Scoring Downtown Brooklyn's Progress
For the last several years, the Downtown Brooklyn Partnership has produced a scorecard to track the progress of development progress in the area. This morning, The Eagle summarizes some of the numbers from the latest report card. To date, developers have spent $9.7 billion to create 22,615,000 square feet of new space and 14,481 new…
For the last several years, the Downtown Brooklyn Partnership has produced a scorecard to track the progress of development progress in the area. This morning, The Eagle summarizes some of the numbers from the latest report card. To date, developers have spent $9.7 billion to create 22,615,000 square feet of new space and 14,481 new units of housing. Of the 68 projects that have been planned for Downtown Brooklyn in recent years, 28, or 41 percent, of them have been completed; most of these have been residential, though the percentages are skewed by the inclusion of Atlantic Yards, where none of the planned 6,430 apartments have been built yet.
Partnership’s Report Details Downtown’s Development Story [Brooklyn Eagle]
“To date, developers have spent $9.7 billion to create 22,615,000 square feet of new space and 14,481 new units of housing.”
No, they haven’t. That’s the aspiration.
Holt elsewhere in his column reports, “Of the 22.8 million square feet of projects to be built, 24 percent have been done.”
Atlantic Yards, of course, is not in downtown Brooklyn, but when has accuracy ever mattered to Ratner & Co.?
Still waiting for some Jersey City and Hoboken brownstone love. We are ten mins away and get no love.
Ugh.
Dennis Holt couldn’t write his way out of a paper bag.