JV of Brownstoner.com's Butler, BFC Partners and Goldman Sachs announce leasing at 140,000 s/f commercial complex 100 Dean Street

A joint venture of Brownstoner.com's Jonathan Butler, BFC Partners and the Goldman Sachs Urban Investment Group announced that office leasing has successfully begun at 1000 Dean Street, the newly-redeveloped, 140,000 s/f commercial complex designed for artisans, creative companies, technology firms, not-for-profits, and artists in Crown Heights, Brooklyn. The four-story, former Studebaker Service Station building - designed by architect Annabel Selldorf - offers spaces varying from 500 rentable s/f to 32,000 rentable s/f. "As demand for affordable office space continues to ripple out beyond Brooklyn's Tech Triangle, we are excited to be part of the exciting revitalization of the borough of Brooklyn," said Joseph Ferrara, a partner with Don Capoccia and Brandon Baron at BFC Partners, 1000 Dean's developer, along with Butler. Chris Havens of Aptsandlofts.com is the exclusive leasing agent for the building. Designed with the needs of today's growing technology and creative companies in-mind, 1000 Dean merges office, production and collaborative spaces under one roof. On the ground floor, where East Williamsburg's 3rd Ward is creating a food business incubator facility, two entrances serve both Dean and Bergen Streets. A 9,000 s/f beer hall, coffee house and outdoor garden with varied food outlets, as well as a private room is being developed. Soon, this will be the largest and most comfortable gathering place in the Crown Heights neighborhood, serving tenants, as well as neighborhood residents, with meeting, eating and drinking space. "We are thrilled to offer small businesses the opportunity to grow their operations in Brooklyn," said Margaret Anadu, vice president in the Urban Investment Group at Goldman Sachs. "The project will play a role in the continued revitalization of Crown Heights by creating jobs, fostering innovation, and enhancing the productive use of the building." The modern, fully-renovated property features open plan layouts with all new electrical, plumbing, HVAC, elevators and fiber optics. The building's upper three floors will be utilized as creative office space, with units as small as 500 s/f and flexible lease terms varying from one to five years. Most rents range from $1,500 to $3,000 per month. Located in the affordable, emerging and historic Crown Heights neighborhood, 1000 Dean is surrounded by a low-rise community of houses and small buildings. Crown Heights North boasts a new generation of restaurants, bars and quick fine food, supported by hardware, cleaning and child care services, with reasonable residential rents. Over three dozen new businesses have opened in the last few years, transforming the retail environment. Occupancy is expected for October 1st, 2013.