The first permits are up for a mixed-use development at 1007 Atlantic Avenue, on the northwest fringe of Bed-Stuy. The site’s developer is Fulton Corner LLC, and per a Brownstoner post on another nearby site — at 1035 Fulton Street — the actual company attached to the LLC appears to be Brookland Capital. Like the project around the corner, the architect of record is Isaac & Stern. A Massey Knakal PDF indicates the lot had an asking price of $5.2 million.
While no renderings have been posted, Brookland’s other developments in the vicinity employ a traditional aesthetic; assuming 1007 Atlantic Avenue takes a similar route, its appearance will be appealing. Even if the building is not designed with classic inspiration, Isaac & Stern’s portfolio is promising, and the firm’s recent work has been significantly above-par for typical new construction in New York City.
Permits for 1007 Atlantic Avenue indicate the building will measure 42,056 square feet; the bulk of the project will be residential. 7,702 square feet will be dedicated to retail space on the ground floor, while the remainder will be split between 50 residences, averaging just under 700 square feet apiece; the structure will stand eight stories and 80 feet tall.
The surrounding neighborhood is in the midst of a development boom, for several reasons; Bedford-Stuyvesant is a natural outlet for growth as prices closer to Manhattan have continued to skyrocket. Also important is the site’s proximity to the Atlantic Yards development, and despite the slow rise of the modular towers adjacent to Barclay’s Center, the vicinity is transitioning into a desirable and higher-density node; 1007 Atlantic Avenue is another piece of the puzzle, and will contribute significantly to the street-scape, given its lot is currently vacant.
No completion date for the site has been announced.
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