{"id":50885,"date":"2025-11-24T21:49:08","date_gmt":"2025-11-24T21:49:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/50885\/"},"modified":"2025-11-24T21:49:08","modified_gmt":"2025-11-24T21:49:08","slug":"childrens-services-agency-upgrades-and-consolidates-in-crown-heights-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/50885\/","title":{"rendered":"Children\u2019s Services Agency Upgrades and Consolidates in Crown Heights \u2013 Commercial Observer"},"content":{"rendered":"<p>New York City\u2019s Administration for Children\u2019s Services (ACS) will be leasing approximately 105,000 square feet of office space at 1000 Dean Street in the Crown Heights section of Brooklyn.<\/p>\n<p>The move will consolidate two of the agency\u2019s offices, currently at 1274 Bedford Avenue in Bedford-Stuyvesant and 2554 Linden Boulevard in East New York.\u00a0<\/p>\n<p>SEE ALSO: <a href=\"https:\/\/commercialobserver.com\/2025\/11\/eqt-partners-lease-sl-green-245-park-avenue\/\" rel=\"nofollow noopener\" target=\"_blank\">Private Equity Firm EQT Partners Expands to 115K SF at SL Green\u2019s 245 Park Avenue<\/a><\/p>\n<p>The identity of the brokers on the deal are unclear, and the duration of the lease and asking rent are still being negotiated. The average asking rent for office space in Brooklyn for the third quarter of 2025 was $53.18 per square foot, according to <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/mktgdocs.cbre.com\/2299\/3a933d5a-62bc-4748-97ba-3f6f2c271cb6-1357900377\/NY_BK_Q3_2025_Figures_FINAL.pdf\">a report by CBRE<\/a>. <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/mktgdocs.cbre.com\/2299\/3a933d5a-62bc-4748-97ba-3f6f2c271cb6-1357900377\/NY_BK_Q3_2025_Figures_FINAL.pdf\">\u00a0<\/a><\/p>\n<p>The agency will also seek to lease 920 square feet of parking at 1040 Dean Street as part of the deal, according to Crain\u2019s New York Business, which was first to <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/www.crainsnewyork.com\/real-estate\/administration-childrens-services-aims-massive-office-lease-1000-dean-st\">report the lease<\/a>.\u00a0<\/p>\n<p>ACS operates across two units in Brooklyn dubbed Brooklyn East and Brooklyn West. While Brooklyn West moved into a relatively new building at 12 MetroTech in 2022, the two buildings that host Brooklyn East are from the 1970s and have saddled occupants with breakdowns on numerous fronts, causing the need for a relocation. ACS expects to be in the new space by 2027.\u00a0<\/p>\n<p>\u00a0\u201cThe new location is accessible to public transportation and will include family meeting rooms, a food pantry and a boutique for families in need, and sufficient waiting area spaces,\u201d an ACS spokesperson said in a statement to Commercial Observer.\u00a0<\/p>\n<p>The 151,000-square-foot, four-story building between Franklin and Classon avenues was initially a service station for Dodge and Plymouth cars in the 1920s, and later for Studebaker automobiles in the 1940s.\u00a0<\/p>\n<p>Purchased in 2012 for $11 million by a joint venture that included Jonathan Butler \u2014 founder of Brownstoner, Brooklyn Flea and Smorgasburg \u2014 <a href=\"https:\/\/commercialobserver.com\/company\/bfc-partners\/\" title=\"BFC Partners\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">BFC Partners<\/a> and the <a href=\"https:\/\/commercialobserver.com\/company\/goldman-sachs-urban-investment-group\/\" title=\"Goldman Sachs Urban Investment Group\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Goldman Sachs Urban Investment Group<\/a>, the building was subject to a $30 million adaptive reuse by <a href=\"https:\/\/commercialobserver.com\/company\/selldorf-architects\/\" title=\"Selldorf Architects\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Selldorf Architects<\/a> in 2014, transforming into creative office space with a cafe and Berg\u2019n Beer Hall at street level. The project was assisted by $25 million in New Markets Tax Credits, <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/www.bfcnyc.com\/ullit-dolor-aut-qui-re\/\">according to BFC Partners<\/a>.