Archive for July 13, 2016

From DUMBO and Atlantic Avenue’s boutiques to Downtown Brooklyn’s new retail space, Brooklyn’s growing retail sector has turned a “bedroom community” retail market into a hotbed of growth, spurred on by fast moving growth in the real estate market which has defied nationwide trends and a continuing exodus of Manhattanites.  Even some parents of Brooklyn hipsters who themselves grew up in less-than-hip ’60s Brooklyn are returning to retire in Brooklyn and spend time with their families.

As Brooklyn’s retail sector grows,

We are living in an age of unprecedented levels of employment among working families.  In 2015, just 6.9 percent of families in the United States included an unemployed person, down from 8.0 percent in 2014.  In fact, a whopping 80.3% of families in the United States comprised of at least one employed member in 2015.

But more employment for working family members in New York has not necessarily translated into more opportunity and well-being for those employed, particularly for those working