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January 8, 2008
So Long Telecom: 470 Vanderbilt Gunning for Residential
Brownstoner
After sitting almost-vacant for years, the Carlyle Group-owned Atlantic Telecom Center at 470 Vanderbilt Avenue in Fort Greene will be going residential if negotiations with City Planning conclude without a hitch. Although details are sketchy at this point, we're hearing that the D.C.-based private equity firm has recently brought in a new partner to reposition the property, which currently has some 700,000 square feet of unleased space.
NoLandGrab: Back in April, 2007, Norman Oder of Atlantic Yards Report published a 1/23/04-email from a Forest City executive Jane Marshall that reveals the development company's interest in expanding to 470 Vanderbilt.
Posted by lumi at January 8, 2008 7:40 PM