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