Our masked commercial correspondent does it again…Barney’s Co-op & their smart broker played off multiple landlords in their search for a BK home. Is the lease out? No one will say…Leases are out or signed for tenants at 345 Adams, the City-owned building next to Morton’s/Marriott. Fine food for friends and family?
Yoghurt war casualty # 1 Froyo at 32 Court. Highest rent, worst storeâ€¦. still sad. Over on Flatbush & Myrtle, who’ll be the first to open a food market? I bet on Toren. Check out the new Choice Market at Jay/York. Love those benches, cut stone walls and ceiling.
Prewar office rents turning up due to lack of space 16 Court just bumped taking numbers up 10% and 26 Court just did a $45 deal with a fancy financial firm for 2500 SF of very special space – harbor views, a bathroom, a dining room and a kitchen! And DUMBO space under 1500 rsf rocking. One a week pace so far this yearâ€¦.
While we get that owners can’t sacrifice $125/foot retail space for vertical transport, rendering upper floor Fulton Mall space useless damn it they should do signage, paint or otherwise cover up. An insult to your customers, rental tenants and Brooklyn itself.