Kreinin Souccar, Miriam
May 2009
Crain's New York Business;5/18/2009, Vol. 25 Issue 20, p1
The article reports that businesses are preferring Brooklyn, New York City, over Manhattan, despite falling rent prices in Manhattan. When Etsy, an online marketplace for handmade goods, outgrew its 5000-square-foot space in downtown Brooklyn, it considered moving its office to Manhattan. Even after checking out several spaces in midtown south and TriBeCa that offered rents on par with Brooklyn prices, the firm decided to stay in the borough and signed a lease for space in Dumbo.


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