As Brooklyn becomes trendier and busier it would seem obvious that hotel owners would cast a wider eye at the borough to allow more people to visit. But, there’s another reason, according to the New York Times. It’s just cheaper. “The biggest reason that we’ve seen development in Brooklyn is because the land economics are so intense in Manhattan that it’s historically difficult to build there,” Sean Hennessey, chief executive of the New York based consulting firm Lodging Advisors, told the Times.
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