New Retail Tenant at The Smith
File under: The more things change, the more they stay the same. The building that houses The Smith condos and The Nu Hotel finally has landed a retail tenant and it ain’t gonna make the anti-jail contingent very happy. As per a few different tipsters yesterday, a brand spankin’ new bail bonds business appears to…
File under: The more things change, the more they stay the same. The building that houses The Smith condos and The Nu Hotel finally has landed a retail tenant and it ain’t gonna make the anti-jail contingent very happy. As per a few different tipsters yesterday, a brand spankin’ new bail bonds business appears to be preparing to open in one of the new spaces. Can’t be good for hotel business. GMAP
in most of the rest of the world, and in many states, private (i.e., not done directly between the court and the defendant) bail bonding is illegal. so its legality is not at all universal, and one can and perhaps should question its morality. not saying the answer is clear, but just because it’s legal in NY doesn’t mean it’s a great or good or fair thing. interesting article here:
http://www.nytimes.com/2008/01/29/us/29bail.html?_r=1
I think this empty space is actually on the other side of the garage entrance (i.e., closer to State than to Atlantic) from the hotel entrance.
I am not sure if the entrance on Smith or around the corner on State. Anyone know?
So crafty- what is your problem with legitimate businesses?
Combine it with a nail salon and call it Nails & Bails.
Bail bondsmen can be relied upon to pay rent.
You have Civil, Criminal, Family, and Supreme Courts! All handily located in one neighborhood. So yes, it would be crazy if there weren’t bail bondsmen around.
If anyone needed any proof that Sheya Boymelgreen is a complete sleeze here it is. This building, now home to the bail bondsman, sits on a lot that was one of three sold by New York State way, WAY below market price after the local community partnered with the Borough President’s office to encourage positive development guidelines for these sites. The other sites were sold to Hamlin ventures of 14 townhouses fame, and IBEC who built the building now home to the Brooklyn Fare Market.
These lots came with strings attached. There were percentages of affordable and low income units required. Boymelgreen was somehow able to have his portion of these units shifted onto the other lots. Furthermore, the other developers had the added hardship of having to build over the subway with expensive engineering and delays dealing with the MTA. Yet these developers managed to build projects that have enhanced the area.
The ground floor spaces of this building alone have remained vacant due to ,one can only surmise, greedy rents.
Boymelgreen got a sweetheart deal on this property due to community involvement and this is how he’s paying us back.I wonder how his anchor tenant, The Nu Hotel feels about this?
Okay folks. The Kings County Criminal Court is NEXT to the HOD — that is why the HOD is there in the first place! Anyone who bought at the Smith (or at 53 Boerum) thinking the court and HOD would go away was delusional.
not necessarily a BAD idea to have it under a hotel. in 10-20 years that hotel could very theoretically be flea-bag central. in that case, it was a GREAT decision. they were probably just thinking outside the box a lil
*rob*