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It’s been a long time coming, but finally the Brooklyn Navy Yard has found a developer and a supermarket for its long-promised Admiral’s Row development project — and it seems like a great pairing.

Steiner Studios, the Navy Yard’s biggest tenant, will develop and fund the estimated $140,000,000 project. Highly regarded supermarket chain Wegmans will be one tenant in a larger 126,000 square foot industrial building. In return Steiner will get a 96-year lease from the Navy Yard and will collect rent from Wegmans and other tenants.

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The Brooklyn Navy Yard has released its third request for proposals to demolish the decaying houses at Admiral’s Row and build a supermarket and retail, Crain’s reported. The Navy Yard’s Economic Development Corporation dropped the developers behind the two previous winning proposals, PA Associates and then Blumenfeld Development Group.

The nonprofit organization estimates that the redevelopment of the six-acre plot would cost $100,000,000 and generate 500 jobs. Navy Yard CEO David Ehrenberg told Crain’s that the area “qualifies as a food desert” and desperately needs a supermarket.

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The deed for Admirals Row was recorded in pubic records yesterday, and it reveals that the city paid $2 million to “The United States of America” for the 6-acre site, which has an official address of 2 Wallabout Street. The deed also contained a couple other interesting tidbits. For one, it documents that one of the buildings on the site, #198, was demolished in December 2010 (it’s pictured above) and that some soil with high levels of PCB had to be removed from where the building stood; it also says that construction debris containing asbestos was removed from the area north of the Timber Shed last May. Not surprising, but the two pieces of information bring to mind that the developing the site will involve a not-inconsiderable level of environmental remediation. The other noteworthy thing included in the deed is a diagram of all the Admiral’s Row buildings; click through to see it.
Shedding a Final Tear for Admirals Row [Brownstoner]
Transfer of Admirals Row to City a Done Deal [Brownstoner]

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Chuck Schumer is holding a press conference this afternoon to announce that an agreement has been reached to transfer Admirals Row from the federal government to the city. According to the senator’s announcement, the project will definitely involve the preservation of two of the property’s buildings, Building B and the Timber Shed (whether these two were going to be saved had been in question). The development will also involve the construction of a supermarket and industrial space.
City Has Yet to Acquire Admirals Row [Brownstoner]
Wheels in Motion for Admirals Row Redevelopment [Brownstoner]

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Yesterday the City Council gave its blessing to the plans to redevelop Admirals Row at the Navy Yard. The plans call for a 74,000-square-foot supermarket, 79,000 square feet of retail space and 127,000 square feet of industrial space. The city is supposed to take control of the site soon and an RFP for the project is likely to be issued within the next few weeks. Two of the row’s remaining structures—Building B and the Timber Shed—are supposed to be preserved, contrary to the National Guard’s report earlier this year that both buildings had been deemed beyond repair.
Green Light Nears for Navy Yard Redevelopment [Crain’s]
City Has Yet to Acquire Admirals Row [Brownstoner]
Wheels in Motion for Admirals Row Redevelopment [Brownstoner]