gentrification | The Commercial Observer

By Billy Gray 3/21 7:30am

Martin Scorsese Implores Amanda Burden To Revise Bowery Zoning

Martin Scorsese, who grew up on the then-mean streets of Little Italy, has joined the fight to slow the luxurious transformation of the Bowery. The director recently wrote a letter to City Planning Commission Chair Amanda Burden that announced his solidarity with the Bowery Alliance of Neighbors as the organization seeks revised zoning limits on the east side of the thoroughfare, a former Skid Row and, before that, theater and vaudeville destination. Read More

By Billy Gray 1/21 3:12pm

On the Market

92,000-Square-Foot Retail Space Hits Williamsburg Market

Two floors encompassing 92,000 square feet of retail space at the luxury residential conversion 185 Wythe Avenue in Williamsburg are on the market.

The leasing agency, TerraCRG, claims in the listing that this is the largest contiguous available retail block in the north Brooklyn neighborhood. Asking rents are at $50 per square foot for minimal divisible lot sizes of 5,000 square feet. Read More

By Billy Gray 12/07/12 8:00am

Slideshow

6 Photos

In late 2008, Milk Studios owner Erez Shternlicht buys a Mobil gas station at 10th Avenue and 14th Street for $60 million. It sits below the abandoned railroad tracks of what would soon reopen as the High Line pedestrian Park.

As Illustrated: How to Turn a Gas Station Into a Top Retail Destination

The Meatpacking District had already seen rapid-fire gentrification when, in 2008, a Mobil station at the entrance to the neighborhood sold for $60 million and buzz circulated that it would go retail. Months after the sale, the High Line park opened and completed the once-gritty district’s transformation. Now, new owners are redeveloping the old gas Read More

Commercial Observer

Martin Scorsese Implores Amanda Burden To Revise Bowery Zoning

92,000-Square-Foot Retail Space Hits Williamsburg Market

As Illustrated: How to Turn a Gas Station Into a Top Retail Destination

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