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If New York City keeps growing at its current pace, there will be over 9 million residents within the next two decades, up from 8.2 million last year. And they’re all going to need a place to live. Hence the Bloomberg administration’s announcement next month of a comprehensive plan to reclaim currently underused parcels of land for residential development. It could be a zoning change, an investment in a form of transportation, it could be park space, working with Con Ed and KeySpan on energy needs, said Dan Doctoroff, deputy mayor for economic development. Power plants take acres and acres of land, but if we’re going to grow we’ve got to provide that. One place the city will definitely be looking? The 1,700 acres of contaminated land, also known as brownfields. New technology may make it economically viable to reclaim the land. Obviously, a large portion of this growth is going to come in Brooklyn. What are the biggest potential ramifications of this combination of land reclamation and building boom for the borough’s current residents and the real estate market?
Photo from I’m Not Sayin, I’m Just Sayin


What's Your Take? Leave a Comment

  1. okay, loser. Don’t buy in bed-sty. Are you happy now. Or do you need to continue a little further, another day maybe, in your bashing of bed sty. Don’t buy there okay. There, we said it.
    Care to contribute anything else? Because you’re beginning to sound like a broken record.

  2. How about putting up some higher density affordable housing in neighborhood that remain riddled with empty lots? I work in Bed-Stuy close to Woodhull Hospital. There are seven vacant lots just down the street from my office, all on just one block. But all that’s going up in the vicinity are very small (very ugly) two-families with driveways.

    Bed-Stuy isn’t overly dense — the part where I work is depopulated! As of 2000, Brooklyn had 2,465,326 people. In 1930, Brooklyn held 2,560,401. There’s plenty of room in Brooklyn for more people. We just need the right kind of development and investment in infrastructure (easier said than done).