New Development coming to Dean between Franklin Classon

July 25:

Aptandlofts seems to have an exclusive on renting out these properties, and their site is now advertising what some of the individual spaces in 1000 Dean will rent for:

http://www.aptsandlofts.com/rentals/1000-dean-street-unit-204-brooklyn-ny-11238

http://www.aptsandlofts.com/rentals/1000-dean-street-unit-224-brooklyn-ny-11238

http://www.aptsandlofts.com/rentals/1000-dean-street-unit-323-brooklyn-ny-11238

http://www.aptsandlofts.com/rentals/1000-dean-street-unit-351-brooklyn-ny-11238

The rents seem pretty reasonable.

The ads continue to state that occupancy will be possible as of Oct 1.

...1300 sq ft in a recently renovated building with good foot traffic and amenities = $2700 a month.

They state they are willing to consider 1 - 5 year leases, which makes me wonder just how large of an annual increase is part of the 5 year options. If the last 5 years are anything like the next 5, I would really consider these.

Note: No, I don't work for Brownstoner or 1000 Dean, or Aptsandlofts

On track for an Oct 2013 opening, the pre-opening press is now running at full steam:

http://gothamist.com/2013/07/28/photos_brooklyn_flea_founder_is_ope.php#photo-1

^lots of photos^

The Real Deal is a staple of those in real estate:

http://therealdeal.com/blog/2013/07/29/jonathan-butlers-crown-heights-commercial-complex-begins-leasing-today/

Here we go!

Note: The Brooklyn Flea and the beer hall are not expected to open until 2014, the hype is over the office spaces coming on line.

The media coverage is widespread, and he seems to be managing it well:

http://commercialobserver.com/2013/08/jewel-in-the-crown-brownstoners-jonathan-butler-invests-in-bk/

more press: http://www.dnainfo.com/new-york/20130913/crown-heights/brooklyn-flea-founders-1000-dean-street-project-now-leasing-office-space

The building next door is now for lease as retail space.

http://www.loopnet.com/Listing/18352628/1010-Dean-Street-Brooklyn-NY/

As is this building about a block away:

http://www.loopnet.com/Listing/18339474/845-Dean-Street-Brooklyn-NY/

October 9, 2013

3rd Ward seems to be in major financial trouble:

http://observer.com/2013/10/brooklyns-creative-community-3rd-ward-shutters-without-warning/

http://gothamist.com/2013/10/09/3rd_ward_abruptly_shutters.php

This makes me believe that the venue planned for 1000 Dean is in trouble as well:

http://www.dnainfo.com/new-york/20130605/crown-heights/bushwicks-3rd-ward-brings-experimental-test-kitchen-crown-heights

....um, know anyone who might be interested in several thousand square feet of new commercial space in Crown Heights?

i was just about to post. this is such a bummer. very sad for those employed by 3rd ward and those who wont be reimbursed. plus, crown heights really lost out- that culinary space wouldve been amazing.

I wonder if the Culinary space will be affected -- maybe it was a separate capital project or entity? Jonathan Butler seems like a really shrewd guy who would REALLY make sure that his proposed tenant is solid...but I am sure we will learn more as time goes on.

Hopefully the culinary space and commissary kitchen idea aren't dead. There are plenty of other successful well-run such kitchens all around NYC, and I'd think Jonathan & team can partner with them to open a Brooklyn location on Dean St.

This was one of the aspects of the building I was most looking forward to. And if the guys behind 3rd Ward are as poor at running a business as commenters elsewhere seem to say, maybe this is a good thing

I suspect the folks that are running 1000 Dean will be ok; Commercial leases often require a substansial deposit.

They will keep this deposit, and then work their butt off to fill this space with a new tenant. The loss of 3rd is going to hurt; To use the language of a suburban mall, 3rd Ward was going to be an "anchor tenant"

I'm also curious about whether the NYC Economic Development Corporation will be able to recoup any of the $1.5M it pledged to the Kitchen Incubator.

http://www.brooklynpaper.com/stories/35/5/dtg_3rdwardkitchen_2012_02_10_bk.html

Hopefully, that money was not paid in advance, but was instead to be paid out over a period of time as the venture matured.

The more that gets out about the owners, the more it seems like they were a terrible choice.

Maybe they were reallllllly holding out that revenue generated from 1000 Dean would help them out of their situation. But also, they just seemed like selfish, trainwreck individuals.

http://freewilliamsburg.com/3rd-ward-members-will-not-get-refunds-owner-had-history-of-being-an-unorganized-slumlord/

It does raise the question "Did the NYC Economic Development Corporation conduct due diligence before making this award, or was this award political in nature"

Marty Cooks Up Food Incubator

Bushwick's 3rd Ward—an artists' collective—has been tapped by the city's Economic Development Corp. to launch a million-dollar business incubator catering to Brooklyn's burgeoning food entrepreneurs, Brooklyn Borough President Marty Markowitz will announce tonight in his State of the Borough speech. He had served up the idea during last year's address and has said the space must be in a high-unemployment neighborhood, such as Bedford-Stuyvesant, Bushwick or East New York. The plan requires authorization from the mayor.

http://www.crainsnewyork.com/article/20120201/INS/120139972

Also, it has been quite sometime since western Crown Heights was a "high-unemployment neighborhood, such as Bedford-Stuyvesant, Bushwick or East New York".

