NEW YORK CITY-The Fourth Avenue corridor in the Park Slope section of Brooklyn has failed to attract more street activity due to poor building design. About 859 new apartments are either already completed, under development or still in planning since the rezoning in 2003.

However, most of the buildings have concrete slabs, air vents or parking garages at the street level instead of cafes or shops, which led to severe criticism. Now, City Planning officials are cautious about rezoning efforts and are including retail space compulsorily in each building. For the full story, go to Wall Street Journal.


GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.