The Real Deal New York

Hudson Companies, ABS plan Bushwick office conversion

Firms closing soon on the purchase of warehouse at 314 Scholes Street: sources

August 30, 2016 01:50PM
By Konrad Putzier

Hudson Companies David Kramer, 314 Scholes Street in Brooklyn and ABSs Gregg Schenker

Hudson Companies’ David Kramer, 314 Scholes Street in Bushwick and ABS’ Gregg Schenker

UPDATED, Sep. 23, 9:04 a.m.: The Hudson Companies, in partnership with ABS Partners Real Estate, filed plans to convert a Bushwick warehouse into office and retail, according to a permit application filed with the city’s Department of Buildings.

The firms are expected to close this week on the acquisition of the three-story, roughly 80,000-square-foot property at 314 Scholes Street for an undisclosed amount, sources told The Real Deal. Property records show Richard Carmel’s Moveway Transfer and Storage is the seller.

Kalmon Dolgin Affiliates’ Gary Mayzlin represented the buyer, and Robert Klein, also of Kalmon Dolgin, represented the seller.

There will be offices on the first, second and third floors, according to the filings. Retail will occupy part of the first floor and the rooftop, which will house a restaurant. S9 Architecture TRData LogoTINY is the architect of record, and a spokesperson told TRD that the firm is also the design architect.

The property sits a few blocks from the Morgan Avenue L train stop and famed pizzeria Roberta’s.

Hudson and ABS are also partnering on the development of a 36-story condo tower on the site of the former Brooklyn Heights public library at 280 Cadman Plaza and a 254-unit residential tower at 626 Flatbush Avenue in Prospect-Lefferts Gardens.