Page 219 - Demo

Brooklyn,m eStage For New DowntownMidtown FloristsFlorist and developer Martin Orlofsky'sretail/housing project is being built acrossFlatbush Avenue from the Rose AtlanticTerminal project and Orlofsky is alreadywell underway with his work and expectsto finish Phase 1 of his $6.5 million projectearly next year. The project calls forrenovating 11 buildings along State Streetand Flatbush and Atlantic Avenue, whichwill have 39 market rate rental housingunits when they are com pleted next year,plus ten retail outlets. Phase II will include11 new buildings with approximately thesame number of housing units and willadd com m ercial space on Atlantic Avenue.Starrett/CohenA proposal to build a 12-story officetower on a site bordered by Sm ith, Livingston and Schermerhorn Streets andBoerum Place is now in the environmentalimpact study stage. Starrett H ousing Corporation and Cohen Brothers Realty werechosen by the City planners in a com %u00adpetitive prooess last year. The planned $65million building will include 435,000 squarefeet of office space and ground floor retailspace as well parking for 225 cars. MurphyJahn of New York is the architect for theproject.Fulton Landing} 4 [. | l | .| 4 - > - l- [ - L li:1Fulton Landing The State Department of Labor moved 800 of its staff into the newly-renamedW alentas Building at 1 Main Street. Fulton Landing developer David W alentas andhis com pany Two Trees Management, are converting a number of the 10 buildingsowned at this site on the East River waterfront. He is also negotiating with the Cityof New York to regain his designation as developer of the 15-acre State and Cityowned waterfront property between the Manhattan and Brooklyn Bridges. W alentas hopes to develop the area to create a large commercial/recreation area (approximately 2.5 million square feet of space) in this manufacturing district. Walentas'plan also includes a 100-boat marina, 10-screen movie theater com plex and a majorshopping area as a part of his project. A new restaurant, One Main Street, has justopened its doors in the W alentas Building.f c j k i j i l B U j i i d i r t g * ^ n-*\j rf; - , * .%u2022%u00bb (in a c tiv e )_ , ...........: | 9 f%u25a0 S & S Q y %u00a7 H h Pierrepont Buildingta o tiv J w m ir-a irj w years, planned and proposed developments inh will create several tall office buildings that will addiwntown area as well as expand the skyline andGround was formally broken in May for the new Pierrepont Office Building. The- ----- 1 -------\\Afr,ot ,*>i11 5> 104 minion project at trie cum ei ui rie n e yu m on C ci anu oou.m.,\. %u2014 ........rise 19 stories and will house as its major tenant the international investment bankingfirm of Morgan-Stanley and Company. Developer is Forest City Pierrepont Associatesand the architectural firm Haines Lundberg W aelher of New York designed thebuilding.G A R D E N S %u2022tlst**i ,June 26, 1986, The Phoenlx/Brooklyn.lnc Section Two, Page 15