New Development Towers Going up in Cypress Hills, Brooklyn

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As real estate agents, we have the ability to choose where work — to an extent. If it was up to me, I’d only take listings as close as possible to where I live — so in Williamsburg and the neighborhoods adjacent to it — Greenpoint, Bushwick, and Bed-Stuy. 

But sometimes, you don’t alway choose where you work—and back in May, I found myself heading out to Cypress Hills, Brooklyn, to show an apartment. I only speak negatively about it because of the commute time – which, in the end, wasn’t too bad. The commute was ten stops from Williamsburg on the J train — about thirty minutes total. For this specific listing, I would exit at Alabama Avenue and then walk about seven minutes to the building. 

I had spent a little time in Cypress Hills a few years ago, mostly during Pandemic, when business was slow. Back then, I went on some longer bike rides, and during one, discovered Highland Park and Forest Park, on the north-side of Cypress Hills, which has some nice bike paths.

But this listing was south of the park, on Fulton street. 

Walking from the train to the apartment, I was extremely surprised — but maybe I shouldn’t have been — with the amount of new development projects (see: towers) under construction in the area. It wasn’t just that they existed —  it was their size – tall, wide, new buildings, finished or seemingly close to completion, lining Fulton Street and the surrounding streets. It seemed to me that many small two or three family brick buildings were being replaced with these new development towers (I should check the zoning of these buildings – I’d be curious to know if there’s some zoning which allows for such extensive development).

I guess the volume of construction isn’t too surprising — demand for housing in Brooklyn is plentiful. In addition to that, five years ago, a landlord who was always building in North Brooklyn —  in Williamsburg and Bushwick — built several new buildings in East New York, just south of Cypress Hills. 

And relatively speaking, these neighborhoods are only about a thirty five minute trip from Manhattan – it’s not that much of a commute if someone is working in the city.

Need help with something out here — sales or rental related? Feel free to give me a call.