Brooklyn Navy Yard brings big changes and more jobs
The Brooklyn Navy Yard Development Corporation is expanding employment opportunities and matching local residents with available jobs after a successful year of new leases signed, existing tenants expanded, and 42 leases renewed—totaling 185,471 square feet occupied and over 300 jobs.
“These lease transactions are great news for our tenants, their workforces and the Navy Yard,” said David Ehrenberg, president and CEO of BNYDC. “This gives us further confirmation of our need to add new space as quickly as possible and give our tenants room to grow.”
What this means for the 300-acre industrial yard is the largest expansion since World War II, one that will create more than 1.5 million square feet of new space and eventually create up to 5,000 additional jobs.