TerraCRG Partner Dan Marks said the Brooklyn market feels more active than it did this time last year. He has also noticed that the newly formed opportunity zones are attracting a lot of attention.
“This market has really never suffered from a lack of interest from buyers … [but] this new opportunity zones discussion has really opened up a lot of people’s eyes in areas that will be affected by the program,” he said. “It may compel a seller to think about maybe selling some larger development sites, since it might be a little more competitive now.”
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