Brooklyn Boro

Brooklyn Today May 22: Brooklyn’s Raging Real Estate Boom Hits a Calm Patch

May 22, 2018 Brooklyn Daily Eagle
good-morning.png

Weather, Brooklyn (NWS): Day 67°, Night 59°, Chance of Showers then Showers Likely


Send tips to [email protected]. Click here to signup.


Follow us on Facebook, Twitter and Instagram.
 

DAILY TOP BROOKLYN NEWS
News for those who live, work and play in Brooklyn and beyond

THE LEDE: Happy Tuesday, Brooklyn! An Eagle reporter learns how to save lives, the borough’s real estate boom hits a calm, and Picasso comes to theColumbia Street Waterfront District. Plus, a Brooklyn doctor says the DA’s office ruined his life, the Gowanus Expressway gets a new art installation, and young people covet amenities in their Brooklyn apartments. Finally, an interfaith celebration takes place in Sheepshead Bay, we go inside WeWork’s co-living project, and the Islanders are set to make a new hiring.                    
 
IMPRINT: Actress Mindy Kaling poses in green on the June cover of Shape.

 ____________________________
The Rundown
 

~BROOKLYN’S RAGING REAL ESTATE BOOM HITS A CALM PATCH: In the long-running saga of Brooklyn’s real estate boom, a bit of stability seems to have emerged. Tech and media companies keep reliably migrating from Manhattan to Brooklyn. The oversupply of new rental apartments in theDowntown Brooklyn area seems to be easing. And the development of amenities in both residential and office buildings seems to be meeting rising expectations. Those were among the trends noted at the Only Brooklyn conference hosted last week by the TerraCRG commercial-realty group at BAM, where more than 40 industry experts offered their views. (The Bridge via Brooklyn Eagle)
 
~BROOKLYN SCULPTOR BRINGS ‘PICASSO’ TO COLUMBIA STREET WATERFRONT DISTRICT: Brooklyn artist Elliott Arkin has exhibited all over the world, but his latest project will be in his own neighborhood, the Columbia Waterfront Street District. “The Spanish Gardener,” a 10-foot mixed-media sculpture showing famed Spanish artist Pablo Picasso mowing a lawn, will be on view at the corner of DeGraw and Columbia streets from June 1 to July 15. Arkin’s largest work is a continuation in his series “The Peaceable Kingdom,” depicting famous artists as gardening lawn gnomes. (via Brooklyn Eagle)
 
~BROOKLYN DOCTOR SAYS DA’S OFFICE DESTROYED HIS LIFE: Three years ago, Brooklyn cardiologist Abdul Q. Malik was arrested, but later cleared, of taking part in a scam that recruited homeless people, giving them unnecessary tests and defrauding Medicare and Medicaid. Now, he’s suing the city and the Brooklyn District Attorney’s Office for $75 million. Although he wasn’t convicted, Malik was fired from New York Methodist Hospital, and most insurance companies ended their business relationship with him. “It took me a lifetime to establish a practice … it vanishes right in front of your eyes,” Malik told the New York Post. (New York Post via Brooklyn Eagle)
 
~DESIGN INSTALLATION LAUNCHED UNDER GOWANUS EXPRESSWAY:The art and landscaping installation El-Space, located under the Gowanus Expressway at 36th Street and Third Avenue adjacent to Industry City, was unveiled on Thursday. It incorporates the brightly-painted pillars of the elevated expressway itself, plantings, drainage pipes and more. “It’s the product of a five-year, critical exploration in how New York City can better activate the forgotten, unfriendly spaces beneath aging elevated infrastructure,” Untapped Cities said. (Untapped Cities via Brooklyn Eagle)
 
~AMENITIES SEEN AS MAJOR FOCUS FOR YOUNG PEOPLE’S APARTMENTS: Young professionals are expecting a high degree of amenitiesin their Brooklyn apartments, and these are often more important to them than what most people consider the basics. Seth Pinsky of RXR Realty said that many young people are looking for something “somewhere between a college dorm and an apartment, where the common space is much more important, where perhaps you’re willing to share elements of the apartment as long as you have a room to yourself.” (The Real Deal via Brooklyn Eagle)
 