I'd really like to read the specifics of how they were going to use the kitchen incubator in a way that benefitted the demographics this money was DESIGNED FOR, and how 3rd Ward successfully argued that they had the skill set to deliver these services.

I don't know if you ever went to the 3rd Ward site in Bushwick, but I took a woodworking class there a few years ago, and let's just say they were not providing NYC's long term unemployed or underemployed with programming.

A reputable, established non-profit such as FedCap seems like it would have been a better choice for the intent of EDC funds: http://www.fedcap.org/programs--education/vocational-training

P.S. Sonja (the writer for DNA.info) and I read each other's work.

To me, it seems clear my jabbering provided her the base for the short piece she published today: http://www.dnainfo.com/new-york/20131015/crown-heights/test-kitchen-space-at-1000-dean-limbo-after-3rd-ward-closure-bushwick

Hopefully she will be able to get some actual answers if she does another piece in a few weeks.

The Observer did some digging, and wrote an obituary:

http://observer.com/2013/10/what-happened-to-3rd-ward/

Brownstoner staffers-

For obvious reasons, you have given this story little to zero coverage. Please let us know what you can, when you can.

Thanks,

whynot_31

Nov 1

An Brownstoner article discusses progress at the site, but makes no mention of 3rd Ward's disappearance.

http://www.brownstoner.com/blog/2013/11/1000-dean-street-now-renting-small-office-spaces-targeting-january-occupancy/

I suspect the silence stems from ongoing litigation.

Do you think it will be easy or difficult to find another group to run the test kitchen/incubator or whatever 3rd Ward was in charge of?

They need to find a new anchor tenant. It is an attractive enough venue that I am sure several organizations are interested.

The question is, do they have the $?

....an organization that comes to mind is the School for Visual Arts Continuing Education program.

http://www.sva.edu/continuing-education

I think it would do well here.

Jonathan Butler talks about the plans post-3rd Ward. And he says the beer hall is expected to open in March with four Flea/Smorg vendors. http://commercialobserver.com/2013/11/3rd-ward-1000-dean/

3rd Ward falling under is probably the best thing that could happen to 1000 Dean. Finding a new anchor tenant is a minor setback, but better than the business of, what seem to be, reckless and irresponsible business owners.

To reduce chances of a repeat failure, I'm sure the next tenant will be vetted VERY closely by the lawyers and CPAs employed by 1000 Dean.

However, I am not as optimistic that NYC EDC will be able to apply this lesson as quickly.

Epiclylaterd said:

Do you think it will be easy or difficult to find another group to run the test kitchen/incubator or whatever 3rd Ward was in charge of?

EDC is about to see ....they have now issued a new RFP for the project:

http://www.dnainfo.com/new-york/20131119/crown-heights/city-seeks-central-brooklyn-test-kitchen-after-3rd-ward-closes

Thanks Sonja!

A final obituary is written for 3rd Ward.

http://www.nytimes.com/2013/12/03/nyregion/at-once-promising-brooklyn-arts-center-dashed-hopes.html

Readers, this development is one of several developments happening in western Crown Heights in 2014 that we will watching closely. To learn about the others, see this thread: http://www.brooklynian.com/discussion/37490/the-big-6-developments-in-western-ch-in-2013-the-big-11-developments-in-2014#Item_29

the garage/warehouse next door is doing its best to cash in on its neighbor

http://www.cpexre.com/system/assets/properties/documents/627/original/1010_Dean_Street_-_Setup.pdf?1379098568

Franklin Roadhouse? And if they're going to cash in on the hype of neighborhood tenants, couldn't they take the time to spell Barboncino correctly

I have the sense that the people who create the flyers are not the same as the actual agents, and know very little about the neighborhood. They just use old material.

She might not be an anchor tenant, but she is one that will bring in a lot of foot traffic....--> Laurie Cumbo who began her term in the new year as the representative for Prospect Heights, Crown Heights and Fort Greene in 35th District Councilmatic District. Council Member Cumbo's district office will be located at 1000 Dean Street between Classon and Franklin Avenues. <---

Some more news about EDC's test kitchen RFP in DNAinfo:

Test Kitchens Compete for Space in 1000 Dean St. - Crown Heights - DNAinfo.com New York - DNAinfo New York

The building will host Councilwoman Cumbo's district office, and Berg'n Beer Hall will open in March.