The Transformation of Brooklyn's Skyline

Aug. 20, 2015 — Brooklyn is changing a lot. Prices are soaring so high they are starting to reach Manhattan-levels, and now, thanks to new development, the skyline is starting to reflect that change. In its most recent Brooklyn New Development report, CityRealty confirms that the skyline is transforming "as developers add tens of thousands of new rental and condominium apartments to the borough." Anyone who still thinks Brooklyn is synonymous with single-family houses need only check out the number of buildings with 20 or more units currently under construction — many of them, says CityRealty in its report, rising 10 or more stories and dramatically changing the built environment. CityRealty also anticipates the pace of building to outpace the previous decade, with nearly 5,000 new apartments in 2016 and nearly 6,000 in 2017.