Gindi Capital completes demolition of four-story building in Brooklyn

Gindi Capital, on January 7, completed the demolition of a four-story building at 595 Smith Street in Brooklyn.

Gindi Capital recently acquired Chetrit Group’s stake in property valued at $45 million. Prior to the purchase, Gindi Capital and Chetrit Group each owned 50 percent of the property.

The plans, pre-filed on September 27, 2017, call for the demolition of a building. Meyer Chetrit of the Chetrit Group filed the plans.

The project is described in the filings as: application hereby filed to propose a full demolition of a four-story building.

The building had been damaged due to a fire. The fire was later reported as arson.

No new building plans have been filed at the property yet.

Direct link to Acris document. LINK

Direct link to DOB document. LINK