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2014 Brooklyn development to watch: 240-242 Bedford Ave.

Williamsburg at 240-242 Bedford Ave. Rendering courtesy of Midtown Equities

Eye On Real Estate

Brooklyn Daily Eagle

One is not enough. The steel skeleton of Brooklyn's second Whole Foods looms behind the construction fence at this prime Williamsburg site.

The Whole Foods project developer is the Cayre family's Midtown Equities; Meridian Capital Group provided financing.

Midtown Equities is the developer that plans to build a glass-faced addition on the roof of the historic Empire Stores warehouses in Brooklyn Bridge Park.

The firm along with other investors bought the 240-242 Bedford Ave. site for $21 million in 2012, city records indicate.

Apartments and a New York Sports Club will come later at the site, according to published reports – but none of that's in Buildings Department records yet. For now, it's all about the upscale supermarket chain that's grabbing attention in Gowanus after its mid-December debut there.

January 2, 2014 - 9:00am


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