THE ANX at 13 Grattan Street to Open in Q3 2017 and Offer Retail and Office Space
40,000 square feet of brand new office and retail space is being developed in the East Williamsburg/Bushwick neighborhood of Brooklyn. The building, called THE ANX, is located at 13 Grattan Street and will offer an approximately 5,000-square-foot roof deck, 15,000 square feet of ground-floor and lower-level retail space and 25,000 square feet of office space on the second, third and fourth floors. THE ANX is a sister building to THE BOGART, the premier art gallery and artist loft building in the area, and is slated for completion during the third quarter of 2017
The project is being developed by Ted and Marianne Hovivian of Bogart Lots, LLC. and is being designed by Gene Kaufman Architects PC. Andrew Clemens of Ripco Real Estate is exclusively marketing the retail portion of the building, while Ben Waller from ABS Partners Real Estate is handling the office portion.
“13 Grattan Street is one of the very few new-construction office buildings to come to market in Brooklyn in the last several decades. With so much new residential and mixed-use development, the neighborhood is in need of a space that offers a modern office environment for companies looking to lay roots in Brooklyn,” said Waller, a managing director at ABS Partners. “The property has a loft-like feel, with high ceilings and floor-to-ceiling windows, making it an ideal space for creative businesses. In terms of retail, the space is well-equipped for an F&B tenant to further ingrain the area as a destination for foodies. The first floor has folding storefront windows in the front and back to provide a completely open space on nice summer days.”
13 Grattan Street is located in the East Williamsburg/Bushwick area of Brooklyn, between Bogart Street and Morgan Avenue. The five-story property allows its tenants to be located in an area full of creativity, with artists and galleries taking up residence in nearby industrial warehouses. The property has valuable off-site parking available for tenants and visitors. The neighborhood also offers access to a collection of hip bars and restaurants, like Roberta’s, Momo Sushi and the Swallow Café. 13 Grattan Street is also a short walk from the Morgan Avenue L train station and the J and M Flushing Avenue subway station.
About ABS Partners Real Estate
ABS Partners Real Estate, LLC is a premier New York-based real estate services firm. Founded by industry leaders, ABS has assembled a dynamic team of professionals with expertise in all facets of real estate services, including owner-advisory services, leasing, sales and property management. ABS also specializes in land use and ground lease consultation, the transfer of development rights, fractional ownership valuation, FAR valuation, and services specifically related to the issues faced by families holding real estate for multiple generations over. In addition to its service-related activities, the Principals of ABS are actively engaged in partnerships to own real estate. Brokers at ABS have the opportunity to participate in those partnerships. The founders of the firm believe that by owning real estate the members of the firm are better able to serve its clients by gaining a deeper, first-hand understanding of the needs of property owners.
About Ripco Real Estate
Ripco Real Estate Corp. was founded in 1991 as a boutique firm specializing in retail real estate. The goal of the company was to combine our expertise in both owner and tenant representation in a friendly, hardworking, and unconventional manner. Our success has been based upon forming long-term relationships and by putting our clients’ needs first. We pride ourselves on providing the highest level of detailed information, enabling our clients to make educated decisions about their real estate needs. In 1998, Ripco opened its New York City office, which is dedicated solely to Manhattan and the surrounding boroughs. The office maintains an open environment wherein active collaboration remains a priority. By focusing on training and promotion from within, the office has grown organically over the past 25 years to now support an in-house research and data analysis department and a dedicated graphic design department in addition to retail brokerage services. For more information, visit www.ripcony.com.
