Newmark has leased 10,000 square feet of ground-floor space for the historic Bond Bakery Clock Tower building at 495 Flatbush Avenue in Brooklyn to Workshop Project, Inc., the non-profit parent of Workshop Middle School, an innovative independent school. Newmark Associate Director Aric Trakhtenberg represented Workshop Middle School, the tenant, which signed a ten-year transaction with two five-year extensions. Tri-State Commercial represented Albert Srour, local Brooklyn developer and landlord of the Bond Baker Clock Tower, in the transaction.
“We’re thrilled to join the Prospect-Lefferts community and partner with area families, organizations, and schools,” said Workshop Middle School Leader Andrew Ravin. “We believe this is a huge step forward for our school.”
Workshop Middle School is a founding member of the Innovative School Cooperative, a national network of internationally recognized innovative schools. The property, an expansion from their previous location in Park Slope, is cater-corner to Prospect Park. Features for the school will include a state-of-the-art makerspace for students and a professional auditorium for small events. The sunlit space has oversized windows and showcases up to 20-foot ceilings with skylights and polished concrete floors.
“The Workshop Middle School is well-positioned in one of Brooklyn’s most dynamic and rapidly growing neighborhoods,” said Trakhtenberg. “Newmark is rooted in local neighborhoods, and we are thrilled to have the opportunity to provide our client with an ideal space to grow and nurture young minds.”
The no-longer-operational clock tower is a feature that Workshop Middle School students are excited to repair, design, and engineer. The building, which dominates a stretch of Flatbush Avenue near Prospect Park, once filled the surrounding area of Prospect Lefferts Gardens with the delicious smell of bread. It was built by the General Bakery Company known as the Bond Bread Bakery after the once-famous Bond Bread produced at this location.