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A new Real Deal article takes a look at how the impending arrival of Ikea is going to affect real estate values in Red Hook and notes that some see the Swedish retailer’s opening as a possible indicator of things to come: Namely, more big-box stores. “A lot of owners right now are waiting to see what happens with Ikea,” says Landon McGaw, the Red Hook sales director for Massey Knakal Realty. “I think there’s tremendous opportunity in big-box retail that would make the neighborhood a weekend shopping mecca. Some smaller business owners, like the Good Fork’s Ben Schneider, believe that Ikea will bring more customers to their establishments and eventually lure more big-boxes. What that means for the future of possible residential conversions like 160 Imlay Street remains to be seen.
Ikea’s Design for Red Hook [The Real Deal] GMAP
Man on the Street: How’re You Feeling About IKEA? [Brownstoner]
Red Hook IKEA: Planning at its Worst? [Brownstoner]


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  1. Sorry but Red Hook is not going to become nicer or become anything (other then an industrial area w/ Projects) w/o a subway. There is 60 years of history to prove that. Despite optimistic predictions from Barbara Corcoran and incredible views.

    Ikea and all these big box stores fit right in with the desolate ugliness that is Red Hook – now and likely forever

  2. Some one had to say it so I guess it might as well as be me, but this is gonna cause a traffic nightmare! I drive all over Brooklyn and, as others have said, Red Hook is a super-confusing mess. I hope they do paint the streets blue and yellow coz people are gonna need the directions.

  3. Hurrah for Ikea! The savior of Red Hook! We anxiously await the arrival of the masses of particle board worshippers. Red Hook would be lost without you.

    You can count on lots more feel good articles like this as the Ikea marketing machine gears up for the opening.

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