The landscape of Williamsburg, Brooklyn has been radically transformed in the last decade. Located at the epicenter of New York City’s recent development boom, the neighborhood saw countless industrial buildings and row houses torn down by developers. In their place, dozens of luxury condominium towers were constructed, permanently altering the skyline. By July 2009, however, “The Billyburg Bust” was reported by New York Magazine, which wrote that the area was “littered with half-built shells of a vanished boom.” Like any gold rush, the aftermath of the frenzied push to develop Williamsburg has left permanent scars on the land.
Williamsburg has the highest concentration of stalled development sites in New York City, according to a 2010 report in The Real Deal.