Abandoned in Brooklyn
It’s a sad state of affairs when “stalled projects” and “abandoned Brooklyn” become new buzzwords, at least among those who trade in real estate news gossip in our fine city. Yet, it’s hard to deny all of these construction pits that have been lingering for far too long – even with new City incentives to finish what they started, there’s just not enough financing and demand around to get these things up.
Williamsburg along with the rest of the City is suffering from a huge economic and real estate meltdown and the growing number of stalled projects is becoming a bad joke for Williamsburg haters. Yet, we doubt this will deter everyone from the 11211, which prior to its yuppification was home to those more comfortable with the apocalypse then baby strollers. There’s always a good side and a bad side to this reversal of fortune, and for those who longed for Williamsburg’s yesteryear, now is the time to jump on abandoned mattresses and reclaim the neighborhood.
photo: “stalled” project across Miss Favela (which is still partying like its 1999) in South Williamsburg, Brooklyn.
credit: Brooke Moreland
