New program gives back to community with affordable housing development

Posted: 8:29 AM, Jun 23, 2015
Updated: 2015-06-23 14:45:00-04

High-housing sale prices and fat down payments are unfortunately something New Yorkers are used to.  And with the average Manhattan rent price up 2.4 percent this month to $3,380 and Brookln up to 4.8 percent to $2,961, living options may often seem limited to low, moderate and middle-income households.

Forest City Ratner CEO Maryanne Gilmartin sheds light on this costly situation.

On June 25, Gilmartin along with 300 leading trendsetters, makers, modernizers, avant-gardists, pacesetters, pacesetters, pioneers, builders and entrepreneurs will gather at the inaugural "Make it in Brooklyn" Innovation Summit to talk about what it means to make it in Brooklyn.

Attendees will hear firsthand from Forest City Ratner President and CEO MaryAnne Gilmartin and Forest City Ratner Executive Chairman Bruce Ratner, Steve Hindy, founder of Brooklyn Brewery; David Walentas, the man who created DUMBO; Tia Powell Harris, the dynamic steward of one of the borough's cultural treasures; Rick Mast of Mast Brothers Chocolate; and many others about how they made it in Brooklyn, and where they would focus their energy next.

The "Make it in Brooklyn" event at the Polonsky Shakespeare Center (located at 262 Ashland Place)  will start with opening remarks at 10:00 a.m. and a conversation at 11:05 a.m. Thursday.  To purchase tickets go to