Some residents and business owners are concerned that the closure will affect an already crumbling economy. The average sale price of a condo in Williamsburg dropped 13 percent in the last year, according to the Real Estate Board of New York's quarterly findings published earlier this month.

"If they shut that down for 18 months, most of the people, they're gonna leave,” said another Brooklynite, Manuel Rodriguez. “This neighborhood is booming.”