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Deals & Dealmakers

Job generating buildings going up in Bushwick

Five vacant warehouses are being transformed into space for the job-generating tech and creative firms that are repowering Brooklyn’s economy.

The investment and development duo of Heritage Equity Partners and Lichtenstein Group announced the redevelopment of the interconnected warehouses at 215 Moore Street in Bushwick, Brooklyn.

Led by Heritage chief executive officer Toby Moskovits, the 75,000 s/f “Bushwick Generator” will offer fully-fitted, light industrial, office, and retail spaces ranging from 1,500 to 20,000 s/f and geared toward the gamut of new economy industries, including tech, creative arts, and food production. “New entrepreneurs are making things again, resurrecting and redefining manufacturing. And as it has happened so many times before, Brooklyn is leading the way,” Moskovits said. “Creating a place for these industries in Bushwick is the key to maximizing opportunity in the local community, growing good-paying, accessible jobs and ultimately fostering entrepreneurs who live in the neighborhood.”

The Brooklyn-based real estate services firm ABS Partners has been retained as the exclusive office leasing agent for the property.
Last month, the property signed its first tenant, cloud-based mapping, analysis, and visualization engine firm CartoDB, which leased 7,500 s/f for its team of digital mapmakers.

“Today’s innovative companies want to be a part of and contribute to the unique, creative energy of Bushwick,” said Ben Waller, head of the Brooklyn Office at ABS.

“The Bushwick Generator offers these companies the flexible, open and modern spaces they’re looking for in the center of this vibrant community.”

Located one block from the Morgan Avenue L train and a short walk from the J and M subway lines, the Bushwick Generator is surrounded by eateries such as Roberta’s Pizza, Momo’s Sushi Shack, and Swallow Café, as well as shops and art galleries.

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