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Commercial Real Estate

Brooklyn Nets, News, Sports

Glenn Markman on Dellarocco’s, the Beach Shack, the Nets, and Brooklyn’s Future

July 29, 2012

Karl and his cam got quite the workout Friday evening. Following his visit to the opera in Brooklyn Bridge Park and Dellarocco’s “soft opening”, he asked Glenn Markman about his views on his and his partners’ new venture, Dellarocco’s, and got an answer that extended to discussion of the new Beach Shack, Brooklyn Bridge Park, downtown Brooklyn, the Nets, the Bossert Hotel, Brooklyn real estate in general, and prospects for the future. Video after the jump.


Source: Brooklyn Heights Blog
http://brooklynheightsblog.com/archives/44986

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Brooklyn Heights, Downtown Brooklyn, Food

Downtown’s Starbucks Booming; Seattle’s Best A Bust?

July 26, 2012

Have you ever met a Starbucks that didn’t do boffo business? The recent move of the Brooklyn Heights’ locale from the open & airy 134 Montague Street to the long & narrow 112 Montague doesn’t appear to have cut down on the number of Caffè Vanilla Frappuccino Blendeds being served in the neighborhood. (More photos below the jump.)

Meanwhile, the new Starbucks location at Fulton Mall’s 348 Fulton Street, which opened earlier this month across from Shake Shack and next to the spanking new Brooklyn Industries, appears to be satisfying coffee lovers with equal gusto.

The same can’t be said for Downtown Brooklyn’s Seattle’s Best, which opened its first standalone store in the borough at 253 Livingston Street & Bond Street on June 21. Earlier this week, a stop inside revealed not a single customer. The somewhat desolate location is set apart from the neighborhood’s gentrifying commerce and is situated in a building that is thus far undeveloped.

The irony, of course, is that Seattle’s Best, founded in 1970, became a subsidiary of Starbuck’s at the dawn of the millennium.

(Photos: Chuck Taylor)
Montague Street, Brooklyn Heights
348 Fulton Street, Fulton Mall
253 Livingston Street


Source: Brooklyn Heights Blog
http://brooklynheightsblog.com/archives/44690

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Brooklyn Heights, Events

BBP & Bossert To Be Addressed At Brooklyn Real Estate Roundtable

July 24, 2012

The Brooklyn Historical Society will host a Brooklyn Real Estate Roundtable Luncheon, on Tuesday, August 7, from noon to 2 p.m. Among those scheduled to speak are Clipper Equities principal David Bistricer, who will outline his vision for redevelopment of the Bossert Hotel into a boutique hospitality property; and Regina Myer, Brooklyn Bridge Park president, who will discuss the latest developments in and around the 85-acre destination.

Tickets for the luncheon, mind you, are not for those looking for inexpensive entertainment. A single is $300(!), while “corporate series” entry for up to four (which also includes the next meet on November 13) costs $2,100(!!) Let’s hope they’re serving champagne & caviar.

Also slated at the Roundtable are Manhattan Borough president Scott M. Stringer to discuss the NYC Budget and Real Estate Taxes; and Alex Barrett, AIA of Barrett Design & Development, discussing his present and future residential projects.

The Brooklyn Historical Society is located at 128 Pierrepont Street, at the corner of Clinton Street in Brooklyn Heights. For more information, call Taina Sanon at 347-381-3705.


Source: Brooklyn Heights Blog
http://brooklynheightsblog.com/archives/44604

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Brooklyn Heights, Downtown Brooklyn, Food, News

Downtown Brooklyn’s Albee Square Aims To Become Foodie Outpost

July 21, 2012

The outdoor Albee Square Public Plaza off Fulton Street Mall in Downtown Brooklyn has its sights set on becoming a foodie outpost. The Downtown Brooklyn Partnership is searching for a single market operator to select a number of food, wine, beer and crafts vendors to fill more than dozen spaces within the 27,000-square-foot space.

Kevin Tolan, Director of BID Services & Programs for the Partnership, tells DNAInfo.com that it’s looking to “activate Downtown Brooklyn’s public spaces while supporting local vendors,” with fresh food, prepared foods, and arts & crafts.

