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December 6, 2007

If You Win the Lottery, Where to Invest in Brooklyn

Brooklyn Daily Eagle
By Sarah Ryley

Timothy King, senior partner at Massey Knakal Realty Services, said if he won the $20 million lottery, he’d spend it all on property along Fourth and Atlantic avenues, and other would-be feeder streets to the Atlantic Yards arena and high-rise project. He said these are the strips that are going to really “pop” over the next few years because of that project, various rezonings that will bring higher density to the area, and high retail rents in adjacent strips.

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NoLandGrab: Someone ought to tell Atlantic Yards suporter Bertha Lewis, Director of ACORN NY, that her anti-gentrification plan might not work.

Posted by lumi at December 6, 2007 5:59 AM