Walked by yesterday. The store is stocked and looks pretty nice. I wanted to walk in just to check out the prices (just to see *how* expensive the clothes are) but refrained. I wonder how profitable a high-end clothing shop will be. The clothes look trendy and expensive. Is Franklin Ave a shopping destination?
Locally, my favorite "legacy sign" is at 349 Flatbush Avenue, near Park Place. At some point in the distant past, one could get Briggs & Stratton small engines repaired...
I stopped by, tried some things on, didn't purchase. The clothes are indeed, quite lovely- she's curated well. Average price for a blouse/dress is about $80-ish. I did find a dress that was $55. Scarves were $35. Shirts varied based on the material. All the clothes come from Paris or Italy. Something to keep in mind- ALL the clothes hanging were O/S (one size). That said, as a curvy girl, I did actually find things that fit me (a O/S from Paris that FIT ME??? Zomg!)
Shop owner is a local resident- she was very nice.
I went in on Sunday and ended up buying a couple of things. I thought the prices were fair for the product; not inexpensive, but certainly less than a similar type of boutique would charge in a wealthier area of town. There's not all that much shopping on Franklin, compared to the number of other types of storefronts, so I hope it does well.
Like whatchuwant mentioned, most everything appeared to be O/S, but cut in a way that would fit a variety of sizes and body types. That should keep cost and risk down for the merchants (a boon for a new business) and still serve a variety of clientele. I'm on the larger end of the size spectrum, and I didn't feel put off by the place.
I think the neighborhood now has enough children that a traditional ice cream shop could survive at this location.
Ben and Jerry's
Baskin Robin
...YoGu Moo failed at this location because it didn't have enough seating, had strange hours and the neighborhood did not yet have enough parents with money and small children.
I think they could take the roof off of that storefront space and turn it into a courtyard with outdoor seating for whatever shop is next to it, and then transfer their square footage up to the top of the building for a penthouse apartment.
Alternatively, it'd be a pretty sweet subway entrance. And building a subway entrance would buy them more square footage for even more penthouse apartments on top of the building.
Didn't realize they were expensive, because I'm a guy, which is part of their problem. You cleave off half your potential clientele in a niche business and it doesn't bode well.
I stopped by, tried some things on, didn't purchase. The clothes are indeed, quite lovely- she's curated well. Average price for a blouse/dress is about $80-ish. I did find a dress that was $55. Scarves were $35. Shirts varied based on the material. All the clothes come from Paris or Italy. Something to keep in mind- ALL the clothes hanging were O/S (one size). That said, as a curvy girl, I did actually find things that fit me (a O/S from Paris that FIT ME??? Zomg!)
Shop owner is a local resident- she was very nice.
I heard through the grapevine that the space is going to be a cheese shop related to Wino(t). Hopefully they have other kinds of specialty foods, too, because cheese alone seems like kind of a long shot to sustain a Franklin storefront.
It's also worth pointing out their other physical locations: https://www.compass.com/about/offices. Mostly all high-end areas. Really interesting move beating Corcoran here.
The other one has more street frontage and space (750 sq ft), but they are being coy and stating "negotiable".
So, I'd bet they are looking for around $9k a month.
If you had a non food use, you might get it for a little less. Seems like a bank of ATMs would be a good fit.
http://www.cityfeet.com/cont/forlease/ln20293787/800-franklin-ave-brooklyn-ny-11238
I did a little snooping today and learned that the corner bodega's lease will be up "soon", which I interpret to mean within 1 year.
The space will be able to utilize the front garden area, much like Dunkin Donuts does on the other side of Eastern Parkway.
So, the landlord may keep their prices high to see if it is in their best interests to combine all 3 spaces.
We could have the makings of a very nice restaurant/bar, with outdoor seating on our hands.
They seem open to a variety of tenants: "This storefront space would be prefect for any use including any retail usage, office, cafe, bar, restaurant, barber/salon/tattoo shop, etc. Please contact with any questions regarding usage"
The line is out the door every Saturday and a Sunday at Bagel Pub. Those bagels are legit. Way better than Nagels.
Their bagels might be good but they also lack competition in the choose-your-own approach to sandwiches, salads, smoothies, and more. Service is consistently terrible and I am pained every time I go and support this badly run business that also overcharges. But, alas, it's the only option for that kind of food in the area, and I always hope that maybe, just maybe, they'll get my order right this time and/or I won't have to wait around for minimum 10 minutes...
There doesn't appear to be any plumbing in the store so whoever is going to build it out is going to have to spend big bucks to build bathroom, sinks, etc.
The line is out the door every Saturday and a Sunday at Bagel Pub. Those bagels are legit. Way better than Nagels.
Their bagels might be good but they also lack competition in the choose-your-own approach to sandwiches, salads, smoothies, and more. Service is consistently terrible and I am pained every time I go and support this badly run business that also overcharges. But, alas, it's the only option for that kind of food in the area, and I always hope that maybe, just maybe, they'll get my order right this time and/or I won't have to wait around for minimum 10 minutes...
True - the line is always out the door and it takes for ever if you order anything that has to be cooked. I bet Cocoa grinder will take some of their business since it seems like a pretty similar type of place.
So, the store basically exists because of lotto tickets, which is basically a regressive tax on the dreams of the moderate and low-income people. Yeesh.
Some diversify into illegal activity. ...others are merely living out leases which don't demand a lot of economic activity. As a result of not adapting to the new customer base, this one won't survive its lease renewal.
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Streetview: http://goo.gl/maps/Xgmhl
Now, one can merely get mexican and chinese food.
I think the neighborhood now has enough children that a traditional ice cream shop could survive at this location.
Ben and Jerry's
Baskin Robin
...YoGu Moo failed at this location because it didn't have enough seating, had strange hours and the neighborhood did not yet have enough parents with money and small children.
It is a new day.
I contacted Winot and they state said rumor has no validity.
800 Franklin Avenue. Still appears for lease.
http://www.loopnet.com/Listing/19664195/800-Franklin-Avenue-Brooklyn-NY/
http://www.loopnet.com/Listing/19664487/800a-Franklin-Ave-Brooklyn-NY/
....but a small part of me would like all signs to remain in place for 5 years.
It might give pause to aspiring small business owners.
.... I see Corcoran as focusing on slightly older buyers and locations.
Here's YIMBY's (ie Rebecca's) jabberings about 762 Park: http://newyorkyimby.com/2016/04/permits-filed-762-park-place-crown-heights.html
Here is our jabbering: http://www.brooklynian.com/discussion/45340/the-garages-and-warehouses-on-park-place-between-rogers-and-nostrand-are-going-away
Here's the first listings to hit the market:
#5D - 762 Park Place $1,145,000
3 beds•2 baths•1,206 ft²
$1,145,000
2 beds•2 baths•915 ft²
3 beds•2 baths•1,114 ft²
2 beds•2 baths•976 ft²
#3A - 762 Park Place $720,000
1 bed•1 bath•814 ft²
...they are approaching the $1000 PSF mark
Compass wants people to believe it is worth $1.2 - 1.3 Billion. http://therealdeal.com/2016/07/12/compass-wants-investors-to-believe-its-worth-1-3b/
...the wooden yogomoo sign had to go.