DUMBO — Local firm Midtown Equities was selected to redevelop the former coffee and dry-goods warehouse Empire Stores in Brooklyn Bridge Park, according to a published report.
Run by father-son team Joseph and Jack Cayre, Midtown Equities' proposal includes restaurants and stores on the ground floor and office space above. A rooftop terrace with trees and green space will provide a view of the East River and Lower Manhattan skyline.
Midtown Equities has already secured leases for 80 percent of the space, according to the News, with DUMBO-based Etsy and West Elm competing for a spot in the 327,000-square-foot warehouse.
Money made from the finished space will reportedly be put toward the upkeep and development of Brooklyn Bridge Park.