<a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/www.bfcnyc.com\/ullit-dolor-aut-qui-re\/\">\u00a0<\/a><\/p>\n<p>The renovation won a Masterworks award for Best Neighborhood Catalyst from the Municipal Art Society of New York, and also received the Lucy G. Moses Award for outstanding preservation efforts from the New York Landmarks Conservancy, <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/yunarchitecture.com\/project\/1000-dean-street\/\">according to Yun Architecture<\/a>, whose founder, Susan Yun, was the project manager for the renovation while at Selldorf.\u00a0\u00a0<\/p>\n<p>The building was sold to Asher Abehsera of <a href=\"https:\/\/commercialobserver.com\/company\/livwrk\/\" title=\"LIVWRK\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">LIVWRK<\/a> in June 2019 for $55.95 million, according to TerraCRG, which <a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/www.terracrg.com\/2019\/06\/19\/selling-points-terracrg-announces-the-sale-of-1000-dean-st-for-55950000\">brokered the deal<\/a>.<a target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/www.terracrg.com\/2019\/06\/19\/selling-points-terracrg-announces-the-sale-of-1000-dean-st-for-55950000\">\u00a0<\/a><\/p>\n<p>Its value faltered, however, by November 2023, felled by COVID, and it sold \u2014 minus two retail condos off-loaded separately for $6 million in 2021 \u2014 for just $32.5 million to Brooklyn developers Shiya Labin and Isaac Hager, according to Crain\u2019s. (Berg\u2019n closed in 2020. <a href=\"https:\/\/commercialobserver.com\/company\/meridian-capital-group\/\" title=\"Meridian Capital Group\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Meridian Capital Group<\/a>\u2019s announcement of the building\u2019s 2023 sale described the building as \u201cdistressed.\u201d)<\/p>\n<p>Other tenants at 1000 Dean Street include coworking company <a href=\"https:\/\/commercialobserver.com\/company\/industrious\/\" title=\"Industrious\" class=\"company-link\" rel=\"nofollow noopener\" target=\"_blank\">Industrious<\/a> and the film and photo soundstage Be Electric Studios.<\/p>\n<p>\u00a0Larry Getlen can be reached at <a href=\"https:\/\/commercialobserver.com\/2025\/11\/childrens-services-agency-upgrades-consolidates-crown-heights\/mailto:lgetlen@commercialobserver.com\" rel=\"nofollow noopener\" target=\"_blank\">lgetlen@commercialobserver.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"New York City\u2019s Administration for Children\u2019s Services (ACS) will be leasing approximately 105,000 square feet of office space&hellip;\n","protected":false},"author":2,"featured_media":50886,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28407,28408,28409,28410,28411,3775,28412,28413,98,28414,100,99,24556,28415,28416,2361,28417,9,24,28418,63,2362,28419,28420,28421,28422],"class_list":["post-50885","post","type-post","status-publish","format-standard","has-post-thumbnail","category-brooklyn","tag-1000-dean-street","tag-1040-dean-street","tag-12-metrotech-center","tag-1274-bedford-avenue","tag-2554-linden-boulevard","tag-administration-for-childrens-services","tag-asher-abehsera","tag-be-electric-studios","tag-brooklyn","tag-brooklyn-flea","tag-brooklyn-headlines","tag-brooklyn-news","tag-brownstoner","tag-isaac-hager","tag-jonathan-butler","tag-leases","tag-municipal-art-society-of-new-york","tag-new-york","tag-new-york-city","tag-new-york-landmarks-conservancy","tag-nyc","tag-office-leases","tag-shiya-labin","tag-smorgasburg","tag-susan-yun","tag-yun-architecture-channel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/50885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=50885"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/50885\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/50886"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=50885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=50885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=50885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}