With development battles stretching back years, it's kind of insane to consider that the Barclays Center opening is less than one year out—a potential windfall for real estate speculators in surrounding Prospect Heights, Clinton Hill, and Boerum Hill. According to insiders, landlords in the area "have been patiently awaiting the opening of the stadium, allowing leases to lapse and their spaces to sit vacant in anticipation of attaining higher rents." Asking retail rents on Flatbush range from $85 per square foot up to $175. [New York Post]
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