Economy

The 4 Basic Factors to Brooklyn's Rise

According to Robert K. Steel, New York's deputy mayor for economic development.
Elena Olivo

Brooklyn has been part of New York since the end of the 19th century, but it's always felt like a city of its own. In recent years it's undergone a massive transformation that's positioned it as one of America's top cities — despite not actually being an independent metro.

"If you look at the last decade in Brooklyn, here you have a top ten city in the United States that really, the story just gets better and better," said Robert K. Steel, New York's deputy mayor for economic development, during a panel on urban success stories The Atlantic's CityLab summit. "Now Brooklyn is the place where lots of the new economy companies want to be."