Development Continues Along Brooklyn's Waterfront

NEW YORK, NY - AUGUST 19: People walk near the water in DUMBO, an acronym for Down Under the Manhattan Bridge Overpass, on August 19, 2014 in the Brooklyn borough of New York City. Brooklyn, once a quiet and affordable borough across from Manhattan, is now home to some of the most ambitious projects in New York City. The Atlantic Yards development project, the Brooklyn Bridge Park and the building of residential towers in downtown Brooklyn are just a few of the development projects quickly transforming the borough. In the first half of 2014 alone total investment property sales in Brooklyn rose 38 percent from the first half of 2013 to 884. (Photo by Spencer Platt/Getty Images)