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January 8, 2007
Development Spreads To Brooklyn’s Fourth Ave.
The NY Sun
By Paul Lukas
An article about changes on Fourth Avenue cites the new bars and cafes:
Several pubs and cafes have opened on Fourth Avenue recently. More are expected soon, as Park Slope’s inexorable wave of development, having exhausted the possibilities on Fifth Avenue, now is moving to Fourth. Other factors are contributing to the avenue’s potential makeover: Up and down the strip, new high-rise condominium buildings — the result of a recent zoning change — are under construction. Meanwhile, the looming prospect of the Atlantic Yards sports arena project suggests the trend of new food and drink venues is just getting started.
Ratner cheerleader consultant Richard Lipsky from the Neighborhood Retail Alliance adds:
Once the AY project really begins to take hold it will inevitably boost, as we have predicted, the area's small neighborhood businesses and enhance property values all over the Slope's southern boundaries.
But don't worry, according to Bruce Ratner's Environmental Impact Statement, the project won't cause a net change in the socio-economic make up of the neighborhood.
Posted by lumi at January 8, 2007 9:13 AM