Storage Mart on Atlantic Avenue Is Closing to Make Way for Atlantic Yards
The StorageMart on Atlantic Avenue — a huge, hard-to-miss building — is closing to make way for Atlantic Yards. Management sent out a notice via email to its customers yesterday, which one of them forwarded to us. Turns out the building is one of the ones being taken over by eminent domain! The judge granted…
The StorageMart on Atlantic Avenue — a huge, hard-to-miss building — is closing to make way for Atlantic Yards. Management sent out a notice via email to its customers yesterday, which one of them forwarded to us. Turns out the building is one of the ones being taken over by eminent domain! The judge granted the state’s request for all seven of the remaining Atlantic Yards sites yesterday, as DNAinfo and Atlantic Yards Report were the first to note.
StorageMart isn’t happy about the seizure. “The New York State Urban Development Corporation dba Empire State Development (ESD) has been trying for years to take over our property located at 718 Atlantic Ave as part of the Atlantic Yards project. Unfortunately it finally succeeded on August 29, 2014,” the email says.
Click through to see the letter.
Photo by Greg Snodgrass for PropertyShark
StorageMart on Atlantic Ave is CLOSING
September 18, 2014
Eminent Domain takes the last hold-out in the Atlantic Yards area
The New York State Urban Development Corporation dba Empire State Development (ESD) has been trying for years to take over our property located at 718 Atlantic Ave as part of the Atlantic Yards project. Unfortunately it finally succeeded on August 29, 2014.
Over the past few weeks, StorageMart has been advocating on our tenants’ behalf to get the ESD to agree to a reasonable date for emptying the building. We understand the frustration in having to find another storage facility and moving your goods.
The ESD has taken ownership of the building and is providing you with 90 days to vacate your storage unit. As per the ESD, you must vacate your storage unit by December 18, 2014.
The ESD is allowing StorageMart to manage this move-out process and assist you in getting the information you need. Until December 18, 2014 everything remains the same. Your rent is due as usual and your lease terms remain in effect relating to service fees, delinquencies, statutory sell-out procedures, protection plan coverage, etc.
You must vacate your storage unit and be out of the building by December 18, 2014. It is unknown at this time how the ESD will deal with anyone who has not vacated their storage unit by this date.
StorageMart has listed three locations below that are close to Atlantic Ave; we would be happy to accommodate you at any of them. StorageMart will give you a free month’s rent at these locations to help make the move a little easier. It is on a first come, first serve basis and availability is very limited in this area. We appreciate your business and look forward to serving you in the future.
50 Wallabout Street, near the BQE Kent Ave exit and the Navy Yard
718.522.9055
980 4th Ave, right off of the 38th St exit on the BQE in Sunset Park
718.499.3999
184-02 Jamaica Ave, Hollis, Queens. Not far from where the Grand Central and Van Wyck meet
718.454.0520
If you have any questions or concerns, call 877-Storage (877.786.7243) and identify yourself as an Atlantic Ave tenant.
Sincerely,
Cris Burnam
StorageMart President
whatever is left of the constitution is being used for toilet paper by these kinds of actions. i didnt see it for barclays and i dont see it for ay.
I agree. I don’t see how figures behind state-sanctioned and ordered eminent domain processes are not public! We’ll figure things out soon enough, though.
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Sidenote: I wonder why FCR initiated these proceedings so late in the game? It would seem to me that they should have began the process long ago with the other buildings; by waiting so long, the value of the properties they are going after now would surely have risen–ironically due in part to construction of FCR’s Barclays Center–pretty steeply.