September 28, 2017

How Brooklyn Could Make Room for Amazon’s Second HQ

The Bridge

Indeed, Amazon has unique needs for its new HQ—and they’d likely have to get creative if they land in New York City. An eight-page document spells out basic requirements: a metro area with more than 1 million people, a diverse population, high quality of life, abundant technical talent, strong university system, a business-friendly environment and access to mass transit.

There are just a few corridors in Brooklyn that could potentially meet the demand and would still require significant construction, said Ofer Cohen, president of the Brooklyn commercial real estate firm TerraCRG. Downtown Brooklyn has several sites that could accommodate dense development, “but there’s no one big site that could accommodate the requirement,” Cohen said. “It’ll need to be the assemblage of sites.” The Brooklyn Navy Yard also potentially offers enough space for new construction, he added.

Read more here.