To all great Brokers and Agents in Brooklyn Real Estate, be aware of this latest news about Brooklyn.
The Center For Fiction is relocating from their building located in Midtown Manhattan at 17 East 47th Street to 280 Ashland Place, a mixed use development in the heart of Brooklyn’s Cultural District.
The Jonathan Rose Cos. President, Jonathan Rose said that “they were looking for a new home and had the financial resources to work on a new project”.
The Center For Fiction sold their East 47th Street eight story, white marble building for $18M.
The Center For Fiction hosts lectures and panel discussions with famous authors such as Michael Cunningham and writing workshops are offered. It’s the only nonprofit library organization in the U.S. solely dedicated to fiction.
Jonathan Rose Cos.stated that “ they will do the core and shell construction for the Center For Fiction’s 17,696 square foot space at the developer’s cost, sell it to the Center as a commercial condominium and the Center will do it’s own interior build out.” Noreen Tomassi, executive director for the Center For Fiction said that “they will pay $5.5M for the space.” Tomassi continued to say “it’s important to us that the literary arts be featured very prominently in the mix of this great cultural district”. Neighbors to the Center include Mark Morris Dance Center, The Shakespear Theatre For a New Audience, BRIC and UrbanGlass.
Tomassi observes that “the borough may have more readers per square inch than anywhere in the country. Look at all the bookstores that thrive in Brooklyn”!
The 11 story building at 280 Ashland Place will also have the first Brooklyn location for celebrity chef Tom Colicchio’s gourmet sandwich shop witchcraft and 123 rental apartments.
For more information on the latest developments in Brooklyn’s Cultural District call Jeff and Anna at 718-375-2065.
If you are planning to sell your Brooklyn property such as residential, commercial, mixed use, multi family, vacant land, co-op or condominium or development opportunity call us. You will be very happy that you did.