October 4, 2006

 

EXTRA MACY’S FEET TAPS INTO CLASS A

By LOIS WEISS


The Treeline Companies has begun the exterior restoration and interior renovation of an unused portion of Macy’s in Downtown Brooklyn to produce approximately 110,000 sf of new Class-A office space with the address of 177 Livingston Street. The property has 15,000 sf wide-column floorplates and abundant natural light.

The redevelopment of this underutilized property won’t affect the operation of the existing Macy’s store. The Treeline Companies took possession of the nine-story, high-ceilinged, ornate brick building last April and began the redevelopment to separate the properties, and install all new mechanical, electrical, elevator, heating, wiring and HVAC systems.

With the interior demolition and property separation now complete, Treeline is currently restoring the classic façade of the building and creating a new entrance for the converted office property on Livingston Street. The building is expected to be ready for occupancy by late winter 2007.

In addition to the new office space, an approximate 6,000 sf ground floor retail space with separate street entrance will also be created along with considerable basement space for tenants seeking a larger multi-level retail space or additional storage area.