Science and Technology of New York City

Macaulay Seminar 3 – MCHC 2001

Science and Technology of New York City

In Gowanus, Big Development Can Wait

October 5th, 2012 · 1 Comment · Gowanus Canal

The author of this article is Mark Santora, who is a New York Times reporter.  The article focuses on the history of the Gowanus Canal.  Prior to the declaration of the canal as a superfund site, the land around the canal was extremely lucrative.  Land brokers and developers were after property owners, as the canal ran through Carroll Gardens and Park Slope, two of the most expensive neighborhoods in Brooklyn.  However, after the canal was declared a superfund site, nobody wanted these lands anymore.  As such, numerous large warehouses were just sitting by the sides of the canal.  Surprisingly, after a few years, bars and restaurants started to open up in these depots and warehouses.  In addition, houses that were previously worthless, were now being sold for millions.  Somehow, the declaring of the Gowanus as a superfund site along with the numerous projects aimed at making the Gowanus a place of beauty made the surrounding property extremely desirable once again.  This is a news article, and therefore not biased.

 

http://www.nytimes.com/2011/07/31/realestate/gowanus-big-development-can-wait.html?pagewanted=all

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One Comment so far ↓

  • tlewis

    James, Be sure to provide a proper citation. Looks like an interesting article. Reconsider this statement: “This is a news article, and therefore not biased.” Is news unbiased?

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