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Presently Ride Aid, 1040 St Johns (near Kingston) is to become a 112 unit building

whynot_31
whynot_31
image

quote:
UPDATED, 3:16 p.m., Oct. 28: Soft Stone Development plans to build a 122-unit, mixed-use building above a Rite Aid pharmacy in Crown Heights, according to a permit application filed with the city’s Department of Buildings Wednesday.

The seven-story, 122,075-square-foot building at 1040 St. John’s Place in Brooklyn, near Kingston Avenue, would rise on the site. In addition to the apartments and the 9,000-square-foot, ground-floor pharmacy, there will be a 29,285-square-foot community facility, the filing shows.

The seven-story building’s third through sixth floors will each have 24 apartments, while the top floor will have 26 units. The rooftop will include an outdoor recreation area.

Affordable Housing Real Estate Corp. bought the building in 2004 for $1.9 million. Soft Stone, a Borough Park-based firm affiliated with controversial investor Chaim Miller, is the developer.

A representative for Soft Stone declined to comment. Architect Julien Flander could not be immediately reached.

No permit applications have been filed to demolish the 9,000-square-foot pharmacy, which will remain intact. The building was constructed in 1920, records show.
- See more at: http://therealdeal.com/blog/2015/10/28/soft-stone-to-bring-122-apartments-to-crown-heights/#sthash.U45LrDca.dpuf

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UPDATED, 3:16 p.m., Oct. 28:
Soft Stone Development plans to build a 122-unit, mixed-use building
above a Rite Aid pharmacy in Crown Heights, according to a permit
application filed with the city’s Department of Buildings Wednesday.

The seven-story, 122,075-square-foot building at 1040 St. John’s
Place in Brooklyn, near Kingston Avenue, would rise on the site. In
addition to the apartments and the 9,000-square-foot, ground-floor
pharmacy, there will be a 29,285-square-foot community facility, the
filing shows.

The seven-story building’s third through sixth floors will each have
24 apartments, while the top floor will have 26 units. The rooftop will
include an outdoor recreation area.

Affordable Housing Real Estate Corp. bought the building in 2004 for
$1.9 million. Soft Stone, a Borough Park-based firm affiliated with controversial investor Chaim Miller, is the developer.

A representative for Soft Stone declined to comment. Architect Julien Flander could not be immediately reached.

No permit applications have been filed to demolish the
9,000-square-foot pharmacy, which will remain intact. The building was
constructed in 1920, records show.

- See more at: http://therealdeal.com/blog/2015/10/28/soft-stone-to-bring-122-apartments-to-crown-heights/#sthash.U45LrDca.dpufUPDATED, 3:16 p.m., Oct. 28: Soft Stone Development plans to build a 122-unit, mixed-use building above a Rite Aid pharmacy in Crown Heights, according to a permit application filed with the city’s Department of Buildings Wednesday.

The seven-story, 122,075-square-foot building at 1040 St. John’s Place in Brooklyn, near Kingston Avenue, would rise on the site. In addition to the apartments and the 9,000-square-foot, ground-floor pharmacy, there will be a 29,285-square-foot community facility, the filing shows.

The seven-story building’s third through sixth floors will each have 24 apartments, while the top floor will have 26 units. The rooftop will include an outdoor recreation area.

Affordable Housing Real Estate Corp. bought the building in 2004 for $1.9 million. Soft Stone, a Borough Park-based firm affiliated with controversial investor Chaim Miller, is the developer.

A representative for Soft Stone declined to comment. Architect Julien Flander could not be immediately reached.

No permit applications have been filed to demolish the 9,000-square-foot pharmacy, which will remain intact. The building was constructed in 1920, records show.
- See more at: http://therealdeal.com/blog/2015/10/28/soft-stone-to-bring-122-apartments-to-crown-heights/#sthash.U45LrDca.dpuf

Comments

  • whynot_31
    whynot_31
    The present drug store will occupy the first floor of the new structure.

    http://newyorkyimby.com/2015/10/122-unit-mixed-use-building-planned-for-1040-st-johns-place-crown-heights.html
  • crownheightster
    crownheightster
    I'm thinking it is going to be a Chabad dorm. Small rentals, thousands of feet of community space, plus the new kosher eateries on Kingston make me think it would work.
  • whynot_31
    whynot_31
    edited October 2015
    While I am sure the students would benefit from such an arrangement, I do not know of any entity in the Lubavitch community that could financially pull such a feat off.

    Instead, this development will just join the rapidly growing list of large mostly market rate developments happening in eastern Crown Heights.   Here's a very partial list:  http://www.brooklynian.com/discussion/44419/developments-in-eastern-ch
  • thecosmicrain
    thecosmicrain
    I wonder if the Rite Aid will continue to provide single-handedly the worst service I have ever experienced at a store of its sort..
  • whynot_31
    whynot_31
    In response to a new customer base, I imagine Rite Aid will close for a while and then return in a new shiner, more responsive form. 

