Cascade Linen Gives Way to Luxury Condos at Massive Bed Stuy Development Site

Photos can’t really convey the enormity of the Cascade Linen complex rising at 833 Myrtle Avenue in Bed Stuy.

Anyone passing by in person will be staggered by the size of the thing. It’s not often one sees nearly a whole block leveled, with a view through to the blocks beyond, these days.

The factory was a Bed Stuy icon for years, then slated to become housing for Hasidic families, and is now a seven-building luxury condo development with prices in the millions.

In 2016, the developer told the community board 66 of the 301 units will be affordable. The owners are Isaac Deutsch, Abraham Brach and Nachman Liebowitz; the architect is Samuel Wieder Associates, according to the Real Deal.

There will also be parking and a full-size grocery store.

When Brownstoner passed by recently, the first few buildings had topped out at six stories, and insulation was rising on their sides.

The complex recently secured additional funding for the construction and the target completion date for the first phase of the project has slipped to 2018, according to the Real Deal.

The development was made possible by a rezoning in 2012, the Bedford Stuyvesant North Rezoning, which permitted residential and retail uses and an increase in the site’s buildable square feet. It also allows developers to build bigger in exchange for making 20 percent of the units affordable.

The site’s history is a familiar one in the area: Empty for years, then rezoned, its value doubled in a year, and now it’s on track to become luxury homes.

Related Stories

• Developers of Cascade Linen Site in Bed Stuy Choose Luxury Homes Over Religious Housing
• Bed Stuy Linen Building Sold as Development Site
• Bed Stuy’s Cascade Linen Doubles in Value in One Year, Could Become Satmar Apartments

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