offerman building downtown brooklyn 102013

New details have emerged on the conversion of the former Offerman department store building into loft apartments on Fulton Street in downtown Brooklyn. The 123-year-old landmark at 505 Fulton will house 120 luxury lofts with a roof deck and a “magnificent atrium,” developers Jody and Al Laboz told Brooklyn Paper. And T.J. Maxx is still going to occupy the ground floor retail, as we’ve known since early 2012. The apartments will be condos, according to a condo application filed in December.

Interior demolition began in the Romanesque revival building two and a half years ago, and the interior was in bad shape. The Laboz brothers have been promising to convert the building since 2005, but we have no idea why it’s taken so long. Since then, they’ve finished renovating the building next door and brought in clothing retailer H&M, along with a few other mainstream stores along Fulton Mall.

Mall Is Loft: Luxury Apartments Coming to Fulton [Brooklyn Paper]
Offerman Building Coverage [Brownstoner]


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