Downtown Brooklyn Development
Regina Myer and Paul Travis explain why there is a strong demand for commercial and office space in Downtown Brooklyn.
“I see three factors at play. We are offering quality office space at a lower price point than Manhattan; there are tax incentives available for companies that come to Brooklyn; and, last but not least, the fact is that Brooklyn is where the talent pool is located.” – Paul Travis
“We get calls from companies wanting to move to Downtown Brooklyn, but with the lowest commercial vacancy rate in the city, there is nothing available. We are losing these jobs to other neighborhoods and even cities outside of New York, so having this new Class A office space is critical.” – Regina Myer