Slow road ahead for Bklyn new developments?
As I was perusing the web this morning, I found this article, which does not bode well for The Washington or for the rest of Brooklyn. According to the Real Deal, Brooklyn new developments have been unnecessarily delayed by so-called 'expediters,' people whose job it is to assist architects and owners in getting Department of Buildings approvals. Their tactics include calling into make fake appointments, and then selling them to the highest bidder.
Article makes an interesting point that thru the first half of 2004, Brooklyn has had more new applications than Manhattan.
I'm sure this has a trickle down effect for the rest of the development process, from inspection to CofO to occupancy. We'll wait and see...