Mayor Michael Bloomberg this morning announced that renovations have started at Federal Building #2 in Brooklyn’s Sunset Park, as part of a $35 million plan to transform the 1.1 million-square-foot vacant warehouse into a state-of-the-art industrial center.
In May, the city had selected developer Salmar Properties, which bought the property for $10 million, to oversee the project.
“Federal Building #2 is well suited for industrial and manufacturing uses, with 23 elevators banks, multiple loading docks and parking that will enable tenants to easily move raw materials and finished goods in and out of the building,” said Marvin Schein, co-owner of Salmar Properties in a statement. “Salmar looks forward to developing this site into a Class A building that will help generate jobs and keep industry in New York City.” – Miranda Neubauer [more]





