Brooklyn Building Boom Healthier in 2008 than 2007

Only three new building permits were filed in Manhattan in September, reports the Real Deal, but according to Property Shark, things aren't quite so bad over here. They sent us these screen shots breaking down Brooklyn permit data from the first nine months of 2007 and 2008, organized by zip code. Cypress Hill, 11208, saw the largest number of permits filed — 243 — 7.5 percent higher than last year. After than came zip code 11211 (they call it East Williamsburg but it covers all of hipster-land as well) with 226 new building permits, 107.3% more than last year. In general, building permits were up in the borough. The only thing that went down was the number of demolitions: there were 555, 10.6 percent fewer than last year.

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Let the zip code war begin!

Posted by: bayridgegirl at November 3, 2008 11:09 AM

Isn't this the definition of comparing apples to oranges?
How many permits were filed for Brooklyn in September?

Posted by: WillBklyn at November 3, 2008 11:12 AM

Those are some wildly ridiculous assignments of neighborhood names to zip codes. I thought I lived in Stuyvesant Heights but I guess its closer to Queens!!!

Posted by: daveinbedstuy at November 3, 2008 11:14 AM

That's ok, Dave, 11216, which covers much of Bed Stuy and Crown Heights North, isn't on there at all. I guess no permits, whatsoever, were filed in this entire zip code. I find that hard to believe.

Posted by: Montrose Morris at November 3, 2008 11:36 AM

This shows the top 15 zip codes for permits in Brooklyn, which is why 11216 is not listed.

Posted by: brians at November 3, 2008 12:31 PM

Some of this may have been driven by developers getting permits approved under the old building code. The new code became effective July 1st.

Posted by: Boerum Hill at November 3, 2008 12:42 PM

Forgive my ignorance, but do these permits cover renovation of existing buildings, or just new construction?

Posted by: StuyMom at November 3, 2008 12:42 PM

StuyMom..I think it includes renovations to existing bldgs. I can't imagine 243 new buildings in Cypress Hills. I could be wrong though.

Posted by: bayridgegirl at November 3, 2008 12:51 PM

building permit does not equal building. lots of permits, little financing.

Posted by: BrooklynLove at November 3, 2008 1:18 PM

More permits are proportional to more price drops. Supply up, demand down. Love it.

Posted by: DOW8000SP800 at November 3, 2008 1:30 PM

dow - see comment above yours

Posted by: BrooklynLove at November 3, 2008 5:34 PM

a lot of these were started to get in on the tax abatement i think.

Posted by: wine lover at November 3, 2008 6:36 PM

and # of building permits does not = # of housing units(single fam vs. highrise - each building has 1 permit)
And permits are issued for buildings that aren't residential so wouldn't read too much from these stats.

Posted by: Petebklyn at November 4, 2008 7:42 AM

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November 3, 2008

Brooklyn Building Boom Healthier in 2008 than 2007

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