Brokers
February 20, 2008
Corco Sets Up Shop in Williamsburg
The real estate market is alive and well in Williamsburg. Or not. Sandwiched between bagels and hardware, Corcoran's latest office—their fourth in the borough, first in the Burg—opened yesterday in a L-shaped space that runs through from a storefront at 241 Bedford Avenue to an entrance on North 3rd Street (above). Under the watch of broker Eric McFarland, the office has room for 42 brokers and is currently about 2/3 full. The office launches with a couple of big projects already under its belt, 349 Metropolitan and 100 North 3rd Street. Whether this is a prescient call that will position the Big C to cash in on the thousands of units slated to come online in the area in the next few years or a case of being the last one to board a sinking ship remains to be seen. Either way, it can't be good news for the likes of Apartments & Lofts. GMAP