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Brooklyn Development Spotlight - zip codes with most development activity

Brooklyn Development Spotlight

A common view in Brooklyn is one with multiple cranes and buildings being constructed. Where is the most development activity occurring today and where may we see activity occur moving forward?

Zip Code Neighborhood Buildings Breaking Ground in 2015
11221 Bushwick/Bed-Stuy 83
11211 Williamsburg 47
11207 East New York 42
11219 Borough Park 37
11216 Bed-Stuy/Crown Heights 35

Three of these neighborhoods (Bushwick, Bed-Stuy, and East New York) are also rated as some of the most "Developable" neighborhoods in Brooklyn. Zoning guidelines dictate how much square footage can be built by developers. If a specific block has 70,000 square feet of living space but zoning guidelines allow that block to contain 100,000 square feet of living space, we call that block 70% developed. The average development level in Brooklyn is currently 81.5%. What are the least developed neighborhoods in Brooklyn?

Zip Code Neighborhood Development Level
11212 Brownsville 50.4%
11226 Flatbush - Ditmas Park 61.1%
11207 East New York 67.2%
11221 Bushwick / Bed-Stuy 67.3%
11225 Prospect Lefferts Gardens 68.9%

In the eyes of developers, Bushwick, Bed-Stuy, and East New York are nowhere close to 'reaching their potential'. If you live in one of these areas, get used to the cranes and construction fences, as development activity should not be expected to slow down.