April 23, 2010 -
Front Section
The U.S General Services Administration will lease 12,000 s/f over a 10-year lease period at the BellTel Lofts, 365 Bridge St. The space will offer federal employees that live or work in Downtown Brooklyn a new federally-sponsored child care center.
"BellTel Lofts offers a central location, access to several major subway lines and the opportunity to work or play in a historic building with an extremely rich history," said JJ Bistricer, executive vice president of Clipper Equity, LLC, developer of BellTel Lofts. "We welcome GSA and look forward to seeing many smiling children in the building."
BellTel Lofts is a 27-story condominium building in the Metro Tech campus. Restored as an Art Deco masterpiece, it is a designated landmark comprised of 250 residential units.
Robert Hebron IV of Ingram & Hebron Realty, Inc. represented landlords and developers Metrotech LLC1 (David and JJ Bistricer) in the negotiations with the federal agency.
The tenancy was a result of a public solicitation from the GSA as presented by Hebron and arose from his vision of utilizing the ground floor space in a way that serves both the community and the condominium owners in the building.