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Industry City rezoning scrapped, Brooklyn buying boom, & more

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Plans for a major expansion of Brooklyn's Industry City are being scrapped as developers pull the rezoning application (NY1)

August saw a big increase of buyers in Brooklyn—pending contracts were up nearly 40 percent from last year, according to a report by StreetEasy (press release)

Gowanus is being used as a case study in how climate data can inform better urban design (Commercial Observer)

Online listing site Zillow is launching a brokerage to support its iBuying ventures (The Real Deal)

Say farewell to the traditional Times Square ball drop on New Year's Eve—like everything else, it's going virtual (Gothamist)