Albee Square Plaza at Bond & Fulton Streets celebrated its renovated completion a year ago, June 24. It is at the center of a burgeoning shopping district that includes retailers Aldo, Macy’s, and Aeropostale, along with incoming H&M, T.J. Maxx and Express. The locale also buttresses the mammoth City Point multi-use project, which will comprise retail, residential and Brooklyn’s first Century 21 clothing outlet.

Market operator applications are due August 6 with a pre-bid information session July 15 at the Fulton Mall Improvement Association’s offices.

(Photo: Chuck Taylor)


Source: Brooklyn Heights Blog
http://brooklynheightsblog.com/archives/44487

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Brooklyn Heights

NY1 Offers Brooklyn Bridge Park Update; Prez Regina Myer Defends Hotel/Rez Development

July 16, 2012

NY1 offers an upbeat 2-minute report on the progress of the 85-acre Brooklyn Bridge Park, which it says now attracts 60,000 visitors each weekend. Reporter Jeanine Ramirez offers: “Designs changed over the years. So did the oversight of the property. The Port Authority transferred it to a state entity called the Brooklyn Bridge Park Development Corporation. It was later transferred over to the city.”

Regina Myer, President of BBP, comments, “Mayor Bloomberg and Governor Paterson agreed that the city would take the project over because the state just didn’t have the money to put into the park and they realized the city would be a much better steward of the park site.”

Regarding the imminent controversial 200-room hotel and 159-unit residential building, Myer says they are necessary to raise funds to sustain the park: “The condominium [One Brooklyn Bridge] has been paying ground rent and payment in lieu of taxes since 2008 and all of the maintenance and security and upkeep is paid for by the funds we’ve received.” She insists the new multi-use development, which was approved in late June, “will be done with good taste.”


Source: Brooklyn Heights Blog
http://brooklynheightsblog.com/archives/44305

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Brooklyn Heights, News

Across The River: South Street Seaport Could Rise To The Heavens

July 14, 2012

While plans continue to revamp Pier 17′s tourist trap South Street Seaport, it appears that the view across from the Brooklyn Heights Promenade might become all the more dramatic. Plans have been drafted for a skyscraper at 80 South Street that would dramatically redefine the skyline as seen from the Heights.

In the works is a proposal to erect a 300,000-square-foot, 780-foot-tall mixed-use tower comprising a hotel, residential and community space. Owner Cord Meyer Development is currently working on plans for air rights that it has purchased over several years, while Morali Architects has begun parading renderings for perusal. The design would comprise a high-tech garage on the first three levels, equaling the height of FDR drive; with a small museum above highlighting history of the Seaport; and a restaurant and spa alongside a 200-room boutique hotel. The building’s skin would be made of photovoltaic glass.

The plan awaits approvals from the City Planning Commission and the Dept. of Buildings, which could take at least a year.


Source: Brooklyn Heights Blog
http://brooklynheightsblog.com/archives/44207

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Brooklyn Heights, Food

Mama Mia! Dellarocco’s Of Brooklyn Preps For Restaurant Opening

July 7, 2012

You can almost taste it. Dellarocco’s of Brooklyn, the new local brick-oven eatery at 214 Hicks Street, appears days away from opening its doors to the delectable fragrance of fresh pies and a thirst-quenching wine & beer cafe. Over the weekend, signage was etched onto the windows in elegant gold lettering.

The restaurant is owned & operated by Brooklyn-bred brothers Greg and Glenn Markman and Joseph Secondino (who has known the bros for 30+ years). The three are also partners of the Heights Cafe next door at 84 Montague Street. As previously reported, Dellarocco has a separate kitchen—with a wood-burning brick pizza oven flown in from Italy—and will operate as an independent biz.

Delivery and take-out will be available, along with in-room dining boasting 15-foot ceilings with a menu specializing in personal pizzas, according to Greg Markman. It will be open seven days a week, likely from noon to midnight.

