There is more than $3.1 billion of construction projects in the pipeline for the one mile stretch of Flatbush Avenue between the Manhattan Bridge and the Williamsburgh Bank building, calculates The New York Post this morning. Here’s how it breaks down:
In addition, there’s another $1 billion in projects off the northern end of Flatbush and, of course, a $4 billion project some of you may have heard of called Atlantic Yards. “Flatbush Avenue is the borough’s quintessential boulevard and the gateway into Brooklyn,” said Joseph Chan, president of the Downtown Brooklyn Partnership. “It is to Brooklyn what Broadway is to Manhattan, and it is poised for some dramatic change.”
Boom on Flatbush [NY Post] GMAP