May 9, 2019

Real-estate Developers Say Community Is a High Priority

Mentions News

The Bridge BK

On the commercial-property side of the business, a 2018 year-end market report published by TerraCRG, the firm that hosts the Only Brooklyn conference, showed strong growth. “The Brooklyn commercial real estate market remains active with $7.4 billion in total dollar volume, a 15% uptick from 2017. That figure is consistent across a five-year basis,” the report said. “This activity has foreshadowed what has already been a vibrant start to 2019.”

It was under such favorable conditions that several hundred members of the local real-estate industry gathered to discuss the borough’s future, starting with a panel titled “Brooklyn’s New Vision,” moderated by TerraCRG founder Ofer Cohen.

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