Home > Gentrification, Real Estate > The Myrtle Avenue Recovery circa 1997

The Myrtle Avenue Recovery circa 1997

While things may slow down a bit in the near future, the Myrtle Avenue recovery described in this 1997 article has come to fruition. Many of the recent changes can be credited to the Myrtle Avenue Brooklyn Partnership and the Myrtle Avenue Business Improvement District.

John Catsimatidis, soon to be a mayoral candidate, is mentioned in the article. Looks like he’s been waiting a long time to build his luxury condo project. How long do you think it will take to displace all the NYCHA residents and turn the projects condo? The next years should be interesting…

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