News: Brokerage

Industry City welcomes abc carpet & home: 20,732 s/f

Brooklyn, NY According to Industry City, owned by Belvedere Capital, Jamestown, and Angelo Gordon & Co., abc carpet & home, a purveyor of design essentials including rugs, furniture, lighting, bedding, vintage and one-of-a-kind finds, has opened a new location in the center of the 35-acre creative campus.

As home of the Brooklyn Design District at Industry City, a collective of more than 130 architects, designers, and design retailers, abc carpet & home’s new 20,732 s/f  outlet adds to a comprehensive design retail shopping experience found at Industry City.

Located in Building 2, abc carpet & home’s newly opened, two-story outlet has over 4,000 handmade rugs and wall-to-wall carpeting. The new location also offers access to public transportation, food retailers, validated parking, and Industry City’s courtyards, along with the abc Custom Bar where patrons can meet with specialists to customize spaces or specific pieces/styles.

“The impressive lineup of design retailers at Industry City confirms its identity as Brooklyn’s Design District. The continued growth of abc carpet & home speaks to the enduring trust that design brands such as theirs have in our creative community of designers and makers,” said Jim Somoza director of development for Industry City.

“We are honored to join Industry City’s Design District. abc’s product offerings, which emphasize sustainability, craftsmanship and support of local artisans are a perfect fit. We look forward to evolving with the Brooklyn Design District and being a part of the greater Brooklyn community,” said Susan Wallace, general manager, Brooklyn of abc carpet & home.

The redevelopment of Industry City—launched in 2013 by Belvedere Capital and Jamestown—has generated significant leasing activity and job creation. Over the past six years, Industry City has invested over $450 million into the property and leased more than 3 million s/f of space.

Industry City is accessible by the D, N, R trains and multiple bus routes including the B35 and B37. Parking is available at 37th and 2nd Ave., along with bike racks and five CitiBike stations.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent