Development Ferment on Atlantic Avenue: Real estate bigs work Brooklyn retail corridor alongside mom and pops
Wooing National Tenants, Seeking Big Rents - Are These Storefronts Worth $120 Per Square Foot?
On Sunday, Marty Markowitz was crowned King of Brooklyn on Atlantic Avenue. The other days of the year, the princes of New York City real estate are busy trying to make a buck on a mile-long segment of the retail corridor stretching from Brooklyn Bridge Park nearly to Barclays Center.
Big players like the Cayre family’s Midtown Equities and Joseph Sitt’s Thor Equities are vying with mom-and-pop property owners to win retail and restaurant tenants for sites on the Brooklyn Heights, Cobble Hill and Boerum Hill span of the thoroughfare.