Friday, June 1, 2012
Theater St. Ann's Warehouse Moving into Tobacco Warehouse After All
Posted by Henry Stewart on Fri, Jun 1, 2012 at 8:58 AM
But a new deal will allow the theater to move in after all, the Brooklyn Paper reports.
Under the new arrangement, which appears to follow all appropriate public processes, the city will donate more than an acre—or 38,000 square feet—of open space under the Manhattan Bridge in exchange for the land that includes the Tobacco Warehouse and neighboring Empire Stores, another erstwhile warehouse. The former will undergo a $15 million renovation over three years, during which time St. Ann's will operate out of a space on Jay Street; the latter will become "a Chelsea Market-style shopping center."
The plan still needs state approval, which the paper says is likely, given that two local state legislators who once opposed the plan support this new deal.
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