The Real Deal New York

Clinton Hill’s Myrtle Avenue to be transformed by Silverstone residential development

April 03, 2013 09:00AM

Myrtle Avenue in Clinton Hill is going to have a radically different look, with a new residential project by Silverstone Property Group going up where a string of small shops now do business, DNAinfo reported.

Silverstone bought the buildings for $5.6 million in December, giving the firm control of the south side of Myrtle Avenue from Hall Street to Grand Avenue. Plans call for renovating and increasing the height of the buildings, which zoning regulations permit to rise up to eight stories. Silverstone also applied for a Department of Buildings permit to renovate and expand the site’s commercial space.

The site is currently home to an Associated Supermarket, a post office, and local businesses such as Nikki Beauty Supply and New Fantastic Cleaners.

“The recent revelation that the owner of the Associated building and post office building plans to build up on his sites has forced many retailers who were on month-to-month leases to relocate,” M. Blaise Backer, director of the Myrtle Avenue Brooklyn Partnership, told DNAinfo. “As of now, we believe every retailer in that strip except one has found another space on Myrtle who wants one.”

Silverstone did not immediately respond to DNAinfo’s requests for comment.

Also coming to the area, by next summer, is a public plaza on the south side of Myrtle Avenue between Hall Street and Emerson Place. It will include include “improved crossings, new bus stops, dozens of new trees, large planters with ornamentals, game tables, a water fountain, a permanent art installation, moveable tables and chairs,” according to the Myrtle Avenue Brooklyn Partnership. [DNAinfo]Mel Gray