The Real Estate And Industrial Future Of Brooklyn
New York Times December 10, 1916
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The Real Estate And Industrial Future Of Brooklyn
So, replacing all of our industrial areas with high-rise developments isn't a good idea?
No kidding....What seemed to have been common sense back in 1916 has escaped our elected officials today.
Maybe the members of Community Board 6's Landmark/ Land Use Committee should take a minute to read the article above which appeared in the New York Times back in 1916.
Tonight, the members of the committee will vote on whether to spot re-zone the Toll Brothers' site from industrial to residential in advance of a larger rezoning for the shores of the Gowanus Canal.
I hope as many Carroll Gardeners as possible will attend the meeting.
Related reading:
Not So Fast, Toll Brothers!
New York Times December 10, 1916
To Enlarge click here
The Real Estate And Industrial Future Of Brooklyn
New York Times December 1916The future of Brooklyn real estate is bright because the industrial future of Brooklyn is bright. In the long run, real estate values are determined by basic conditions, and those who deal in real estate often forget the fact that the foundation of all community growth is industry....
The real dependence of cities upon industry is too often not recognized. An industry which gives employment to 100 men distributes each week the contents of a hundred pay envelopes, and this money supports the small shopkeepers, the restaurants, theatres,and even professional men like doctors and dentists.
So, replacing all of our industrial areas with high-rise developments isn't a good idea?
No kidding....What seemed to have been common sense back in 1916 has escaped our elected officials today.
Maybe the members of Community Board 6's Landmark/ Land Use Committee should take a minute to read the article above which appeared in the New York Times back in 1916.
Tonight, the members of the committee will vote on whether to spot re-zone the Toll Brothers' site from industrial to residential in advance of a larger rezoning for the shores of the Gowanus Canal.
I hope as many Carroll Gardeners as possible will attend the meeting.
The meeting will be held in the PS 32 Auditorium
317 Hoyt Street
Brooklyn, NY 11231
At 6 PM
317 Hoyt Street
Brooklyn, NY 11231
At 6 PM
Related reading:
CB6 Public Hearing On Toll Brothers Development
Toll Brothers Spent $365,000 On Lobbying For Gowanus RezoningNot So Fast, Toll Brothers!
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2 comments:
Katia this is actually a good theme and not just a historical note. I wrote something similar, to your blog, in relation to Toll Brothers and Gowanus. We need to assess the big picture. Yes we need housing but we also will sorely need jobs too right here in Brooklyn. We need an infrastructure to make doing business here attractive, housing is part of it but it needs to be affordable for lower wage workers too. Workers will want to live near where they work, travel is expensive. The Federal government will likely be willing to promote job programs and business development and not just for real estate developers as our mayor has done so well. Yes luxury housing went hand in hand with soaring Wall Street and home prices but we are facing seriously different times. We need to explore a wide group of options for the valuable land assets in Gowanus and Red Hook. We need some form of planned mixed use that takes into account the changes we have just experienced. A quick fix change to housing may not be the best thing now.
Vince
Hi Vince,
Absolutely. Our officials have been betting on the real estate market to keep this city going. It worked fine as long as the prices kept o going up. Now that they are falling, it is going to be painfully obvious that we have no fall back.
All the more reason to keep the businesses along the Gowanus Canal and to provide space for the small operations that do employ Brooklynites.
Toll Brothers' condo behemoth is not the answer.
It remains to be seen how our Community Board's Land Use Committee will vote tonight.
I'll be there to report back.
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