Duane Reade Out, Apartments In at 166 Myrtle

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The toothpaste and toilet paper has been removed, the shutters pulled down and it’s now only a matter of time before the former Duane Reade building at 166 Myrtle Avenue meets its maker for the greater glory of the Downtown Brooklyn building boom. While the loss of a large, clean drugstore will hit residents of the nearby Ingersoll Houses in the short-term, presumably developer John Catsimadis (who made his first fortune in the supermarket business) will eventually have no problem getting some decent grocery and drugstore tenants in the base of his million-square-foot project, in whose footprint this tear-down falls. If, that is, he can get beyond that pesky Stop Work Order for not having adequate fencing protecting the site.
Development Watch: 180 Myrtle Avenue[Brownstoner] GMAP P*Shark DOB

By Brownstoner |