Drugstore or Supermarket on the Horizon for 3rd Avenue
A real estate investor just paid a pretty hefty sum for an old Gowanus warehouse but, unlike some of the other recent buyers in the area, he’s not planning to tear the building down and put up a hotel. Elo Realty closed on the purchase of the old Daily News garage on 3rd Avenue between…
A real estate investor just paid a pretty hefty sum for an old Gowanus warehouse but, unlike some of the other recent buyers in the area, he’s not planning to tear the building down and put up a hotel. Elo Realty closed on the purchase of the old Daily News garage on 3rd Avenue between Douglass and Degraw earlier this week for $10.5 million, and the firm intends to rent it out for retail use, according to the firm’s principal, Jack Elo. It’s big enough for a drugstore like CVS or Duane Reade, says Elo, or even a supermarket. Seems to us like either of those uses would be very welcome to the folks who live in amenities-starved Gowanus and to the people who are going to move into all the new 4th Avenue developments.
Going Fishing for $15 Mil in Gowanus [Brownstoner] GMAP P*Shark
What do you meen, there is a 10,000 sf.ft limit to food markets?
Whole Foods is planning a 70,000 sq.ft. building. Is WF not a supermarket by city rules?
who’s the idiot that says that the people in the housing projects have to eat unhealthy bodega food??
so they can’t walk a few blocks to a grocery store like the rest of us?
i’ve got a HIKE to an ok grocery store and i live in prime park slope.
this is nyc. you can find cheap, healthy food anywhere if you try.
I live two blocks from there. We are not amenities-starved at all. I’d guess 90% of the neighborhood has wheels and it’s 5 minutes drive to the Slope, 8 minutes drive to Fairway. By walking, 5 minutes to organic market on Court and Union, 10 mins to the coop.
c’mon give us a Boots chemist over a Duane Reade. why do we have to get something shitty? I know, what about a huge Urban Outfitters.
a slightly less wise investment than setting $10.5m on fire.
I love this area.hands down a good investment
Yeah, the location fits right in with the Boots image. I’ll have what you’re smoking, 3:07.
please don’t let it be a Duane Reade – that is the world’s worst pharmacy. Can we get a Boots chemist? You know, a clean pharmacy with helpful staff and products you’d actually want to buy.
If it’s over 10,000 square feet, it can’t be a supermarket legally under city zoning rules intended to keep people in the projects eating unhealthy food purchased at inflated prices from bodegas.