NEW YORK—Rents are climbing in Brooklyn, and real estate deals made in the first month of the year have those in the industry optimistic about 2012.
“Brooklyn’s real estate future is truly bright,” said Brooklyn Borough President Marty Markowitz on Tuesday. Markowitz congratulated NYU-Poly on its recent expansion, bragged that various publications have recently featured Brooklyn as a prime destination, and advocated for more seafood companies in Brooklyn.
“Another company that belongs in Brooklyn is Apple,” said Markowitz. “Last week I challenged Apple CEO Tim Cook to do something else besides an Apple store, and that is a manufacturing facility in Brooklyn.”
Markowitz spoke at the first of four yearly Brooklyn Real Estate Roundtables, a quarterly meeting of industry professionals at the Brooklyn Historical Society. Attendees expressed a positive outlook for 2012, predicting a turnaround from previous years.
Barclays Center and Surrounding Real Estate