Browsing: commercial real estate

Business Source: Commercial Acquisitions

VIVA Department Store at 1644 Sheepshead Bay Road doesn’t just slash prices, now it’s slashing square-footage. The business is putting half of its 7,000 square foot storefront on the rental market as it looks to shrink its footprint. VIVA sells everything from the sort of fare you’d find in a 99-cent store, to discount furniture,…

Real Estate Photo by Erica Sherman

Say antío to the sight of El Greco Diner, now surrounded by construction fencing. Passersby got their last view of the storied eatery last week, right before the fencing was erected on Thursday. Permits for the fencing were issued on December 19, just days after the property was bought by Rybak Development for $13 million…

Real Estate Gravesend library (Source: Google Maps)

New York City will acquire the property housing the Gravesend branch of the Brooklyn Public Library at 303 Avenue X, the latest move to own all of the 59 properties where their libraries are located. The city gained authorization from Kings County Supreme Court in April 2014 to use eminent domain to seize the property, Commercial…

Real Estate

Preservationists have been bracing themselves for news of the Vitagraph smokestack’s fate ever since scaffolding was placed around it in October. Now the developer who owns the 1263 East 14th Street property has filed plans to construct a new eight-story residential building with 302-units. Sheepshead Bites was the first to report that Hampshire Properties purchased the…

Real Estate

EXCLUSIVE: A seven-story condominium building with ground-level retail, abundant parking and a 9,000-square-foot landscaped public plaza will soon be constructed at Sheepshead Bay Road and Emmons Avenue, replacing El Greco Diner, the new owners told Sheepshead Bites in an exclusive interview. Buyer Sergey Rybak detailed his preliminary plans following the $13 million sale of the 1809…

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