The restaurant takes the place of Overtures stationery and gift boutique at 216 Hicks, which closed after 30 years in December 2011; and Dara Ettinger jewelry at 214 Hicks, which opened in May 2011 and lasted eight months. High-end clothier J. McLaughlin is to the left, at 218 Hicks. The spaces at 214 & 216 were combined into one large parcel in February.

(Photos: Chuck Taylor)


Source: Brooklyn Heights Blog
http://brooklynheightsblog.com/archives/43800

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Food

Reports of Sosta’s Death Were Exaggerated

July 7, 2012

Renovation took longer than planned, but the restaurant on the north side of Atlantic Avenue between Clinton and Henry streets was back in business this evening. The chalkboard sign’s message: “Join Us For Dinner–Reopening Tonight.”


Source: Brooklyn Heights Blog
http://brooklynheightsblog.com/archives/43775

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Brooklyn Heights, Downtown Brooklyn, History, Landmark Preservation

Backtrax: Downtown’s Martin’s Dept. Store & Offerman Building

June 23, 2012

As the Landmarked Romanesque revival Offerman Building along Fulton Street Mall continues buildout of TJ Maxx and a bevy of boutique stores—alongside H&M’s new-construction two-story glass modernist structure—it’s high time to take a look back at the history of the storied location at 505 Fulton Street.

Its life began in 1891, commissioned by mogel Henry Offerman, who owned the Brooklyn Sugar Refining Co., on the waterfront in Williamsburg, Brooklyn. His Downtown “highrise” opened as one of the tallest buildings in Brooklyn. The Wechsler Department Store operated in the space until 1897; with Darlington’s Department Store scheduled to take its place in 1907, until developer Kingston Realty went belly up before the location ever opened.

But its fortunes were soon to change for the long term. Hyman Zeitz, who had emigrated to the U.S. in 1882, opened a coat & suit department in an existing blouse shop called Martin’s at Fulton & Bridge Street. The business burgeoned and in 1924, Zeitz bought out Martin’s owner and moved next door to the seven-story Offerman Building, comprising 225,000 square feet. The cutting edge locale offered its own electrical generator and pneumatic tube system for moving cash through the store.

As Brooklyn’s Downtown Fulton district flourished, Martin’s ushered other major department stores to the neighborhood, including A.I. Namm & Son and Abraham & Straus (today, Macy’s). In the 1950s, Martin’s opened additional locations in the New York suburbs: Garden City, Babylon, Suffolk County, Hackensack, N.J., and Huntington. The latter store was 75,000 square feet and offered a 500-seat community room for civic meetings, making it the largest branch store at the time.

In October 1977, with annual sales of $30 million, Martin’s was sold to the Seedman Merchandising Group, operator of Times Square Stores. Unfortunately, their vision for the future differed, and in 1979 the Fulton Street store was closed because of “long-term unprofitability.” In hand, the downtown Brooklyn shopping district, which once catered to the borough’s affluent, “was no longer related to the surrounding shopping area,” the company surmised.

Soon after, the remaining Martin’s either closed or changed names, while the Offerman Building was designated a New York City Landmark in 2005. Throughout that decade, it housed job agencies, the MTA adjudication Bureau and discount retailer Conway (which moved to a new location on Fulton in 2010). Its last retailer was a temporary seasonal Christmas discounter in late 2010, before it was sadly boarded up.

And then came new life to the Downtown Fulton shopping district. An interconnected three-story annex to the east along Bridge Street was demolished to make way for Swedish retailer H&M’s first Brooklyn location in a new shiny glass two-story structure. Offerman, meanwhile, will house TJ Maxx, with hints of such upscale retailers of Ralph Lauren, Calvin Klein and Giorgio Armani on signage outside. The upper floors are said to be going residential, with rumors of interest by hipster Justin Timberlake.

Meanwhile, Downtown Brooklyn’s City Point up the block continues to take shape, first to comprise a four-story 50,000sf retail building on Albee Square across from the landmarked Dime Savings Bank building. In all, that project intends to encompass 1.5 million square feet of retail & residential.

It’s gratifying to see this beautiful 120+-year building find new life, as one of the most beautiful architectural triumphs on Fulton. Long live the Offerman Building.