    ...much to the chagrin of those who have endured it until now. 

  • mugofmead111
    mugofmead111
    I wonder if the Rite Aid will continue to provide single-handedly the worst service I have ever experienced at a store of its sort..
    As opposed to the Rite Aid on Bedford Avenue ? LOL
  • nothinlikeabklyngirl
    nothinlikeabklyngirl
    In response to a new customer base, I imagine Rite Aid will close for a while and then return in a new shiner, more responsive form. 

    ...much to the chagrin of those who have endured it until now. 

    It's already become a shinier version of its former self, with new flooring, a revamped cosmetics areas, craft beers, and a gluten-free section. Same old long lines and lack of customer service, though.
  • ehgee
    ehgee
    For some reason, despite everyone's stereotype of NYC gentrification being Duane Reades everywhere, Crown Heights seems to be losing chain pharmacies instead of gaining them, in spite of the 10-avenue gap between chain pharmacies between Flatbush and Brooklyn Avenues.

    A pharmacy-type store with long hours and reasonably-priced generic products would be very useful in the neighborhood.
  • crownheightster
    crownheightster
    Maybe Walgreens will take over this Rite Aid and show them how it is done. I hear that Walgreens just bought Rite-Aid (it already owns Duane Reade). 

    We have a lot of fairly limited pharmacies in CH. On Nostrand, there are three pharmacies that each have such scanty stock that to buy soap, toothpaste, and mouthwash I often have to go to each store. That is annoying. 
  • whynot_31
    whynot_31
    I wonder how many people will live above this Rite Aid, yet get their prescriptions via mail.

    ....and their other household stuff via companies like Soap.com
  • mugofmead111
    mugofmead111
    Maybe Walgreens will take over this Rite Aid and show them how it is done. I hear that Walgreens just bought Rite-Aid (it already owns Duane Reade). 

    Oh, really? 

    I find that funny considering that there were whispers that 103 Empire Boulevard was going to become a Walgreens. (A Rite Aid is around the corner on Bedford Avenue.) Crown Heights could use a Walgreens.
  • ehgee
    ehgee
    edited October 2015
    Maybe Walgreens will take over this Rite Aid and show them how it is done. I hear that Walgreens just bought Rite-Aid (it already owns Duane Reade). 

    Oh, really? 

    I find that funny considering that there were whispers that 103 Empire Boulevard was going to become a Walgreens. (A Rite Aid is around the corner on Bedford Avenue.) Crown Heights could use a Walgreens.
    Walgreens is taking over all Rite-Aids:
    And, of course, already owns Duane Reade.
  • mugofmead111
    mugofmead111
    edited October 2015
    I find it interesting that 1) Duane Reade still operates under its own name, 2) Duane Reade has Chase ATMs but Walgreens doesn't, and 3) I've seen the occasional manufacturer coupon that is just for Walgreens but not for Duane Reade. I wonder whether Rite-Aids will start to carry Chase ATMs too.

    Rite Aid changed over its loyalty card system a while back (Plenti). Now I wonder will it still use it or will it start taking the Duane Reade/Walgreens loyalty cards as well.

    I hope the takeover includes improvements in customer service; otherwise, the renovations etc. would be like putting lipstick on a pig.
  • clayfilms
    clayfilms
    edited November 2015
    Ugh. The best thing about this Rite Aid are it's low prices, long hours and free parking (a luxury in Brooklyn). I really hope that it remains a Rite Aid and that the parking remains..but alas it probably won't. 
  • pragmaticguy
    pragmaticguy
    I happened to be speaking to the landlords of a few of the smaller buildings on that block and neither of them seem to be too happy with this even though I suspect the price of their buildings will go up.
  • whynot_31
    whynot_31
    In addition to money, landlords often have plebian concerns.

    For example, some may currently enjoy finding parking near their property and know that it will soon become much more difficult.
  • pragmaticguy
    pragmaticguy
    They don't live on the premises so I don't think they're worried about that
  • dac545
    dac545
    I find it interesting that 1) Duane Reade still operates under its own name, 2) Duane Reade has Chase ATMs but Walgreens doesn't, and 3) I've seen the occasional manufacturer coupon that is just for Walgreens but not for Duane Reade. I wonder whether Rite-Aids will start to carry Chase ATMs too.

    Rite Aid changed over its loyalty card system a while back (Plenti). Now I wonder will it still use it or will it start taking the Duane Reade/Walgreens loyalty cards as well.

    I hope the takeover includes improvements in customer service; otherwise, the renovations etc. would be like putting lipstick on a pig.
    There is a new Duane Reade opening on 42nd and Lex but I noticed that the new sign that was installed overnight actually read(e)s "Duane Reade by Walgreens".  Fancy..
  • whynot_31
    whynot_31

    My favorite instance of dual branding was the era in which you could buy a Nissan by Datsun.


  • whynot_31
    whynot_31
    edited December 2015