Northern Brooklyn's Apartment Boom

Wikimedia Commons

Large-scale residential development in northern and central Brooklyn will more than double over the next two years, with 5,800 new apartment units projected for 2017, according to a CityRealty report. The report is based on projects with at least 20 units, including affordable housing and commercial buildings that were converted to residential (the data didn't include condo conversions). If these units are built, it will surpass the last peak of more than 3,200 units built in 2008. [Crain's]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's New York Newsletters
Related Stories

Golden Apartment Building Sells For $62M To Chicago Company

Banks Are Manhattan's Latest Hot Retail Tenant

New Student Housing Towers Lease Up Quickly In University City, But Developers Can't Build More

Nord Group's Lawyer Moves To Quit, Says Entities Can't Pay Him

Housing Completions Close To 40,000 As LDA Adds Major Site And CEO Departs

Voorhees Greenlights 178-Unit Office-To-Resi Conversion Amid Multifamily Boom

Battered Mortgage REIT Suspends Dividend To Preserve Cash

RXR Marketing Executive Lauren Maturo Dies At 32

Weil Gotshal Wind-Down Leaves 830K SF Hole In America's Office Market

Tyko Capital Sets New Record For Florida's Largest Construction Loan

Meet Bisnow's 2026 New York Power Women Honorees

Hof Wonen Acquires 251 Social Rental Houses In New Mixed-Use Project In The Hague