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February 9, 2012
Is this the start of a Barclays Center gold rush?
The Brooklyn Paper
by Eli Rosenberg
The oddly shaped sporting goods store has already gotten the attention of McDonald’s, which eyed the triangular lot bounded by Flatbush Avenue, Fifth Avenue, and Dean Street, a spokesperson from the burger purveryors said.
TerraCRG, the real estate company marketing the Triangle Sports property, has been using the site’s location just steps from the entrance of the Barclays Center — where the Nets are scheduled to take the court this fall after concerts by rap mogul Jay-Z — as one of its main selling points.
“The Barclays Center and Atlantic Yards development will add exponentially to this demand, causing rents in the already scarce available retail space to surge based on proximity to the stadium,” the firm wrote in a glossy pamphlet marketing the property.
NoLandGrab: But don't worry, surely Atlantic Yards won't cause residential rents to go up, displacing lower-income residents. Right?
Posted by eric at February 9, 2012 10:07 AM