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Charter School Takes Full Floor

New York, 01/06/2010 - Kalmon Dolgin Affiliates has leased the second floor of 16,800 sq.ft. at 33 Nassau Avenue in the Greenpoint section of Brooklyn to Believe High Schools network, Inc. a New York City Charter School.

Grant Dolgin of Kalmon Dolgin Affiliates represented both the tenant and the owner in the transaction. Believe High Schools Network will operate a charter high school and administrative offices in the new location, which represents a relocation and expansion within the Greenpoint section of Brooklyn.

Also known as the Flour & Sugar Building, the three-story, 88,000 sq.ft. mixed use property has undergone a transformation over the past two years under the direction of Kalmon Dolgin.

In addition to the new charter school, the owners have attracted an impressive list of retail, office and light manufacturing tenants to the property, including Mariebelle Chocolates, BlenderBox, a web design firm, Vespa motor scooters and SBK Associates, an event design firm.

"With the recent influx of thousands of new residents, the Greenpoint and Williamsburg markets were ready for this type of first-rate office and retail space, and the success of the Flour & Sugar Building is a testament to the revitalization of the McCarren Park area, " said Dolgin, "The proeprty represents a great value while offering the curring-edge location and modern space todays businesses require."

by: Real Estate Weekly