Source: Brooklyn Heights Blog
http://brooklynheightsblog.com/archives/41858

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Brooklyn Heights, News

Bossert Plans Draw Cheers and Caveats

June 21, 2012

Update: Following last evening’s hearing, a majority of the Community Board 2 Land Use Committee voted to approve the new owner’s request for a variance to re-convert the Bossert to transient hotel use. The matter will now go to the full Community Board for consideration. We’ll keep you posted.

David Bistricer, buyer of the Bossert Hotel, was on hand for this evening’s hearing before Community Board 2′s Land Use Committee on his application for a variance to reconvert the grande dame of Montague to a “transient hotel.” While he didn’t speak, his attorney and several consultants offered these assurances: (1) it will be a hotel–indeed, a “sophisticated and upscale” (but not too upscale) hotel–not a dorm; (2) the beautiful lobby won’t be altered, but will become home to a first-class restaurant; (3) there will also be dining on the roof, but it will be very quiet; and (4) their studies of likely increases in traffic from guests arriving by taxi, limo or private car (they have an arrangement with Quick Park for valet parking service) and from delivery trucks indicate that the impact, compared with present conditions under Watchtower ownership, is not “significant.”

So, who liked it? The Brooklyn Chamber of Commerce, citing, among other things, the new owner’s “commitment to local hiring”; Glenn Markman, co-owner of Heights Cafe and soon-to-open Della Rocco’s, who said it will attract more business and perhaps more people to move to the Heights; Karen Johnson (who discovered she had a namesake in the audience), who “feels confident it will be done correctly”; the Montague Street BID, whose Executive Director, Brigit Pinnell, said the real comparison to be made was with alternative uses for the building, which include a dorm, a social services facility, or medical offices; and Borough President Marty Markowitz, whose spokeswoman said it will “help Downtown Brooklyn’s business community to thrive.”

Who had doubts? Brooklyn Heights Association Executive Director Judy Stanton asked what controls are in place to assure that this will be, and remain, a first class hotel. Consultant Jeff Klein said that the design, level of service, and room rates should do the trick. Ms. Stanton then noted that if the projections were wrong, there could be a large increase in taxi traffic. She also said she was concerned about guests arriving by private car; in particular, that they might have to wait in idling cars for valet service. Spokesmen for the buyer said that the assumptions made in the environmental assessment were “very conservative”, and that guests reserving rooms would be asked if they planned to arrive by private car, so that valet service could be scheduled to meet them.

Other cautionary messages came, unsurprisingly, from people living in the Bossert’s immediate vicinity. Several people from 200 Hicks Street expressed concerns. Richard F. Ziegler said the planned re-conversion “could be an asset [to the neighborhood] or an absolute devastating nightmare.” He found the statements made by the buyer’s attorney and consultants “confusing,” and said the residents of 200 Hicks had retained “high priced counsel” to represent their interests in the variance proceedings. Gretchen Dykstra, former City Commissioner of Consumer Affairs, expressed great concern about the rooftop lounge and dining area. She noted that a rooftop lounge at the Empire Hotel, also owned by Mr. Bistricer’s company, had become a venue for parties with DJs and loud music that went late into the night. When local residents complained, they were told that the owner wasn’t responsible; the space was leased to the organization[s] giving the parties. Kay Desai said more information was needed, and her husband, Rohit Desai, sternly warned Committee members that their failure to demand such information could be in violation of law.

Other neighbors with cautionary messages were David Green and Nils Larson, both Remsen Street residents. Mr. Green noted that the valet parking operation would result in an increase in traffic on Remsen because cars being taken from the hotel to Quick Park would have to go that way. Mr. Larson, a recent high school graduate, said he had grown up in Brooklyn Heights and always loved the neighborhood’s serenity. He has two much younger brothers who, because the local streets are safe, are able to walk to school and to squash lessons. He fears that the increase in traffic generated by the hotel may end that.

Photo: Brownstoner.


Source: Brooklyn Heights Blog
http://brooklynheightsblog.com/archives/42752

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