Real Estate Weekly
Image default
Deals & Dealmakers

Leasing underway at Admirals Row

The Brooklyn Navy Yard Development Corporation (BNYDC) announced the launch of leasing for 130,000 s/f of manufacturing and creative office space at Building 212, part of the Admirals Row project, currently under construction.

As part of the announcement, BNYDC released new renderings of the five-story building that will also house a Wegmans supermarket, expected to open this fall.

BNYDC is handling the marketing of 34,000 s/f of creative office space and 96,000 s/f of manufacturing space at Building 212.

Steiner NYC is developing the full, 500,000 s/f Admirals Row project, which also includes 78,000 s/f of retail space. BNYDC anticipates a delivery date in the fall of this year.

“There is a real demand for smaller manufacturing and creative office spaces, as this is always some of the quickest to lease-up at the Navy Yard,” said David Ehrenberg, President and CEO of the Brooklyn Navy Yard Development Corporation.

“Admirals Row will be a terrific home for manufacturing and creative companies, adding to an innovative ecosystem we’re working to cultivate at the Yard, and there are few better tenant amenities than a Wegmans right in the building.”

Building 212 includes 30 units of manufacturing space available for lease, with spaces ranging from 1,300 to 10,000 s/f on the second, third and fourth floors.

The creative office space is located on the fifth floor and includes 10 units ranging from 1,900 to 6,100 s/f.

Building 212 features 5,000 lbs-capacity elevators with 4.5 ft. openings, two box-truck loading docks, louvers in tenant spaces and exhaust shafts. Each floor is equipped with a common area kitchenette.

The Navy Yard’s Sands Street gate is the closest entrance to Building 212. Tenant parking is available on site and BNYDC provides shuttle buses with connections to 13 subway lines and the LIRR.

Seven Citi Bike docking stations are located within or immediately adjacent to the Navy Yard, including one across the street from Building 212 and a NYC Ferry stop will open this summer at the Navy Yard.

The launch of leasing at Admirals Row comes as the Navy Yard undergoes a $1 billion expansion, its largest since WWII, which will add 10,500 jobs to Yard’s existing 9,500 in the next few years.

The current expansion also includes the renovation of the 1.1 million square foot Building 77, which is nearly fully leased and provides space to vertically-integrated design and manufacturing companies and a ground-floor food manufacturing center; Dock 72, a creative office building developed by Rudin Management and Boston Properties opening this summer; the Green Manufacturing Center, which houses the New Lab; and an expanded Steiner Studios.

Related posts

Five Forbes Global Properties Members Recognized Among RealTrends 500


Williamsburg’s 25 Kent Inks Additional 7,120-Square-Foot Lease with Fashion Brand, Kith


Two Lower East Side Multifamily Properties Trade for $24.8 Million