Downtown Brooklyn hits record pace in housing
Downtown Brooklyn is on track for a record-breaking year in housing development. According to a new report from the Downtown Brooklyn Partnership’s real estate team, the neighborhood is slated for its highest number of new units yet, Crain’s New York Business reported. During the first six months of the year, Downtown Brooklyn saw more than 3,700 units completed, with another 1,183 set to be finished before the end of 2025. This breaks the area’s previous record of 2,925 units completed in 2022. Of those units, 3,334 were finished between April and the end of June, with 1,048 designated as affordable. […]
This article originally appeared on The Real Deal. Click here to read the full story.
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