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April 6, 2012

Brooklyn Office Vacancy Rate Puts the Lie To Ratner's Jobs and Tax Revenue Promises

Develop Don't Destroy Brooklyn

Looks like those 10,000 permanent office jobs Bruce Ratner and crew kept braying about all these years are going to happen...never. Can't have office jobs without an...office building.

Norman Oder reports on an eye-opening Real Deal article on the whopping 26.8% Class A office vacancy rate in Brooklyn and we eagerly await Dr. Zimbalist's mea culpa (which is more likely to come than the office tower Ratner has long promised)...

link

NoLandGrab: "More likely?" More like "as likely."

Posted by eric at April 6, 2012 10:56 AM