The DNAinfo archives brought to you by WNYC.
Read the press release here.

Old Triangle Building to Transform Into Glass Wedge, Developer Says

By Caroline Spivack | July 28, 2017 9:16am | Updated on July 31, 2017 7:59am
 RedSky Capital aims to raze the old Triangle Sports building and an erect a sleep glass building in its place.
RedSky Capital aims to raze the old Triangle Sports building and an erect a sleep glass building in its place.
View Full Caption
RedSky Capital

PARK SLOPE — A sleek, transparent building is coming to the triangle of land at the intersection of four Brooklyn neighborhoods, developer RedSky Capital told DNAinfo New York.

RedSky, helmed by real estate titans Benjamin Bernstein and Benjamin Stokes, aim to raze the former Triangle Sports building at 182 Flatbush Avenue with plans to erect a sprawling glass structure, said a representative for RedSky Capital. 

"It's a very unique property and it's in a prime spot that presents a lot of opportunity for tenants," said Shari Neissani, vice president of the real estate group. "Right now we're focused on working to maximize the space — it's a unique shape but we're used to thinking outside of the box."

RedSky purchased the three-sided building wedged between Fifth Avenue, Dean Street and Flatbush Avenue in 2013 for $4.1 million — a whopping $900 per square foot — and contrary to initial reports the developer has decided to move forward with knocking down the old sports store with plans to build on the coveted land near the Barclays Center, Neissani confirmed.

The number of stories is yet to be set in stone, according to Neissani, though the property will likely range from 2,300-6,000 square feet — roughly the size of a professional basketball court.

Developers initially hired Studio AA to mock up a potential design in 2015 and is moving forward with their stylish glass vision with New York-based Zyscovich Architects.

The real estate giant aims to lease the lot to one commercial tenant, and is in talks with prospective renters but declined to comment on who those are, according to broker Christopher DeCrosta.

RedSky has been snapping up land across Williamsburg with a portfolio of roughly a dozen properties including the home of Brooklyn's first Apple Store on Bedford Avenue and is increasingly buying up properties throughout the borough.