Yesterday, the auster*events team joined Brooklyn Chamber of Commerce members at their Brooklyn 2009 Economic Outlook Breakfast. In addition to a filling meal, the event offered an interesting panel discussion and keynote speech addressing the future of Brooklyn’s economy given the current economic trends.
In a presentation revealing the results of the Brooklyn Chamber-Sovereign Bank 2009 Economic Outlook Survey, Fredric Hugue, the Senior Vice President of Sovereign Bank, announced Brooklyn’s greatest strength to be its arts and cultural attractions, and its most challenging business issue to be attracting new customers.
Keynote speaker, Christopher Ward, Executive Director of the Port Authority of New York and New Jersey, highlighted the Brooklyn waterfront, and its potential development into a democratic green space.
In short, times are tough, and they are not going to get better for a while. The economic outlook is generally grim, especially due to the lack of funding flowing into development efforts. BUT…Brooklyn has a variety of industries and a high quality of life that attracts and retains young skilled workers, who will help carry this wonderful borough forward.
No matter how you look at it, the breakfast was inspiring and thought provoking. We are auster*events have faith that Brooklyn will survive and thrive!
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