Amid a citywide slump, a local exception
Published: September 25, 2009
Lagging during the boom, Bedford-Stuyvesant is moving ahead during the recession. LISC MetroEdge's market research for this Brooklyn, NY neighborhood is cited in this NYTimes.com article.
Excerpt:
Residents also have been starving for new businesses. Michael Amirkhanian, a broker with Massey-Knakal Realty Services, cites a 2008 study by the market research firm LISC MetroEdge showing that Bedford-Stuyvesant residents have been spending more than $30 million in bars and restaurants elsewhere.
“You have real consumer buying power,” he said, adding that these dollars “are going to Downtown Brooklyn and the city.”
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