Albest Site Marketed for $27 Million

The former Albest Metal Stamping building at 9 Kent Avenue is being marketed as a potential hotel or office building – but notably not for any sort of “industrial” use. It is becoming very clear that the industrial-retention part of the 2005 rezoning – which included reserving a big area around Bushwick Inlet for traditional manufacturing use – was a big missed opportunity. Given the transformation of industry in Brooklyn over the past decade, the opportunity for a new kind of mixed-use zoning – lighter impact industry below with residential above (something the city refused to consider at Bushwick Inlet or anywhere else) could be a big promoter of local jobs.

Instead, we are manufacturing hotels, bars and bowling alleys.