Downtown Brooklyn has transformed from a transit hub into New York's third-largest business district, with over 20,000 residential units delivered since 2010 and a pipeline still expanding. 150 Myrtle sits at the seam between Downtown Brooklyn, Fort Greene, and DUMBO — three of the five highest-appreciating submarkets in the borough over the last decade. The Brooklyn Tech Triangle alone now houses more than 1,400 innovation-economy firms, and BAM, City Point, and the Albee Square redevelopment continue to pull daytime foot traffic and retail spend into a half-mile radius of the building.
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