Friends of Crown Heights Day Care Center (on Prospect, near Bedford) is going away?!
For those unaware, Friends of Crown Heights Day Care Center has occupied a massive "elementary school size" building, complete with gym and cafeteria for decades. I had heard it did not accept children this fall, and rumors of it closing.
Well, the building is now for lease. Rumor confirmed.
Quote:
Total Space Available:
Rental Rate:$25 /SF/Year
Property Type:Office
Property Sub-type:Institutional/Governmental
Additional Sub-types:Office BuildingMedical Office
- Building Size:
- 50,000 SF
- Listing ID
- 19334966
- Last Updated
- 17 days ago
675 Prospect Place
"Built out day care school facility. Ground, Second, with built out Cellar and Roof level. Building has elevator, fire alarm, and sprinkler system. Gymnasium and full kitchen. On site parking and playground. Roof fenced for play with impact surface.
Crown Heights Brooklyn on Bedford Ave and Prospect Place."
http://www.loopnet.com/Listing/19334966/675-Prospect-Place-Brooklyn-NY/
http://www.fochdaycare.org/about-us/jobs
Comments
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Wow. That is a huge change for the neighborhood. FOCH has been a community institution for decades.
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I bet the space gets leased to the DOE. And that a charter school of some type will go in. If I was a charter school CEO, I'd want that location for a progressive elementary school that caters to the newly bougie parents in the area.
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Our daughter goes there. We haven't heard anything about this. Will need to investigate.
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Wonder what's going to happen to the voting site? Board of Elections split ED's out of PS 138 a few years ago and moved some of them to here.
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They just renovated the backyard. Was not under the impression that they're closing. Maybe there's a rent issue? And they have been rolling in new kids.
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Please do investigate. I was aware that they were struggling due to decreasing ACS vouchers, and had heard rumors of consolidation, but the ad today was the first confirmation I have come across.
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I bet the space gets leased to the DOE. And that a charter school of some type will go in. If I was a charter school CEO, I'd want that location for a progressive elementary school that caters to the newly bougie parents in the area.
@crownheightster Based on the interest I am seeing around making the to-be-constructed school in Pacific Park a MIDDLE school, I suspect that a private middle school could do well here.Polly Prep East? -
Lack of middle schools is district 13's problem; district 17 has different issues.
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The PRIVATE school would be located at this space in District 17, but serve families who mostly lived "west".For example, District 13.Tuition would travel with the children. ....little buses would pick them up, much like they pick children up from Turner Towers and the Meier Building each morning, and take them to Polly Prep.In this situation, the buses would take middle school children to a school east of where they live, as opposed to west. Middle schoolers could even walk.
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Ah, Private school.
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I am presently working under the theory that Friends of Crown Heights (FOCH) owns this facility, and they are seeking a renter to bring in revenue that they will use to subsidize their other facilities.
This is a slightly different twist than the usual "their rent was hiked" that we encounter.
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De Blasio announced universal Pre-K at this location. Doubt FoCH gets evicted.
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Private middle schools aren't necessarily looking to grow out in this neighborhood. They usually choose to be close to either where their current location is, or where their current school population comes from. Most of the Brooklyn private schools are centered in the Brooklyn Heights or Park Slope neighborhoods. A few are a bit more fringe than that, but there aren't any large schools that would be looking on this side of Flatbush unless some of the newer, less well established schools (like Waldorf in Bed-Stuy or Green Hill in Ft Green) were looking for a second facility. Much more likely that this would be marketed to a charter (new or existing) or a public school that was looking to expand its space.
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To nip speculation in the bud, nothing is happening at the facility. FOCH isn't closing or relocating.
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So, we are to believe that the real estate firm listed the site without FOCH's knowledge or permission?
I find it more likely that FOCH is gauging interest in the space, but has no plans to close the facility until a renter is found.
...and is telling present and future parents that they are not closing.
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Yes, that's what happened.FOCH doesn't own the building.It's a complicated lease situation that also involves the city, programs, etc.
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Ah, so FOCH did not have enough executed contracts in place to be able to sign the lease renewal and the landlord covered themselves by listing it?
If that is the case, I hope FOCH gets the contracts in place soon.
...the landlord seems as if they are serious about having the space filled and being paid in a timely manner.
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The asking price from the landlord is $1.25 million / year.
$1.25m / (9 classrooms x 12 pre-school students per room x 12 months/year) =~ $965 per student per month. That, by itself, is nearly equal to monthly tuition at area private schools ($1067 @ the Waldorf School, $1461 @ the Co-op School). Add salaries and a fully private school doesn't seem feasible. -
A crucial piece to this puzzle is how much FOCH is presently being charged. I doubt we could find that out easily.
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the ad was recently updated: http://www.loopnet.com/Listing/19334966/675-Prospect-Place-Brooklyn-NY/
Perhaps the landlord has told FOCH that it can stay until it finds a higher bidder?
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Funny I was talking to someone who regulates FOCH yesterday and they were saying how successful the program was and how much better they were than many of the other day care/ preschool programs in the area. It sounded like the organization is doing very well.
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FOCH has several sites, and I have also heard they run quality programming.
If this location closes, I will attribute it to a landlord that was able to secure a more profitable tenant, rather than a weakness by FOCH. -
The site is now being pitched as "build to suit", and listing its address as 1410 Bedford
http://www.loopnet.com/Listing/19789837/1410-Bedford-Ave-Brooklyn-NY/
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What a crazy lot. Were those backyards always separate, or is did a bunch of backyards get eminent-domained as part of some weird urban renewal project?
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It looks like there was once a stable there, with a odd-shaped landlocked piece of property behind it:
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Maybe some space for the horses to walk around? ...eat some hay.
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I see this space being attractive to a giant coworking operation.
A few years ago, I would have predicted a for profit trade school, but -thankfully- the government has begun to crack down on them. -
So many co-working spaces now. How about a movie theatre?
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