Brooklyn’s Micro-Cconomy

How the borough will look in five years  If Brooklyn was not a borough of NYC, it would be the fourth largest city in the United States. As the borough of Kings slips out of Manhattan’s shadow, we see that the pillars that most define…

Spotlight on Retail

Much of Brooklyn’s job growth has spiked on retail as a potent combination of critical mass and their spending power is attracting the biggest players to the borough.According to the Center for an Urban Future’s Jonathan Bowles, approximately 11,000 retail jobs have been added there…

Spotlight on Commercial & Office

Ten years ago, when I opened the first office of The Developers Group, which later merged into MNS, in Dumbo, most of the businesses in the neighborhood were arts or art related—architects and business owned by people who lived in the surrounding community.  These were…

Spotlight on Light Industrial

Brooklyn is returning to its industrial roots. The manufacturing sector had been primarily concentrated to Greenpoint, Bushwick, Red Hook and Sunset Park. Today, the Brooklyn Navy Yard, with nearly 300 tenants—landscape architects, theater and set designers and metal fabricators, employing more than 6,000 employees—is leading…

Collapsible Helmets Wanted

What’s it going to take to get bike share participants to wear helmets? “The big challenge is it requires you to think ahead,” says Randy Swart, Director, The Bicycle Helmet Safety Institute. “It would be useful if someone would produce a collapsible helmet that meets…

Citi Bike by the Numbers

250 miles of bike lanes and protected routes in NYC.
656 miles of NYC Subway track.
40 percent. That’s how much safer City streets are with bike lanes.
36 million annual economic boost, in dollars, the bike share program will provide to NYC.

On-Demand Public Transportation

Why Citi Bike matters more than you think As a resident of Clinton Hill, Brooklyn, and a car owner, I’ve already welcomed Citi Bike into my life. Each morning, after taking my kids to school nearby, I use Citi Bike to get to a different…

Demand for Large Homes in NYC Reaches a Fever Pitch

The New York City property ladder has changed, mainly because New York has changed. The old story had America’s best and brightest move to Manhattan, meet a mate and move to Brooklyn and, with the arrival of children, exit for the suburbs. Today, however, that same family is choosing to stay, resulting in a shortage of the three-bedroom apartments they require.

Small Town (Make Room for thy Neighbors)

“Micro-apartments” is Bloomberg’s ingenious buzz-phrase heard around the world, and like much of this administration’s initiatives, it’s a response to market conditions—and it makes business sense. According to recently published census figures, more people are moving into New York City than are leaving—which reverses a…

Conversion Excursion

All developers understand the need to create inventory that meets today’s market demands. But when your challenge is to convert large apartments for occupants who share space, can you make accommodations that unlock untold amounts of dollars from a building? Sure you can, but only…