Nets Move (Offices) To Brooklyn

its worth it

You are 7 years too late for that. In 2005, that very building was already rennovated to become residential. The reason was because HSBC, who bought out WSB that year, didn’t need all that space, so they agreed to make it residential property instead. Although the building was the headquarters for WSB until they were bought out, a good number of dentist offices located there. In all honesty, everytime I look at this building from NY Bay or even the East River, it looks like someone giving the finger.

Metrotech has transformed downtown Bklyn. All those new residential buldings dont get built if the thousands of office workers didnt come and make the area feel populated. That’s one reason you’re incorrect about "moving office jobs to an area doesnt help the area". Other reasons: The new workers shop in the area, eat lunch there, use local vendors, and over time they relocate closer. Local people apply for job vacancies as they occur (more than people who live far away.)
 
Brooklyn is USA’s 4th largest city. It’s been a sorrow how dead the downtown has been for decades and it’s now way more hopeful, with all the new office and residential coming in. Ratner did as much to start that ball rolling as anyone.
 
BTW Tal I agree with you about the middle finger form factor of 1 Hanson Place. It’s probably a good place to live now. I want to live near the last knuckle.

PigDaddy3, it has been proven numerous times that MTC was hardly a success. If it was so prestigious, then how come a lot of private businesses didn’t seem to locate there? The place was such a white elephant that it had to have a number of government agencies from both the city and state locate there. Do you know any other private buildings or complexes that have the government locate there that aren’t of FCR? Just look at his website on that place and you will see why most of those located there are of the government, and they are also in his malls. Working there didn’t mean that they lived there. Why didn’t JP Morgan Chase hire locals if it was about them rather than just relocate their existing employees? You misinterpreted that, because I never said that they hired from the area. If those relocated employees were really shopping in the area, then explain why a number of local businesses in that area closed down as prices went up such as Gage & Tollners did in 2004 after the rents went up, and the owner was told to do an expensive rennovation on saying that many will dine there when that wasn’t the case. Just go to MTC after working hours or on weekends and you will see how quiet it is. For more on the failures of MTC, I suggest reading it on the AYR, because Oder exposes a lot about that place. Don’t forget that downtown Brooklyn lost a lot of historic architecture for this, and a website such as Brooklyn Pix shows what it looked like before he destroyed it. In a way, one can call MTC a Robert Moses-esque idea. BTW, the state is subsidizing the office space that their agencies are paying rent for, which is really robbing us taxpayers, but I guess you don’t care about that. Just like the AY, MTC is another walled community no matter how you look at it, plus you can’t even cut through it unlike the WTC despite the superblock it has.