BAM put out a press release on the first of this month announcing the exciting news that it had purchased the ground-floor retail space at the Forte and was planning to turn it into the Hamm Archives Center, named after board member Charles J. Hamm who put up the dough for the acquisition. What wasn’t included in that press release was any mention of what the venerable institution had to pay to snag the 3,800-square-foot space, which is just up the block from BAM’s Harvey Lichtenstein Theater. The transaction just hit public records, though, so now we know: $1,807,200. We asked commercial broker Michael Annunziata what he thought of the price. “At approximately $473 psf, I believe this sale is in line with today’s market, and a fair deal for both sides,” he said. From the press release: “The BAM Hamm Archives Center will house a rich collection of materials documenting BAM’s unique artistic heritage as well as the institution’s early history as a major Brooklyn center for cultural and community events.” As the Brooklyn Eagle reported, an architect has not yet been chosen to design the space. Great news and great use of the space! GMAP