Who's Afraid of Brooklyn Redevelopment?

Photo: FultonStreet.org
That's right, the low-rent (if not actually low-rent), somewhat blighted three-story mall is set to go, replaced by a million-square-foot development known as the Center at Albee Square. The developers, a coalition of big names, are planning to keep half of that footage for retail and add — say it together — a thousand rental apartments. Ratner himself, incidentally, has had his dalliance with the property: He bought it in 1990 and called it the Gallery at MetroTech before losing interest and unloading it to Thor Equities. In the Times' hilariously deadpan recount, Thor then promised to remake the mall in the Beverly Hills–like image of an Italian villa, promising major chains and "tuxedoed greeters." Needless to say, that didn't quite happen. And so it's good-bye to black Brooklyn's prime shopping arcade, and back to yelling over whether the shadow of a Gehry building will ruin the bucolic charm of Park Slope.
Deal Would Triple the Size of the Albee Square Mall in Brooklyn and Add a High-Rise [NYT]

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