Friday, June 29, 2007

BOOM on Flatbush, Downtown Brooklyn & Duffield St.

Very few New Yorkers realized the scope of development on north Flatbush and around the Fulton Street Mall. But the recognition of the scale of new construction is beginning to dawn, since a few newspapers reported that there is $3.1 billion in development along north Flatbush. That number is hard to conceive- it's almost as big as the Atlantic Yards proposal for nearby Prospect Heights- but it doesn't include the other projects going up in Downtown Brooklyn.

This is relevant to Duffield Street because the NYC Economic Development Corporation says that the revitalization of the area hinges on the demolition of these private homes. To quote the inimitable Janel Petterson of the EDC:

The Duffield Street site is an important component of the Downtown Brooklyn plan, a strategy to stimulate economic growth, create jobs, and improve the quality of life for residents and employees in the area.
Here are links to the recent news coverage of economic growth in the area: