Lease Boom in Downtown Brooklyn

NEW YORK CITY-Downtown Brooklyn is booming, at least if activity from Forest City Ratner is any indication. The company has signed a number of leases in the area recently, totaling over 570,000 square feet, it was revealed yesterday. The leases include long-term, diverse tenants at spots in Two Metro Tech and One Pierrepont Plaza. Financial services, government and tech are all taking major chunks of space.

“Despite still-challenging economic times nationwide, we are delighted to report that five diverse tenants have entered into new leases at Two MetroTech Center and that Morgan Stanley has renewed for a substantial block of space at One Pierrepont Plaza,” Forest City Ratner chairman and CEO Bruce Ratner said in a prepared statement.