News: Brokerage

Winick Realty Group, Red Apple Group and Myrtle Avenue BID unveil newly-constructed retail space at 81 Fleet Place in Downtown Brooklyn on October 7th

Shown (from left) are: John Catsimatidis, Jeff Winick, and the Red Apple Real Estate Development team, John Catsimatdis, Jr., Andrea Catsimatidis, Bob Zorn, Maria Rosenfeld and Ralph Zirinsky. Shown (from left) are: John Catsimatidis, Jeff Winick, and the Red Apple Real Estate Development team, John Catsimatdis, Jr., Andrea Catsimatidis, Bob Zorn, Maria Rosenfeld and Ralph Zirinsky.

Brooklyn, NY Winick Realty Group, Red Apple Group and the Myrtle Ave. BID welcomed real estate professionals to 81 Fleet Place on Wednesday October 7th to experience the newly-constructed etail and residential towers that are filling a previously-underutilized stretch of Myrtle Ave.

The building complex that consists of 180 Myrtle Ave. (aka “The Margo”), 81 Fleet Place (aka “The Giovanni”), 86 Fleet Place and 218 Myrtle Ave. (aka “The Andrea”) is bringing 1,000 new residential units to the neighborhood, which has seen a building boom in recent years. More than 5,000 residential apartments are located within a two-block radius, as are the City Point retail complex; the Barclay’s Center, which is the most profitable entertainment venue in the United States; and Metro Tech, which comprises more than three million sf of office space.

“This project is creating one cohesive neighborhood connecting both sides of Fort Greene Park and it is helping to make Downtown Brooklyn a dynamic and vital area that young professionals and families can call home,” said Diana Boutross of Winick, who, along with Winick CEO Jeff Winick, is currently marketing more than 30,000 s/f of retail availabilities at 180 Myrtle Ave., 81 Fleet Place and 86 Fleet Place.

 Red Apple Group chairman John Catsimatidis spoke at the event, reflecting on his history with the neighborhood dating back to his days at Brooklyn Tech High School. Through his vision, four buildings are rising in the place of parking lots and there is now ample opportunity to bring much-needed amenities to the residents, students, shoppers and tourists who frequent the downtown area.

The retail at 218 Myrtle Ave. has been leased to a CVS and a Red Apple Supermarket. Boutross and Winick are currently marketing 10,541 s/f at 180 Myrtle Ave., 11,773 s/f at 81 Fleet Place and 10,025 s/f at 86 Fleet Place, representing the largest contiguous retail space available in the market.

Each storefront offers a variety of possible divisions with 18-ft. ceiling heights and on-site parking, as well as unprecedented accessibility to every subway line—including the A, C, F, N and R at Jay St./Metro Tech; the 2 and 3 at Hoyt St.; and the B. Q. and R at DeKalb Ave.

“Downtown Brooklyn is now the third largest market in the world and thanks to the foresight and vision of John Catsimatidis and Red

Apple Group, we have the opportunity for an engaging mix of retail options that will change the neighborhood very quickly,” said Boutross.

For more information, please visit the company website www.winick.com.

 

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