In Brooklyn, Brand Value Outpacing Real Estate

Even if Brooklyn’s condo prices are no longer skyrocketing, the value of its brand still is, according to a recent piece in the NY Press. Check it:
I was having lunch yesterday with someone from a prominent Brooklyn cultural institution and he admitted that he now gets requests to collaborate with his arts organization simply because they’re located in Brooklyn. “We think it would be great to do something with you guys,” he’s been told. “We’d really like to have BROOKLYN associated with our name. It’ll look great on the poster.” Isn’t it grand how quickly a borough can become a brand?
This anecdote comes as no surprise to us. Do you think there’s the risk of overexposure to the brand, though? Might there be brand fatigue at some point and, God forbid, a backlash?
The Brooklyn Brand to Expand [NY Press]
Photo by Dan Cox
Feb 09, 2012 | 11:02 AM