Account of Downtown Brooklyn luxury living ignores failure to require affordability in upzoning. Serhant swivels from promoting "park" to in-building lifestyle.
Downtown Brooklyn’s rise as a luxury-living destination happened almost despite itself. In the 20 years since its rezoning, 22,000 new apartments have been built with 8,000 more on the way, and each luxury tower seems to function as a self-contained little universe for its contented inhabitants.
The benefit is price compared to Manhattan, with a quick commute, as well as a relatively short walk, depending on location, to Brooklyn Heights and Fort Greene, or Barclays and BAM. So, while the Williamsburg and Greenpoint waterfronts offer great views and green space, they're far from the subway.
It's interesting to hear Ryan Serhant, the real-estate agent whose firm markets Brooklyn Point, saying, “You have an amazing view, a 25-year tax abatement, low monthlies, two pools. You’re like, ‘You know what? This is actually okay.’ Everyone has a checklist. And more people chose quality of life inside their apartment than ever before.’”
So this latest article could've quoted from New York's profile last year of former Deputy Mayor Dan Doctoroff:
Rezoning Downtown Brooklyn did not produce the new office district that he insisted New York needed in order to compete. It did create a high-rise residential neighborhood but whiffed the opportunity to include abundant affordable housing.
Treading lightly on DTB
But the neighborhood still feels, in the words of one of the few residents who has lived there since the late ’90s, “unformed.” People queue up for social services on Schermerhorn Street a half-block from Chelsea Piers, where memberships run around $300 a month. It’s a maze of construction fences, and the dining scene is dominated by fast-food franchises...
Fulton Street Mall is one of the city’s busiest shopping areas. And while there have been successive attempts to make it wealthier and whiter since the 1960s, it has always been a thriving retail district, says Meredith TenHoor, an architectural and urban historian at Pratt, who co-wrote Street Value, a book about the area.
Well, that's because buses and trains bring workers, shoppers, and social services clients from all over Brooklyn, notably working-class Black neighborhoods.
schermerhorn & bond is a nexus that includes the goodwill store and that pricey hotel. there's a tower where there used to be a homeless intake shelter. they built their luxury where the most desperate people came for help.
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