455 Jefferson Street

455 Jefferson Street, image via teaser site

Loan Acquired For Six-Story Office & Retail Conversion At 455 Jefferson Street, Bushwick

12:00 pm on October 14, 2015 By Reid Wilson

Late last month, YIMBY brought you news of the mixed-use commercial conversion of the six-story former warehouse at 455 Jefferson Street, in northern Bushwick. Now, Dallas-based Lincoln Property Company and Boston-based Alcion Ventures have secured a $51.2 million loan for the project, according to Commercial Observer. The building will have offices on every floor and retail space at street level, which will total 122,697 square feet in rentable space. Work began last month, and completion is expected next June.

455 Jefferson Street, image via teaser site

Office and Retail Conversion Slated for Bushwick Warehouse, 455 Jefferson Street

7:30 am on September 25, 2015 By Rebecca Baird-Remba

The East Williamsburg-Bushwick industrial zone is slowly transitioning from a no man’s land around the heavily polluted Newtown Creek to a mixed-use neighborhood complete with hotels, nightclubs and retail. Near the Jefferson Street L stop, the Bushwick Collective mural project has hastened gentrification by beautifying several barren blocks with the work of dozens of street artists. So it’s no surprise that a hulking six-story factory nearby at 455 Jefferson Street may become offices and retail.

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