more affluent homes in the neighborhood.

Four public housing projects were built on the South Slope after WWII.

Potrero Hill's South Slope experienced a significant increase in housing and population as a result.

These days, that Brooklyn neighborhood, known as the South Slope, is dotted with open construction sites that draw daily complaints from residents.

Because there are no official borders to neighborhoods in New York City, definitions of the boundaries of the South Slope can differ significantly.