Around Brooklyn: B’klyn Macy’s gets $66M loan
B’klyn Macy’s gets $66M loan
Macy’s Inc. has received a $66.1 million loan for its Brooklyn store. The store, at 422 Fulton St., is within a mile of Barclays Center, the courts and the Brooklyn Navy Yard. The building was originally owned by Abraham & Straus, but was acquired by Macy’s during the 1990s. Its upper floors are leased to Whittle School and Studios, which is slated to open for the 2020-21 school year, according to Commercial Property Executive.
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