Adam America and Slate Property Group are in contract to acquire the connecting development sites spanning 8-16 Nevins Street and 299-301 Livingston Street, in Downtown Brooklyn, for more than $50 million. The assemblage reportedly boasts roughly 180,000 square feet in building potential. Demolition on the site’s existing low-rise buildings will continue once the transaction closes in the next few months.
Slate Property Group
The squat two-story commercial building that once filled the corner of Flatbush Avenue and Fulton Street has been completely demolished. Back in April, the Post reported that Slate Property Group and and Meadow Partners closed on the purchase of the site at 1 Flatbush Avenue for a record-breaking $59 million, and it looks like work is moving right along.
Slate Property Group is planning to develop a seven-story, 126-rental-unit mixed-use building from the existing single-story warehouse at 432 Rodney Street, in central Williamsburg. The 99,140 square-foot building will feature nearly 13,950 square feet of retail on the ground floor, and Aufgang Architects is designing.
Developer Slate Property Group is moving forward with plans to close and demolish a Key Food at 325 Lafayette Avenue in Clinton Hill, and YIMBY has the first look at the new development that will replace the grocery store.
Last month, Slate Property Group caused an uproar when they announced their plans to buy the Key Food site at 325 Lafayette Avenue in Clinton Hill, near the Pratt Towers Mitchell-Lama co-op complex, and raze…