NEW YORK | 200 Kent Ave (Trader Joes Expansion) | FT | 14 FL

https://www.crainsnewyork.com/real-estate/cornell-realty-management-aims-rezone-williamsburg-trader-joes-building

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Makes a lot of sense, that building’s commercial segment always felt like an afterthought

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The grocery chain would remain, but Cornell Realty Management plans to convert the 5-story commercial building into a 14-story mixed use building, yielding about 143 residential units.

Converting the lot from commercial to residential requires a rezoning, part of the Uniform Land Use Review Procedure (ULURP) process. Cornell Realty Management presented their plans to Brooklyn Community Board 1 on March 30. The board has until May 11 to decide on the proposal.

Next, it goes to the Brooklyn Borough President and then the City Planning Commission. The New York City Council then has the final vote.

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