~LEARNING TO SAVE A LIFE WITH ONLINE LESSONS, PRACTICE DUMMIES AND TALKING DEFIBRILLATORS: If a sleep-deprived Brooklyn journalist can learn to save a life, anybody can. Early Friday morning, one of our reporters was gulping down tankards of green tea in a losing bid to fend off sleep following two all-nighters. There was nothing more appealing at that moment than the thought of a cozy bed. But she was booked for a training session with the Red Cross to relearn CPR and basic first aid, and to find out about something called AED. Here’s what she learned(via Brooklyn Eagle)
 
~JEWISH, MUSLIM TEENS SHARE INTERFAITH DINNER: In the Middle East, some Jews and Muslims may be fighting it out, but in Sheepshead Bay, youthful members of the two religions got together on Thursday for aninterfaith celebration of Iftar, the monthly meal during the Islamic holy month of Ramadan. “Many issues set Muslims and Jews apart. This event shows we’re still united,” Tomer Kornfeld, who attended the dinner said. The young people came from the Kings Bay Y at 3496 Nostrand Ave. and the Brooklyn Amity School, which has a large Turkish-American population.(Brooklyn Daily via Brooklyn Eagle)

____________________________ 
Staff Picks:   
 

LONG READ: Uber vs. the World: How the ride-hailing app’s aggressive growth in New York City led one black-car driver to kill himself(via New York Magazine)
 
ANOTHER LONG READ: “This Armada of Saildrones Could Conquer the Ocean” (via Bloomberg)
 
CITY LIVING: WeWork is popular as a co-working space, but did you know it also has a co-living project? GQ goes inside the “utopian apartment complex” that’s half college dorm, half luxury condo. (via GQ)    
 
CARTOON: America adopts a new foreign policy under President Trump.(via The New Yorker)

-->

 
____________________________    
 

NATIONAL BULLETIN: A father in Pennsylvania takes his late son’sgirlfriend to prom…The U.S. Postal Service announces its first-ever line ofscratch-and-sniff stamps…And the incoming NRA president blames America’s mass shootings on Ritalin(via Public Opinion, KXAN and Huff Post)             
 
FOREIGN FLASH: Congo begins to vaccinate against Ebola…Venezuelan President Nicolas Maduro wins re-election, though many call the vote “a sham“…And scientists say Mumbai’s glowing blue waves may be caused by climate change. (USA Today, CNN and WaPo)                                     
 
____________________________
 ROYAL WATCH: Serena Williams
 dominated the beer pong table atPrince Harry and Meghan Markle’s wedding after party(via The Sun)

 ____________________________
BROOKLYN TONIGHT     
 

11:00AM – 6:00PM — Art as an Inspiration for Wellness at Columbus Park.Details.
 
12:00PM — The Everlasting Legacy of Audrey Hepburn at 92nd Street Y.Details.  
 
4:00PM — Monograph in Motion: Beyer Blinder Belle at Brooklyn Navy Yard.Details.
 
5:45PM — The Future of Coca Industrialization in Colombia: A Pathway to Development and Peace at New York Open Center. Details.
 
6:30PM — One-Track Mind: Drawing the New York Subway at The General Society Library. Details.
 
6:30PM — The Written World: The Power of Stories to Shape People, History, Civilization at Morgan Library & Museum. Details.
 
7:00PM — The Future of al-Qaeda at National September 11 Memorial & Museum. Details.
 
7:00PM – 9:00PM — Practice Your Pitch: Communicating Your TV & Film Ideas at BRIC Arts Media. Details.
 
7:30PM — Mary Gaitskill Presents “Somebody with a Little Hammer” at Greenlight Bookstore. Details.
 
7:30PM – 9:30PM — America: A History in Cats at House of Wax. Details.
 
      
____________________________
EAGLE SPORTS: “Lou Lamoriello will be hired to run Islanders’ hockey operations”

 ____________________________
MILESTONES
 
Happy birthday to Charles Aznavour, Richard Benjamin, Daniel Bryan,Naomi Campbell, Frank Converse, Novak Djokovic, Ginnifer Goodwin, Tommy John, A.J. Langer, Lisa Murkowski, Peter Nero, Mick Tingelhoff,Tatiana Volosozhar and Garry Wills!
 
Brooklyn Today’s editor is Scott Enman. Contact him at[email protected].


Leave a Comment


Leave a Comment