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Read the press release here.

New 132-Unit Building Replacing Old Key Food on Myrtle Avenue

 A new 132-unit building designed by architect Karl Fischer is planned for the former Key Food site on Myrtle Avenue in Bedford-Stuyvesant.
A new 132-unit building designed by architect Karl Fischer is planned for the former Key Food site on Myrtle Avenue in Bedford-Stuyvesant.
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Karl Fischer

BEDFORD-STUYVESANT — A new seven-story, 132-unit apartment building will soon take over the former Key Food site on Myrtle Avenue.

Demolition is set to begin at 946 Myrtle Ave. near Throop Avenue in Bed-Stuy to make way for a Karl Fischer-designed development.

Cornell Realty LLC closed on three lots on the block in December 2014, gaining ownership of 936 Myrtle, 946 Myrtle and 258 Throop for $16.5 million, according to city records.

It's unclear when the grocery store closed, but neighborhood residents said the Key Food has been shuttered for at least four months.

The new building will feature enclosed parking for 107 cars, bicycle storage and 8,180 square feet of commercial space on the first floor.

Plans also detail “recreation space” from the basement through the second floor and a common outdoor terrace on the seventh floor.

Isaac Hager, president of Cornell Realty, declined to comment on whether affordable units will be included in the building.

Also behind the development is Simon Dushinsky's Rabsky Group, which is involved in a new project at the former Rheingold Brewery site in Bushwick.

Original plans for 946 Myrtle Ave. filed in October 2014 called for a 10-story mixed-use building with 166 apartments.

A rendering for the site still shows the 10-story version with terraces on each floor, as first reported by New York YIMBY.