February 11, 2010
B'klyn hot spot
Downtown's population exploding
by Rich Calder
Brooklyn's fastest-growing residential neighborhood isn't in the Brownstone Belt from Brooklyn Heights to Park Slope -- it's all happening Downtown. New data show that since 2000, Downtown Brooklyn has gone from a struggling business district saturated with 99-cent stores to home to more than 9,000 people (see the map and census information [PDF]).
Interestingly, the Downtown Brooklyn Partnership itself locates the entirety of the Atlantic Yards footprint outside of downtown Brooklyn, something that would be news to Forest City Ratner, which has for years claimed the project was "downtown" rather than in the midst of the low-rise Brownstone neighborhoods of Fort Greene, Prospect Heights and Park Slope.
[Downtown Brooklyn Partnership President Joe] Chan also said he expects the area to be boosted by the $800 million arena planned for the Nets in nearby Prospect Heights. The arena is part of Bruce Ratner's $4.9 billion Atlantic Yards project, which was slated to bring more than 6,000 new units of housing before lawsuits and the credit crunch held it up.
Whether the rest of Atlantic Yards is built or not, Chan expects that "the impact of the arena will be historic," adding, "It's a game-changer for Downtown and the borough."
NoLandGrab: It'd be a "game-changer," no doubt.
Posted by eric at February 11, 2010 3:09 PM