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Throughout the 1970s and late 20th century, Brookfield saw a massive influx in its population. This is attributed to New Yorkers who began relocating from the city to the suburbs. This created rapid real estate development in Brookfield, and turned Brookfield into a popular commuter town for those who work in and around New York City. [8]
A total of 400 homes sold in Brookfield in the first nine months of the year, for an average price of $540,029, the Realtors reported. That's a $23,901 price increase year over year.
In 2005, Brookfield Properties acquired a 25% interest in O&Y Properties Corporation and O&Y Real Estate Investment Trust, expanding the company's real estate portfolio in four Canadian cities. [13] In 2006, the company acquired Trizec Properties, which was founded in 1960 by William Zeckendorf, builder of Place Ville Marie. [14]
The district represents the original settlement of the town of Brookfield and contains 67 residential, religious, and municipal buildings over a 43-acre (17 ha) area representing a wide range of architectural styles from the 18th to 20th centuries including Bungalow/Craftsman, Greek Revival, and Queen Anne style architecture.
Simon Property Group, Inc. is an American real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in Indianapolis, Indiana. Worldwide, it owns interests in 232 properties [3] as of 2021.
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