Tower With 19 Stories, 157 Apartments Planned for Flatbush and Fulton
Slate Property Group plans to build a 19-story tower with 157 apartments at the very prominent corner of Flatbush and Fulton in Downtown Brooklyn, according to a new building application filed yesterday. The photo above shows the triangular shape of the lot, now occupied by a partly empty one two-story commercial building. (Five Guys has replaced…
Slate Property Group plans to build a 19-story tower with 157 apartments at the very prominent corner of Flatbush and Fulton in Downtown Brooklyn, according to a new building application filed yesterday. The photo above shows the triangular shape of the lot, now occupied by a partly empty one two-story commercial building. (Five Guys has replaced Sleepy’s.)
The new building will have a total of 160,000 square feet of space, including more than 123,000 square feet for apartments. Twenty percent of the apartments will be affordable, and the building will most likely be a rental, according to New York YIMBY, which first spotted the new-building application.
That leaves 20,000 square feet for retail. Goldstein Hill & West Architects are the architects of record on the permit. In December 2012, an LLC associated with Capstone Equities bought the property from Kansas Fried Chicken for $14,250,000, according to public records.
We think a tall mixed-use building at this location, the entrance to the Fulton Mall, makes a ton of sense. We hope it will be an attractive one.
Permits Filed: 19-Story Building at 1 Flatbush Avenue [NYY]
Photo by Scott Bintner for PropertyShark
Street level will be very important here. It’s a busy and important intersection.
That whole stretch of Flatbush could use a bit of a facelift, lets be honest here. Would love to see downtown BK become even more of a dense city downtown, prob could use more office space as well.
The current building is actually two stories, not one. Five Guys went out of business. It is currently empty and decrepit. The new building can’t come fast enough.
It’s doubtful, while I’m not especially inclined to believe in mystical forces, I do believe that lot is cursed. When I first moved here in 99, I think it was a burger king, then a furniture store, then a gym, then something unrememberable, then closed, then sleepys, then jayz was supposed to open a wing spot there, then a 5 guys. Which as I read below is currently out of business…
I could be getting order wrong but my point is: it’s dead smack in the middle of the hottest borrough in the city and it continues to churn one failure after the other. There’s half a dozen subway stops, a college, and a vibrant shopping area. Either there is something intrinsically wrong with it, OR voodoo.