972-974 Dean Street

972–974 Dean Street is a three-story industrial daylight factory with a full basement on the Prospect Heights / Crown Heights line, inside the Atlantic Avenue Mixed-Use Plan corridor. A factory-to-office conversion has been approved with the Department of Buildings to renovate the existing bricks and to establish columns as foundation to support further development. Seeking interested parties to buy and develop with approved plans, or to purchase completed construction. A purpose-built factory this corridor no longer produces: full lot depth, heavy floors, large window openings at the upper levels, and one identity for the whole building. The subject is zoned M1-2AAM within the Special Atlantic Avenue Mixed Use District. It is an unpaired designation: no residential district is attached to it and no residential floor area is permitted as of right. Office, retail, warehouse and light manufacturing are permitted as of right. The plan rezones 21 full or partial blocks of the old M1-1 corridor between Vanderbilt and Nostrand Avenues, the largest change to these blocks since the 1961 freeze. The mid-blocks of Dean, Pacific and Bergen move from M1-1 to new M-CROWN districts, most of them paired designations that allow residential and commercial on the same lot, with bonus floor area for buildings that mix jobs with housing above. City Planning's study for the plan charted median gross rent by community district from the 2008–2012 census period to 2017–2021. Crown Heights North and Prospect Heights, Community District 8, rose 26 percent, from roughly $1,280 to $1,610 a month. Bedford-Stuyvesant rose 36 percent and Fort Greene / Clinton Hill 50 percent. In City Planning's words, rent and income around the plan area have grown faster than Brooklyn or the city as a whole. By 2021 the median household in the area paid 34 percent of its income in rent.