Downtown is Brooklyn’s New Hot Spot

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The fastest growing part of Brooklyn is not Park Slope, Williamsburg, or Brooklyn Heights. It’s Downtown Brooklyn, according to the Post. Ten years ago, only 3,270 people lived in the 60 block area, today there are more than 9,000 people. Since 2007, 28 condo and rental projects have been built, with 30 others stalled by the economy. The Downtown Brooklyn Partnership estimates over 16,000 people by year’s end, as projects like Brooklyn Gold, and others, near completion. The Partnership’s Joe Chan estimates much more growth by 2012, and cites the building of Bruce Ratner’s Barclay’s Arena to boost the area even more. The impact of the arena will be historic. It is a gamechanger for Downtown and the borough.
Brooklyn’s Hot Spot [NY Post]

By Montrose Morris |