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Old Posted Feb 10, 2011, 10:41 AM
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New Yorker for life
 
Join Date: Jul 2001
Location: Borough of Jersey
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Things really do seem to be picking up around town...

http://therealdeal.com/newyork/artic...ound-this-year

February 09, 2011
By Candace Taylor

Quote:

City Point

Washington Square Partners' Travis gave an update on another large-scale project, the 125,000-square-foot mixed-use City Point site at the eastern end of the Fulton Street Mall shopping area in Downtown Brooklyn. The project is being developed by a joint venture of Washington Square Partners, Acadia Realty Trust and PA Associates.

City Point received $20 million in stimulus funding in June, Travis said, and construction has now started on the first phase, a four-story, 50,000-square-foot retail building slated for completion in early 2012. He said he couldn't talk about tenants but said there will be "a mix" of national and local retailers. Asking rents range from $75 to $200 per square foot, he said.

The project "will get people shopping in Downtown Brooklyn again," he said.


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http://therealdeal.com/newyork/artic...mall-face-lift
Families plot Fulton Mall face-lift
A parcel-by-parcel look at what the corridor's tight-knit group of owners has in store




February 01, 2011
By Patrick Egan

Quote:
Fulton Mall's days as a sneaker store Shangri-la could be numbered. National retailers, as well as Brooklyn's favorite hip-hop and up-and-coming real estate mogul, Jay-Z, are taking notice of Brooklyn's busiest, and recently refurbished, retail corridor. This could mean promising days ahead for a tight-knit group of landlords controlling many of the street's major properties...http://therealdeal.com/newyork/artic...mall-face-lift
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