(Wall Street Journal) — With upscale housing developments sprouting in downtown Brooklyn, some developers and retailers are betting big bucks that the Fulton Street Mall is poised for a rebirth. National retailers like Filene’s Basement and SYMS, H&M and Aéropostale have recently announced they are setting up shop along the strip which was one of the grand shopping districts of Brooklyn before its department stores were replaced by stores selling such goods as cheap jewelry, knickknacks and electronics. Developers are spending millions on upgrading other properties in hopes of attracting other chains.
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