development

Brooklyn, development, News

Reactivated South Brooklyn Marine Terminal Won’t Come at Cost of Residents, EDC Prez Says

In today’s New York, economic development has become almost synonymous with gentrification, with communities often fearing new projects will mean displacement of long-time residents. That’s the current vibe in Sunset Park, Brooklyn, where the city plans to revive the South Brooklyn Marine Terminal by the end of 2016. The city plans to […]

development, News

EDC Prez Says City Needs More Office Space

The city is running out of affordable office space as demand is projected to increase heavily over the next decade. Demand for office space could reach as much as 60 million square feet, according to an NYC Economic Development Corp., study released Thursday at a Crain’s New York Business conference. […]