Author Freudenheim on Book: 'The Brooklyn Experience' (Audio) - podcast episode cover

Author Freudenheim on Book: 'The Brooklyn Experience' (Audio)

Jul 11, 201611 min
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(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Ellen Freudenheim, author of her fourth guidebook, “The Brooklyn Experience,” on the explosion of business, culture and development in Brooklyn.

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Broadcasting Live to New York, Bloomberg eleventh, Brio to Washington, d C, Bloomberg to Boston, Bloomberg twelve, unders to San Francisco, Bloomberg nine to the Country, sees at DAMN Channel one, and around the globe the Bloomberg Radio plus Appen Bloomberg Got Gone. This is taking Stock. I'm Kathleen Hayes along with Pim Fox. You know, from Paris to Rio. Everyone's curious about hot New Brooklyn. It seems like people from

overseason they know you're from Brooklyn. They think you're the hipster, not the people who have in Manhattan anymore. Well, a new book, The Brooklyn Experience, Ellen Freudensheim's fourth comprehensive Brooklyn guide books. She's going to tell us all about what's really going on. There's the true insiders guide him. Of course, she moved over to Brooklyn years ago when the neighborhoods were cheaper and it was really just starting to come

up to what it is now. For example, in the last ten years, private sector employment in Brooklyn grew by twenty that's faster than any other borrow and nearly twice the rate of growth in the rest of New York City. Right now, let's go to Charlie Pellet and the Bloomberg News from for Bloomberg Business Flash, and I think very much pimp Fox that DAL the SMP NEZDAK all moving higher right now as from p. Five hundred, index trading at a record is up eleven points now, a gain

of five tenths of one percent. Federal Reserve Bank of Kansas City President Esther George has resumed her advocacy for interest rate increases, citing the June rebound in U S hiring is a key reason to push rates further above zero.

Her comments came in a speech today in Lake Ozart, Missouri. George, by the way, considered one of the most hawkish members of the f o m C. Stocks are higher, the dollar strengthening with industrial metals amid speculation in the US economy maintains a strong enough or is strong enough to propel global growth without forcing the Federal Reserve the Titan policy. Oil swinging between gains and losses. Oliver Sloop is with

II Trader. He's in Chicago. He rig Houns have been up five out of the last six we was in the case. They were seeing activities start to pick up at these higher prices and they think that votes well for the bears in this market. It kind of has some of the bulls on their heels taking some profits at these higher prices. We also have Canada coming back online. Uh, they were disrupted from wildfires. Outside of Canada. We also had Nigeria picking up again and they were disrupted by

militest man. Right now, we do have West Texas Intermediate Crew down one point four percent, Gold down point one percent, thirteen fifty six announced SMP up by five tenths of one percent to thirty two on Wall Street. Now we'll look at other stories making news. Charlie, thank you from the Bloomberg News room. I'm Mark Crumpton, Home Secretary. Theresa May will succeed David Cameron as the UK's next prime minister.

The way was cleared when Energy Minister Andrea led Some and he's only opponent in the conserved of the party's leadership race dropped out. The interests of our country are best served by the immediate appointment of a strong and well supported prime minister. I am therefore withdrawing from the leadership election, and I wish to reason May the very greatest success. I assure her of my full support. May will become Britain's second female prime minister, Margaret Thatcher was

the first. It may be a sign that Bernie Sanders is about to endorse Hillary Clinton. Sanders will campaign with the likely Democratic presidential nominee tomorrow in New Hampshire. The parents of Dallas shooter Micah Johnson are speaking out after the deadly ambush last week that left five police officers dead. James Johnson became emotional while speaking with the website The Blaze to h y, can you think better? Um? I

didn't see it coming. Attorney General Eric Schneiderman suing a company he says trick job hunters into spending money on security guard training and other courses they didn't need. Delta Services is accused of using fake job listings. Global News twenty four hours a day, powered by more than twenty hundred journalists and analysts in more than one hundred twenty countries from the Bloomberg news Room by Mark Crumpton, Charlie

and we thank you what again. Recapping stocks are higher, with the SMP five hundred index climbing eleven points now to that is the gain of five tenths of one percent. I'm Charlie Pellett, and that's a Bloomberg Business flash during listening to taking Stock with pin Box at Kathleen Hayes on Bloomberg Radio. Over the past decade, the borough of Brooklyn has expanded at a rapid pace. It has attracted new businesses, new residents. Down Town Brooklyn is now the

largest business district outside of Manhattan. And there are a number of other economic centers in Brooklyn, including the Brooklyn Navy Yard, Sunset Park, Williamsburg, and Green Point. While if all these are not familiar to you, our next guest will be of help. Ellen Freudenheim is the author of the new book The Brooklyn Experience, The Ultimate Guides Who, Neighborhoods and Nash's Culture and the Cutting Edge all about Brooklyn, and she joins us in the studio. Ellen, thanks very

