
Downtown Brooklyn is a newfound point of interest for residential developments. Historically a base for office spaces, a rezoning spurred on a change in direction. To be sure, the Wall Street Journal reported that the dozens of Downtown Brooklyn's projects that made their start eight years ago will have provided more than 8,000 residential units. Indeed, there has been a marked increase in the median sale price for the area's condos, with StreetEasy noting a raise from $406,900 to $585,000 from 2009 to 2013. Additionally, a comparison of median sale price for condos, co-ops, and houses are at $909,806 for new developments, and $545,000 for resales. In particular, Flatbush Avenue Extension, Livingston Street, and Fulton Mall are all points of interest for developers.