New York Growing Industry

IncSmart New York (Small Business and Startups) - New York growing industry in high tech is a boom for Brooklyn.  Technology is changing Brooklyn real estate and driving economic growth.  Brooklyn is booming after the era of industry moving from the US.  The empty factories and warehouses are in demand and real estate prices are increasing, as Brooklyn experiences rapid growth.   Brooklyn also has a number of Opportunity Zones with tax incentives.  The Trump Opportunity Zones were passed as part of the Federal Tax Reform Bill of 2017.  These zones are low income and economically depressed areas.  

The Brooklyn Navy Yard is getting it's first high rise building in decades with the opening of Dock 72.  Dock 72 has 16 floors and over 700,000 square foot of space.  Dock 72 is just one of many projects changing Brooklyn.  The first of several new stops for the New York Ferry on the East River not includes the Brooklyn Navy Yard.  This new stop will connect over 9000 people who work at the Brooklyn Navy Yard to the rest of the East River stops to Astoria.  The Brooklyn Navy Yard intends to add an additional 10,000 jobs.