much for being here. Why exactly did you decide to write this book? It's my fourth guide book. But Brooklyn has changed dramatically in the last decade since the last one. Uh. It went from being a kind of down and out attitude e younger sibling to Manhattan to being the upper center of the cultural world. Of New York, which is a pretty big transition. I really wanted to connect the

dots between old and new Brooklyn. Could you explain to listeners who, even if they visited New York, maybe you've never gone to Brooklyn when you say it's become the epicenter of culture in New York, explain why you're saying that there's a fabulous creative dynamic at work in Brooklyn

right now. And you can see it in UH indie bands, in the literature, this tremendous literature scene, in many many small restaurants, in culinary on enterprises, manufacturing enterprises, in renovations sort of incredible renovations of old abandoned man manufacturing sites. There's just all ton going on, and there's a lot of youthful energy. Let's just talk about some of the areas that are most attractive at least to businesses. Maybe the Brooklyn Tech Triangle right this is UH Dumbo, the

Brooklyn Navy Yard and downtown Brooklyn. And just as an example, I believe that though when the UH the Brooklyn Navy Yard project was proposed, we were talking about well, UH twelve million dollars I think it was estimated economic impact twelve billion. I beg your pardon estimated economic impact for that. It's a vast site. That Brooklyn Navy Yard has been around since eighteen o one, and it's there's lots of property there and there's buildings that are very interesting and

can rehab able. So the Brooklyn Navy Yard as some of the other post industrial sites, the Brooklyn Army Terminal, Bush Terminal which is now called Industry City, the Domino Sugar Factory which is now being rehabbed into condo's. All these old industrial places where purposeless for a long time after World War Two, and the Brooklyn Navy Yard in particular has just had an incredible renaissance and hats off to the people for doing it. Steiner Studios is there.

It's a huge stage production stage. There are tons of sustainable or teasonal green kind of micro enterprises at work there, and there's soon will be a Wigman supermarket as well. It's a museum for tourists. Building ninety two is a fabulous little museum about the history of the Navy Yard itself. Of it's it's a it's a story of a Phoenix.

I'm stealing this from your book with Steiner Studios, which is the largest tenant at the Navy Yard, is the largest film and television studio complex with the largest sound stage outside of Hollywood. It's got ten sounds stages and well, I mean it's also near a rooftop garden. Yes, it's fabulous over there. You never really know what you're gonna uh see. If anybody is a tourist who wants to see it has to take a tour with turnstyle tours. You can't just go in and wander around. It's a

sort of business to business operation. Steiner Studios is well known in the film industry. It's not well known to the person on the street, but it's significant that they that they decided to move to Brooklyn and to populate that space. Coincidentally, my nieces visiting from the Seattle area and we went to uh Brooklyn flee over by it in Dumbo under the bridge, and the Smorgasberg where all the food vendors usually are was not operating because of

Stephen King movies being filmed there. So but it was really delightful, really really cool. That seems like the part of Brooklyn now that is so established. What about the waterfront, because it's so important. When I first moved to New York years ago, I was surprised there wasn't more water waterfront development anywhere, But it is Brooklyn moving that direction

to it's a fabulous story. I mean, there's twenty six miles of waterfront in Brooklyn and if you you can see that, there has been high rise residential development in North Brooklyn. So that's along green Point and the Williamsburg Coast if you will. Dumbo is a refurbished post industrial neighborhood was really darrel like. There was a terrible place after World War Two. Then there are the docks which

have now become Brooklyn Bridge Park. It's it's gorgeous. The idea of using the waterfront for more than just going up to the front to the edge of the water is something that people are now talking about as a sixth borough. New York City in general is covered with water covered. There's a lot of water here and you could build on the water. You could do you can not just go in it, but use it in more creative ways. I that's a that's an area to watch.

We need creative leadership in financing for that, but it's great. Where would you recommend someone go if they'd like to maybe impress their younger offspring that they are hip and cool. Where would you suggest They tell them they go home tonight and they say, you know, let's go to this

place in Brooklyn. Depends how younger. Anybody who is over safe fifteen is going to be really interested in Williamsburg, Green Point and possibly Bushwick, which is pretty edgy, but there's tons of art galleries and it's really feels energetic and young. It's a working place during the day and in the evening things pick up well. Ellen fdnhim. I think you've wetted everyone's appetite, not only for Brooklyn, but also for your new book. She's the author of The

Brooklyn Experience. It's her fourth Brooklyn guide book, and she's she's over to Brooklyn early eighties. So this lady knows what she's talking about. I'm Kathleen. He's along with Pim Fox and this is Bloomberg. Bloomertaking Stock is brought to you by Autie Medal Ends and Secauka's New Jersey powered by Benzel Bush, offering a commitment to service, luxury and value with total transparency. Start your journey at Autie medalalandz dot net and to find the way you drive

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