After dishing on his hotel project at yesterday’s Brooklyn Real Estate Roundtable meeting, Two Trees Management’s Jed Walentas also provided an update on the building they’ve had in the works for a couple of years in the BAM Cultural District on what is known as the South Site. The South site includes the entire triangular block bounded by Ashland Place, Flatbush Avenue and Lafayette Avenue. According to Walentas, the block will basically be divided into two pieces, with the north portion fronting on Lafayette becoming a public plaza; on the south end, Two Trees will build an 80/20 rental building atop a large cultural space. Despite the acute triangular shape of the plot, the building’s shape will likely be “closer to a rectangle than a triangle.” The height has yet to be determined. When it has, the whole thing will have to go through ULURP so don’t hold your breath! The renderings above (and below) come from the Ten Arquitectos website and appear to be from 2008 so we suspect the final results (including the Apple Store logo!) may vary.


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