Developers Plan 10-Story, 132-Unit Bed-Stuy Tower: Report

BEDFORD-STUYVESANT, BROOKLYN — A self-described "boutique" real estate group plans to plop down a 10-story building on Bed-Stuy's Sanford Street, according to reports and records.

Leviathan Capital filed plans for the 132-unit development at 122 Sanford St., this week, TheRealDeal first reported.

The building will be 128,000 square feet of mostly residential space, with some commercial areas, and 54 enclosed parking spaces, the plans state.

And it won't be the only massive upcoming development in the neighborhood, as TheRealDeal pointed out. About a mile away another developer plans to erect a 150-unit "co-living space" at 1215 Fulton St., the site of the former Slave Theater.

The Slave Theater was an epicenter of black-focused performance art and activism before its closure, a years-long ownership battle and eventual demolition in 2017. Developers behind the Collective, the group that bought the theater's property in 2019, promised to honor the legacy of Judge John L. Philipps, who founded the theater.

Phillips also co-founded the Black Lady Theatre in Crown Heights, which is the subject of court battle over its ownership. Black Lady Theatre supporters this week evoked the Slave Theater's loss as they decried the potential loss of another black cultural institution to gentrification and development.

Leviathan Capital bills itself as a "privately-held boutique real estate capital advisory group, founded on relationships, honesty, integrity and trust," according to its website.