1000 Dean Street - Brooklyn, NY

Brooklyn, NY According to BFC Partners and Brownstoner Development, A+E Networks will be the newest tenant of 1000 Dean St., a historic Crown Heights commercial building that is becoming a new home for the area’s creative community. The pioneering deal will help launch A+E’s 45^th & Dean multi-platform content-creation hub, making it the first major broadcasting company to open offices in this area of the borough.

Bosko Stankovich, Ingram & Hebron

Rob Hebron, V, Ingram & Hebron

The 45^th & Dean facility will include 11,775 s/f of studios and office space across the ground and second floors of 1000 Dean, enabling A+E to provide more digital content, social media outreach, brand development and other programming. The spaces and creative culture at 1000 Dean made it the right place for A+E to explore new paths to engaging digital audiences and building compelling brands.

“Bringing A+E to Crown Heights is a game-changer for growing Brooklyn’s economy and expanding the horizon for commercial office space,” said Don Capoccia, principal at BFC Partners. “With yet another high-profile tenant onboard, we’re proud that 1000 Dean has quickly become one of the city’s most vibrant creative hubs.”

“Just as 45th & Dean will change the way we look at digital content, coming to Crown Heights will help us take a fresh approach to this creative space,” said Sean Cohan, president of International and Digital Media at A+E Networks. “1000 Dean is the perfect home for our push to provide new content and tools to connect with diverse audiences worldwide.”

A+E was represented by Rob Hebron, V, and Bosko Stankovich of Brooklyn’s Ingram & Hebron Realty and signed its lease with 1000 Dean co-owners BFC Partners and Brownstoner Development last week, and the new 45^th & Dean space is expected to open in early 2017. The landlord was represented by Chris Havens of CitiHabitats.

Other major tenants at 1000 Dean include D’Addario, the Brooklyn Community Foundation and BERG’N, a 9,000-square-foot food and beer hall operated by the founders of Smorgasburg.

“The incredible growth of 1000 Dean has shown just how much Crown Heights has to offer to both Brooklyn-based entrepreneurs and major national brands,” said Marc Agger, a partner with Jonathan Butler in Brownstoner Development. “Now that we’ve helped shape the future of outer-borough commercial office space, we look forward to celebrating many more firsts in the years to come.”

“A+E moving to Brooklyn reflects the revitalization that is happening in Crown Heights, with 1000 Dean catalyzing much of the recent development in the area,” said Margaret Anadu, Managing Director who leads the Urban Investment Group at Goldman Sachs. “We are proud to be an investor in and partner of 1000 Dean, which has been a driver of innovation and economic development for many businesses in Crown Heights”

Since leasing began in spring of 2014, 1000 Dean’s owners have leased the vast majority of its 150,000 s/f. The historic building was designed to address the diverse needs of the area's creative and small business community and offers a range of office sizes.

Formerly the Studebaker Service Station, the four-story, 150,000 s/f concrete building was purchased in 2012 by a joint venture between Brownstoner Development, BFC Partners and the Goldman Sachs Urban Investment Group. The partnership has spent the past several years converting the 1920′s-era building into offices and studios that are anchored on the ground floor by a 9,000 s/ffood and beer hall. 

BFC has been a developer of affordable and market-rate housing, as well as mixed use projects in New York City for more than 30 years. After starting in the East Village in the 1980s, BFC has established itself as a major developer in Brooklyn, completing the award-winning Toren in Downtown Brooklyn and the award-winning creative office building 1000 Dean St. in Crown Heights. BFC is currently nearing completion on 7 DeKalb at City Point on Flatbush Ave. and has broken ground on an outlet center on Staten Island. Most recently, BFC was part of a team to be selected by the city to develop Bedford Courts in Crown Heights and Essex Crossing on the Lower East Side. Since the firm’s inception in the 1985, BFC and its principals have completed over $5 billion in development projects, encompassing the construction of more than 8,000 residential units and millions of square feet of mixed-use development.