Wednesday, June 13, 2012
Is the “New” Brooklyn Economy For Real?
Posted
by Adam Bonislawski
on Wed, Jun 13, 2012 at 9:22 AM
Page 4 of 15
QUESTION:
Is there such a thing as a "new" Brooklyn economy? An economy driven by a flexible, often self-employed creative class? Can this kind of economy—part information, part artisan, ever changing—sustain a city like Brooklyn?Jonathan Butler
Brooklyn Flea and Brownstoner
Yes. Brooklyn, along with like-minded cities around the world like Berlin and Portland, is leading the way in reinventing a new kind of entrepreneurial economy that combines the new opportunities opened up by technology and the Internet with a yearning for old-fashioned values like creative fulfillment and a sense of community. Despite its obvious entertainment value (Hello, Portlandia!), the values and economic power of this movement are very real and, like it or not, Brooklyn has become a global brand synonymous with these qualities. In Brooklyn’s case, this new economy—exemplified by the flowering of world-class restaurants and markets—has helped fuel the transformation of neighborhoods from DUMBO to Williamsburg to Bed-Stuy, making them increasingly popular places for families to put down roots and invest in their communities.
Tags: New Brooklyn Economy, artisans, entrepreneurs, income inequality, Jonathan Butler, Neil Smith, Morris Levy, Ashley Zelinskie, Sharon Zukin, Lincoln Restler, Dennis Farr, Marty Markowitz, Sara Horowitz, Allison Robicelli, Nikil Saval, Halimah Marcus