Avalon Buys More Bridge Street Props from United Land
Based upon two recent closings, it seems all but certain that Virginia-based Avalon Bay is in the process of purchasing a large cluster of properties at the corner of Bridge and Willoughby Streets in Downtown Brooklyn from Al Laboz’s United Land that could result in the construction of an 800,000-square-foot building. The deal first caught…
Based upon two recent closings, it seems all but certain that Virginia-based Avalon Bay is in the process of purchasing a large cluster of properties at the corner of Bridge and Willoughby Streets in Downtown Brooklyn from Al Laboz’s United Land that could result in the construction of an 800,000-square-foot building. The deal first caught our attention in November when the two parties closed on the transfer of 381 Bridge Street for $5,125,000. Now, public records show that Avalon purchased another two parcels from United Land in December: 379 Bridge Street (aka 88 Willoughby) for $6,283,000 and 387 Bridge Street for $11,639,000; the two properties come with total buildable square feet of 36,000 and 72,000, respectively.
United Land Unloading Bridge Street Site to Avalon? [Brownstoner] GMAP
Photo by Scott Bintner for Property Shark
Oh my the loss of Brooklyn’s sewing district…kind of reminds me of when the slide-rule district shut down – so sad
The new building being proposed is 58stroies 596ft – according to Brooklyn Eagle.
Corey, for comparison, Toren is 320,000 square feet, and is going up to 38 stories. And 111 Lawrence St is 456,000 square feet and 51 stories.
avalon bay getting its jpmorgan on. toll bros where art thou?
Hey Mr. B, how big does 800,000 square feet translate into (in terms of how high the building will be)? I know that footprint will be huge because it takes up most of the Willoughby-Duffield-Bridge block.
Yeah- those were the glory days! I costumed many a show also, decorated my home, frittered away hours lusting over beautiful fabrics. I bet home sewing does make a comeback- my dad was a garmento. He would bring home scads of fabrics and my mom made sure we knew how to sew. My first real artwork was soft sculpture and quilting, and to some extent even today my artwork remains heavily influenced by all of that.
There is a renewed interest in sewing, and huge crafts renaissance that’s been going on for the past five to ten years, largely aided by the networking powers of the internet.
So in other words, that row of three-story buildings is going to be bulldozed?
With all the unused space on the upper floors of the buildings on Fulton, why can’t at least one owner open up a floor or two to some of these displaced businesses? Sewers are willign to go upstairs — it’s truly is destination shopping,. they can keep the ubiquitous cell phone and sneaker stores on the ground floor. Where is Joe Chan? I fear that his interest is in gentrifying… not saving, when possible, these things that make the neighborhood unique and valuable to the city overall.
i would LOVE to sew and make my own clothes. i used to altar a lot of them all the time and that was always fun. someone tried to show me how to use an electric sewing machine but it just wasnt sticking in my brain, i couldnt do it 🙁
*rob*
Brenda, Paterson Silks was one of my faves too. They had an amazing amount of goods in there. They weren’t cheap, either.
It used to be that fabric stores were like Duane Reade’s. Every neighborhood had at least one, and they were scattered everywhere. Do you remember the fabric row on 57th St in Manhattan, between 6th and 7th Ave’s? Who would have thunk it, now?
With clothes so cheaply available, people just don’t sew for themselves and their families like they used to. With the economy falling, it would be interesting to see if the interest in sewing comes back.