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BROOKLYN, NY-Twelve businesses signed leases, renewed leases or expanded operations at the Brooklyn Navy Yard. The firms collectively occupy more than 171,000 sf at 3.5-million-sf property.
Owned by the city and managed by the not-for-profit Brooklyn Navy Yard Development Corp., the 300-acre Navy Yard is home to more than 230 private-sector tenants employing approximately 4,500 workers. It is largest, single-landlord industrial park in the city.
Among the dozen businesses are a bedding manufacturer, a sand and stone distributor, a kitchen cabinet manufacturer, a photography studio and an art installation firm. The yard currently consists of 40 rentable buildings and is 98% occupied. An expansion is expected to add one million sf of commercial, industrial and retail space to the property.
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