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Ikea's design for Red Hook

Ikea's Red Hook store

From the March issue: Ikea, the paragon of inexpensive Swedish furniture, now appears to be a potential economic savior for Brooklyn's gritty Red Hook neighborhood. The irony of Ikea's new position as a spark of retail life that might pull Red Hook back from the real estate graveyard is not lost on brokers and business owners in the neighborhood, where many in the community have strongly opposed its opening. While the company isn't quite heralded as a white knight, many people with personal and economic stakes in the neighborhood are looking with cautious optimism to Ikea's pending arrival against a mostly stagnant retail backdrop.  more