Development Watch: 240 Atlantic Avenue Rising


Looks like progress has been made since last we checked in on 240 Atlantic Avenue in February. In September, a stop work order was issued for operating a crane with no permit, but looks like it's since been resolved, and the five-story, 55-unit building (a stone's throw from the Brooklyn House of Detention) is under way. It's designed by Moss & Sayad Architects and the commercial aspect of it is handled by CPEX Real Estate (scroll down for the 240 listing). The building will have 37,000 square feet of retail space, divisible into parcels as small as 500 square feet and as big as 24,000 square feet. This article from Real Estate Weekly predicts a finishing date of summer 2009 (CPEX folks say next fall is more likely), and reveals that the building will have 179,000 square feet of residential space, most of it on the Pacific Street side of the site, and two levels of underground parking. This much we do know: there's some lovely Astroturf slathered over the fence to prevent curious passersby from garnering too much info, but a little fake grass on chain link can't stop us. See photo on the jump.
Development Watch: 240 Atlantic Avenue [Brownstoner] GMAP P*Shark DOB
Development Watch: 240 Atlantic Avenue [Brownstoner]

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