Industry City rezoning scrapped, Brooklyn buying boom, & more
Plans for a major expansion of Brooklyn's Industry City are being scrapped as developers pull the rezoning application (NY1)
August saw a big increase of buyers in Brooklyn—pending contracts were up nearly 40 percent from last year, according to a report by StreetEasy (press release)
Gowanus is being used as a case study in how climate data can inform better urban design (Commercial Observer)
Online listing site Zillow is launching a brokerage to support its iBuying ventures (The Real Deal)
The Metropolitan Opera, closed because of the coronavirus pandemic, won’t reopen for another year (The New York Times)
Say farewell to the traditional Times Square ball drop on New Year's Eve—like everything else, it's going virtual (Gothamist)