Gowanus Lounge: Serving Brooklyn

Bklink: Now is the Time to Rezone

August 13th, 2008 · No Comments

link-asterisk.jpgSo, the slowing real estate market is now making rezoning property–say, from manufacturing to residential–more attractive to developers. “In the height of the market, a lot of developers just wanted to buy it, develop it and get out,” on real estate lawyer says. “A rezoning can take two to three years. Now is a good time to be doing that.” In every cloud, a silver lining.–NYT

Tags: Rezoning · Shortlink