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Albee Square was a theater until 1977 when it was replaced by the Albee Square Mall, [3] which was subsequently demolished for new development in 2004. [4] The Dime Savings Bank Building, part of The Brooklyn Tower, is located on the northeast corner of Albee Square. [2] Albee Square West is also the name of a street that originates at Albee ...
It is across the Flatbush Avenue Extension from Long Island University's Brooklyn campus, and across Fleet Street from the Brooklyn Tower. City Point is located on the former site of the Albee Square Mall, [6] and its southern entrance is centered on the Fulton Street Mall.
A notable development is Albee Square Mall in Downtown Brooklyn. After Thor purchased the mall in 2001, it made various facility improvements in an effort to attract new tenants. [31] Later in 2005, Thor announced plans to build the first tower at the site also known as City Point. [32] The building was to be the tallest tower in Brooklyn.
The southwest corner faces a pedestrian plaza at Albee Square, and the Brooklyn Tower wraps around a structure at 33 DeKalb Avenue to the southeast. [5] The site covers 46,367 square feet (4,307.6 m 2), with a frontage of 219.92 feet (67.03 m) on Flatbush Avenue and a depth of 380.8 feet (116.1 m) from Flatbush Avenue to Fleet Street. [6]
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The mall has spurred additional commercial development in its immediate vicinity, such as the City Point development, [15] and has become the most expensive place to do business in downtown Brooklyn. [citation needed] Fulton Street's retail space was $301 per square foot in 2016 and $326 per square foot in 2017. [16] [17]
The sustainably billed brand is bringing its lifestyle essentials to Williamsburg for its first Brooklyn shop. Frank and Oak Celebrates Opening of 3,600-square-foot Brooklyn Flagship Skip to main ...
The area is a growing hub for education. In 2017, New York University announced that it would invest over $500 million to renovate and expand the NYU Tandon School of Engineering and its surrounding Downtown Brooklyn-based campus. [3] Downtown Brooklyn is part of Brooklyn Community District 2 and its primary ZIP Codes are 11201 and 11217. [1]