RKF has been selected as the exclusive retail leasing agency for two new mixed-use developments in Brooklyn.
The firm will be marketing more than 55,000 s/f at Two Trees Management’s 60 Water Street in DUMBO and BAM South at 115 Flatbush Avenue in the Brooklyn Cultural District.
Vice Chairman Barry Fishbach and senior associates Ike Bibi and Alex Beard are marketing the opportunities on behalf of Two Trees Management, the Brooklyn-based development firm known for its singular role in transforming the Brooklyn neighborhood of DUMBO from a neglected industrial waterfront into a vital mixed-use community.
“DUMBO and the Brooklyn Cultural District are both thriving, 24/7 neighborhoods that continue to see the growth of commercial and residential developments,” said Fishbach.
“These developments are unique opportunities for retailers to expand their footprints and establish outposts in highly-desirable locations that will serve area residents, daytime workers, students and tourists.”
Located in the heart of DUMBO, 60 Water is a new mixed-use residential development at the southeast corner of Water and Dock Streets.
Designed LEESER Architecture, the modern 17-story building contains 290 residential units and 14,756 s/f of retail along Water Street.
Opened in December 2014, 60 Water commands the highest full-service luxury rents in the borough.
Steps from Brooklyn Bridge Park and the upcoming Empire Stores, a new retail and office complex expected to open in Summer 2016, RKF is targeting fashion, furniture, home goods, specialty stores, fitness and accessory tenants for the property.
RKF is also marketing 42,265 square feet of retail space at the base of BAM South (115 Flatbush), a new 32-story, mixed-use residential and cultural development situated at the gateway to the Brooklyn Cultural District and Fort Greene.
The retail portion of the 380-unit development is the largest available footprint in the area, with 7,745 s/f on the ground floor and 34,020 s/f on the lower level.
Designed by Enrique Norten of TEN Arquitectos, BAM South is one of the most architecturally distinct residential developments under construction in the area.
With the lower floors of the building dedicated to Brooklyn cultural tenants, including four Brooklyn Academy of Music cinemas, and an iconic 15,000 s/f public plaza, the development is expected to attract thousands of visitors every day.
Two Trees is committed to selecting a tenant that compliments both the world-class architecture of the building and the identity of the Brooklyn Cultural District.
“This is a great opportunity for a large format user that is looking for a highly-visible location along one of the City’s busiest corridors. The location has the densest office and residential population in all of Brooklyn,” said Beard.