Renovation of Federal Building in Sunset Park Breaks Ground
Mayor Bloomberg, NYCEDC, and Congressmembers Nydia M. Velázquez and Jerrold Nadler broke ground today on the renovation of Federal Building #2 in Sunset Park, Brooklyn. The vacant 1.1 million-square-foot warehouse building will be converted to a state-of-the-art industrial facility, with 85% of the space to be used for light manufacturing purposes and 15% for retail. The full renovation will create about 1,300 permanent industrial jobs and 400 construction jobs.
In May, developer Salmar Properties was selected by the City and paid $10 million to purchase the building. Salmar Properties will invest approximately $35 million to transform the warehouse into a modern industrial center, including repairing the building’s façade, roof, and windows, as well as installing elevators, plumbing, and electrical wiring. Learn how NYCEDC is helping to bolster the City's industrial sector at www.nycedc.com/industrial.