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RE Rumor Mill: Genius, Park 51, Yext

By Kaitlin Ugolik (July 30, 2014, 2:56 PM EDT) -- Annotation company Genius Media Group Inc. is reportedly setting up shop in Brooklyn's Gowanus neighborhood, taking about 43,000 square feet in an industrial building on Third Street. The Wall Street Journal reported that the company was lured to the area by cheap rents and a surplus of industrial property ripe for redevelopment. The building on Third Street, just west of the Gowanus Canal, covers about 90,000 square feet, according to the Journal. PWR Realty reportedly bought the property earlier this year for $20 million, and Genius will now move its 25 employees there from its existing space in Williamsburg....

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