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Bed-Stuy Gets Two Office Buildings In The Pipeline In Two Days

Spencer Street in Bed-Stuy Brooklyn

On one block of Spencer Street in the Bedford-Stuyvesant neighborhood, long-term plans for an office corridor of sorts are brewing.

In two permit filings, across the street from one another, on Tuesday and Wednesday, a combined 88k SF of office space were proposed for Spencer Street, New York YIMBY reports.

At 18 Spencer St., Loketch Group is planning an 11-story, 59k SF building with four floors of parking, two above grade and two below. At 31 Spencer St., owned by Kalmen Weiss of Arkwin Home Products, plans were filed for a seven-story building with 46k SF of offices, about one-third of which would be commercial and the remainder for medical uses.

YIMBY reports the two projects appear to be unrelated — and anyone in commercial real estate knows a project isn't a guarantee to get built until shovels are in the ground — but, if that's the case, this has to be one of the weirder coincidences in Brooklyn development. Bed-Stuy is a growing rental market, but isn't exactly an office development hotspot.

Related Topics: Bed-Stuy, Loketch Group