Downtown Brooklyn is quickly becoming one of NYC’s most desirable commercial hubs. On top of hosting a lengthy roster of big name retailers and entertainment centers—which include a new Target, Trader Joe’s, Century 21, Apple store, Alamo Drafthouse cinema, and Barclays Center—the neighborhood will also welcome a brand new, lower-priced Whole Foods concept store called “365.” According to a press release, the store will open in early 2018 at Two Trees’ 300 Ashland Place, and be set up as a no-frills version of the grocery giant.
two trees management
Apple opened its first Brooklyn store on Bedford Avenue in Williamsburg over the summer, which many felt was the final nail in the coffin of the neighborhood’s gentrification. The company has now set their sites on another rapidly developing part of the borough, as The Real Deal reports they’ve inked a 10-year deal for a 12,000-square-foot space in the ground floor Two Trees Management’s 300 Ashland Place in Downtown Brooklyn‘s BAM Cultural District. It was an off-market deal, so there’s no asking rent, but sources say the going price for the 32-story rental tower’s retail space is $150 per square foot.
It’s been 14 years since Enrique Norten‘s ship-like design was chosen to sail upon a triangular site in an ambitious arts district planned for the area around the Brooklyn Academy of Music. Initially proposed as an eight-story glass building to house the Brooklyn Library for the Visual and Performing Arts, the project was altered to a mixed-use high-rise when Two Trees Management was brought onboard during the economic downturn in 2008.
Now officially known as 300 Ashland Place, the slab-shaped tower is a silvery 32-story icon that architecture critic Carter Horsley praises as a “gleaming, but mysterious steed” in the emerging Downtown Brooklyn skyline. It will house a smattering of public uses in addition to 379 apartments above. Earlier this July, leasing began on the 300 market-rate apartments that go for roughly $2,850/month for studios, $3,600/month for one-bedrooms and $5,750/month for two-bedrooms. And now, a housing lottery has launched for the 76 affordable units that include $889/month studios, $949/month one-bedrooms, and $1,087/month two-bedrooms.
The latest tower to open its doors in Downtown Brooklyn‘s BAM Cultural District is 300 Ashland, a 35-story, mixed-use tower from Two Trees Management that is offering 300 no-fee rentals. There are currently nine units available with studios starting at $2,850/month, one-bedrooms at $3,300/month and a single three-bedrooms from $5,750/month.
To coincide with the launch, the developer has published an official building website that brings a slew of new renderings, showing off TEN Arquitectos‘ perforated skin and the landscaped public plaza, as well as providing a first look inside the apartments.
Views! Views! Views! Seriously, that’s what you’re getting with this two-bedroom apartment at 70 Washington Street, a former Dumbo warehouse that has been converted into 225 condo apartments. It was converted by Two Trees Management, prominent developers in the neighborhood, who built out luxury loft apartments and included a 24-hour concierge, doorman, fitness room, and roof deck with the building.
This apartment has windows in both the living room and bedroom that offer an incredible look out onto the entire stretch of the Brooklyn Bridge and Lower Manhattan skyline. There’s a total of 1,310 square feet and a lofty, open floor plan. A view like that in a neighborhood as popular as Dumbo doesn’t come cheap — although you can still find the occasional apartment in the area for under $1 million without the impressive views, of course. This one is on the market for $1.6 million, after last selling in 2007 for $1,055,926.
In a city where hundreds of interesting happenings occur each week, it can be hard to pick and choose your way to a fulfilling life. Art Nerd‘s philosophy is a combination of observation, participation, education and of course a party to create the ultimate well-rounded week. Jump ahead for Art Nerd founder Lori Zimmer’s top picks for 6sqft readers!
If you’re staying in the city over this long Labor Day weekend, start September off right by giving in to your cultural lust. Head to Times Square to sample the newest art film for #MidnightMoment or kick off the reopening of galleries with DUMBO’s first Thursday Gallery Walk of the season. Sample artist Boy Kong’s museum-influenced show at Gitler and the Affordable Art Fair, or hit up one of the Metropolitan Opera’s free screenings al fresco outside of Lincoln Center. You can also experience Washington Square Park as Jackson Pollock did with the annual outdoor art exhibition, and combine two things you never thought would mix at the Public Address Gallery: conceptual art and karaoke. And don’t forget the long-standing multi-cultural tradition of the epic West Indian-American Day Carnival and Parade (bring feathers and glitter!).
New Renderings of Two Trees’ BAM South Tower Highlight Views, Green Roofs and Space for Outdoor Markets, Tue, July 8, 2014
New images of the BAM South Tower at 286 Ashland Place have emerged and come courtesy of the project’s landscape architect, Grain Collective. The renderings hint not only at the incredible views that will be afforded by the new tower, but the major rehaul of the public spaces along Fulton Street, Ashland Place and Lafayette Avenue. The new streetscaping plan will add much needed green space to the barren concrete quarter, with plenty of room for outdoor activities and events for patrons of BAM and BRIC, as well as local residents, to enjoy.