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January 17, 2007
Hotels grow in Brooklyn
MetroNY
By Amy Zimmer
“With the pullback in the residential market, many people are looking to hotels,” McConnell said. “We’ve seen at least half a dozen national hotel players coming to New York to look at Brooklyn.”
NoLandGrab: Not to be left out, Bruce Ratner's Atlantic Yards has been morphing on the drawing board during the past three years to conform to real estate trends in Brooklyn.
First there were millions of square feet of office space, which, as in the Downtown Brooklyn plan, changed to luxury condos. The trend has moved away from luxury condos to hotel rooms, and Ratner has already adjusted Atlantic Yards in lock step.
Posted by lumi at January 17, 2007 8:55 AM