New York, NY – Brooklyn Navy Yard Has Become An Economic Engine For The City

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    Photp credit: WikipediaBrooklyn, NY – Here’s good news: A stunningly resurgent Brooklyn Navy Yard is proving that, after long withering, manufacturing can thrive in New York City.

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    Occupying 300 acres on the East River, the yard had a storied history as a military ship-building installation until the Navy pulled out four decades ago, taking 7,000 jobs and leaving dry docks, piers and buildings to molder.

    The city bought the land and designated the tract an industrial park in 1971. Effort after effort to put the yard to productive use then foundered. With factories across the boroughs shutting, there was no call for new ones.

    Over the past 10 years, that changed, and the not-for-profit Brooklyn Navy Yard Development Corp. skillfully began to provide accommodations for a wide range of businesses.

    Since 2000, the yard has grown from 3,600 jobs to 6,000-plus at 275 companies, occupying 4 million square feet of space. Under the leadership of President and CEO Andrew Kimball, it’s adding 2 million more square feet and 2,000 positions.

    One hundred firms are on a waiting list to get space on the property, which charges market-value rent, provides good infrastructure and spares tenants hassles like security and parking tickets.

    The Brookings Institution, a leading Washington think tank, recently offered the success on the Brooklyn waterfront to the federal government as a model for development of urban manufacturing concentrations across the U.S.


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    6 Comments
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    yuneeq
    yuneeq
    11 years ago

    Yep the navy yard is good. My friend is also moving his company there soon/

    11 years ago

    I keep on hearing adding job to the local community, can someone please provide me with any info where or how to aplly for a job in the navy yard???

    concerned_Jew
    concerned_Jew
    11 years ago

    this is great news for NYC. A success story of innovation and creative ideas to create jobs and opportunities for profit.

    11 years ago

    It is too bad that former Secretary of Defense Robert MacNamara closed the Brooklyn Navy Yard in 1965. The Brooklyn Navy Yard sawt many aircraft carriers, battleships, destroyers, and cruisers, built during its long history. During World War Two, there were thousands upon thousands of workers employed there, as well as thousands of service personnel. The battleship Missouri, where the Japanese formally surrended in Tokyo Bay, on Sept. 2, 1945, was built in the Brooklyn Navy Yard, in 1943. The closing of the Brooklyn Navy Yard, was a purely political move, as the Boston Navy Yard (where an important political family was from), was not closed, nor was the Norfolk Naval facility, or the large naval facility at San Diego closed.

    Aryeh
    Aryeh
    11 years ago

    The Lubavicher Rebbe, ZTK”L worked in the Navy Yard for a time as an electrical engineer on the Missouri.