The music stopped too soon for this retail complex at the corner of Flatbush and Schermerhorn (62-64 Flatbush Avenue, to be exact) to become a reality, but it’s still fun to look at. And if you’ve got $15 million burning a hole in your pocket, the site could still be yours. Actually, the rendering was put together as part of a larger development that W Hotels was thinking of doing on this lot and several other adjacent ones to the west on Schermerhorn. The entire package of properties, which includes about 500,000 buildable square feet, is currently on the market with CPEX for a cool $50 million. A drop in the bucket, right?
62-64 Flatbush Avenue [CPEX] GMAP
350 Livingston et al. [CPEX]