clock menu more-arrow no yes

Filed under:

191 Rentals May Rise On Site of Clinton Hill's Beigel's Bakery

The developer who recently acquired the Beigel's Bakery facility on Waverly Avenue near Atlantic Avenue has big plans for the site. Crain's reports that Madison Realty Capital plans on building an eight-story, 191-apartment rental building at the site. The 171,000-square-foot building is made possible by Beigel's Bakery facility's 43,350 existing square feet, its 50,000 additional square feet of development rights, and Madison's new purchases of three neighboring sites and development rights from adjacent properties The developer plans on allocating 20-percent of the apartments as affordable, and on developing retail space along the building's Atlantic Avenue frontage.
· Developer Expands Barclay Center Footprint [Crain's]
· All 551 Waverly Avenue coverage [Curbed]