Brooklyn’s Flatbush Avenue Is Booming

Flatbush_avenueConsider this the spillover effect from Manhattan’s explosion in property prices, but tame and dowdy Flatbush Avenue in Brooklyn is experiencing a building boom of epic proportions. 18 construction projects are occurring on this stories street with a combined value of 3 billion dollars. And that is not even including the Atlantic Yards project nearby.

Flatbush Avenue, who woulda thunk it.

From the Manhatttan Bridge to the just south of Third Avenue — Flatbush Avenue is expected to get 4,400 new residential units, 645,000 square feet of new shopping and 190,000 square feet of office space.

The biggest project is a $750 million plan to renovate the Albee Square Mall into 900 apartments and $600,000 square feet of stores and offices. via 1010 WINS

Related posts:
  1. Real Estate Crime Unit Formed In Brooklyn, New York
  2. Looking For Cheap Rent – Check Out Manhattan’s Sublet Office Space
  3. Macklowe Loses 1330 Avenue of the Americas to Foreclosure
  4. Signs Of A Commercial Real Estate Crash
  5. Want To Live Next To President Obama? We Have The House For You.

Post a Response

« Back to text comment
  • Popular

    Most Comments

    Search

    Tags

    Archives

  • Recent Comments

    • Montreal Canada. L`ile bizard. Large private mansion with concrete pool, sauna, nested in woods. with 6 large garages ...
      R.Vandenberg | 9Feb10 | More
    • Great points Tom - the flavor of the day solution is only adding to the instability and volatility. When Washington ...
      Taylor Anderson | 8Feb10 | More
    • I see it all too often where owners decide to be investors without understanding that tenants have rights. Its ...
      Doreen Zelma | 7Feb10 | More
    • cont from above post..... please contact me via e-mail if interested in the home listed above. jonieckstrom@yahoo.com
      Joni Reese | 7Feb10 | More
    • Our home is in Vancouver Washington. Nice, quiet neighborhood, wide treeline streets, large evergreens, green everywhere, ( it's the northwest ...
      Joni Reese | 7Feb10 | More
    • This is a topic currently being debated in our local Real Estate Board here in Toronto Canada. Online, we ...
      Mississauga Condos | 7Feb10 | More
    • A property management company should realize that most potential tenants now will have a foreclosure or bankruptcy on their credit....as ...
      Foreclosures | 6Feb10 | More
    • my boyfriend and i just fell for the scam ourselves, it's sad what they are able to do. I am ...
      megan | 5Feb10 | More
    • Now is an excellent time for business people to buy if they have decent credit (I did not say excellent ...
      Braudis Pegram | 4Feb10 | More
    • Tom is correct and @Al, there's a great deal of logic in your response; however, although I'm not an activist ...
      Braudis Pegram | 4Feb10 | More
  • Statistics

  • Friends

  • Subscribe





    Get Updates Delivered Daily By E-Mail:

    Delivered by FeedBurner