A new market report released by Downtown Brooklyn Partnership says that the development boom in Downtown Brooklyn just beginning. According to the report, 12,750 apartments are in the works, a number that more than doubles the amount of apartments introduced to the neighborhood since its 2004 rezoning. Of those 12,750 apartments, 80-percent will be rentals, and a whole quarter will be priced below market rate. Image of City Point via Field Condition1>. [Crain's; TRD; previously]
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