Brooklyn’s Office Boom Isn’t Drawing Big Manhattan Tenants
- Big-name companies are so far staying away from large leases
- Kushner Cos., Boston Properties among developers with projects
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Brooklyn’s image as New York’s hub of hipness attracts residents from artists to bankers. Yet in at least one respect, the city’s most populous borough is struggling to live up to its hype.
A push to attract big-name companies for large offices in Brooklyn has so far come up short. Not one non-government employer has signed a lease for more than 100,000 square feet (9,300 square meters), a typical minimum size for a building’s anchor tenant, since mid-2015. Last year, the only deal that large was a renewal by the New York City Fire Department.