Brooklyn Navy Yard lives on today

The Brooklyn Navy Yard has a long and storied history, but was most active in the period around World War II, when it employed more than 70,000 people. The Navy decommissioned the Yard in 1966 and sold the land to New York City, which, in turn, intended to redevelop it into an industrial complex that would generate between 30,000 and 40,000 jobs. Through the 1970s and ’80s, the Navy Yard struggled to meet its goals and employment stagnated, as New York City—and the United States as a whole—lost factory jobs and transitioned into a post-industrial economy. In the ’90s, the Navy Yard embarked on a diversification plan to stimulate job growth. The master plan revealed today is a continuation and maturation of that strategy. The Brooklyn Navy Yard (the Yard) is a mission-driven industrial park that is a nationally acclaimed model of the viability and positive impact of modern, urban industrial development. The Yard is now home to over 400 businesses employing more than 9,000 people and generating over $2 billion per year in economic impact for the city. Building on the Yard's history as the economic heart of Brooklyn, the 300-acre waterfront asset offers a critical pathway to the middle class for many New Yorkers. The Brooklyn Navy Yard Development Corporation (BNYDC) is the not-for-profit corporation that serves as the real estate developer and property manager of the Yard on behalf of its owner, the City of New York. BNYDC constantly strives to provide an environment in which businesses and careers can take root and grow. Industrial users are BNYDC's highest priority. The Yard was once the nation's most storied naval shipbuilding facility, which for over 150 years built and launched America's most famous fighting ships, including the USS Maine, USS Arizona, and USS Missouri. The Yard also served as an important point of passage, home, and workplace for countless veterans as they served our country. Through its public programming, the Yard continues to honor and preserve this rich history. Location: Brooklyn Navy Yard Music: [FREE] Drake x Logic x J.I.D. x Ovo Type Beat 2018 Red Eye Prod. "Causmic" - https://www.youtube.com/user/L33tPwNeD Phantom Flight 101's channel: https://www.youtube.com/channel/UCiwTuEz7gmK70oUSrtz7XTg Drone Evolution NYC's channel: https://www.youtube.com/user/jnice1487 #thoseguys #phantomflight101 #droneevolutionnyc #brooklynnavyyard #brooklyn