
TF Cornerstone, which is headed by high-profile brothers Tom and Fred Elghanayan, is starting asbestos abatement and other prep work prior to demolishing the garage and retail facility where IHOP is the last remaining tenant.
Mid-Rise 33 Bond Project Moving in at 300 Livingston Street
“We're taking a site that's underutilized and frankly could use an upgrade and building a Class A apartment house with a large amount of retail in the base of it that will attract a retailer that's desperately needed,” Jeremy Shell, the firm's senior vice president of acquisitions and finance, told the Eagle.
“It's really going to enliven the area,” he added.
Read the full Brooklyn Daily Eagle article on future plans for the Livingston Street IHOP, here.