Grocery delivery service leases space at BFC’s new Bed-Stuy building

BFC Partners announced today that Buyk, a new real-time grocery delivery company, has signed a 4,000 s / f lease at The Garnet, a new mixed-use, mixed-income building at 1620 Fulton Street.

This is the first retail tenant to join the project. Developed by BFC Partners and SMJ Development, The Garnet offers a total of 102 affordable housing units, 94 of which are available through a lottery and eight were ex-homeless out of town.

Buyk has signed a ten-year lease with two extension periods of five years each. As this lease was previously only available in Manhattan, this lease reflects Buyk’s recent efforts to expand into other boroughs.

“We are very excited to welcome Buyk as the first retail space to call The Garnet home,” said Joseph Ferrara, main partner of BFC. “The location in the center of Bed-Stuy makes this location incredibly convenient and will be a tremendous service not only to the residents of The Garnet but also to the wider community.”

The Buyk storage space will be located on the ground floor of The Garnet and will be the first retail space to be rented in the building. Bike couriers pick up goods from the warehouse, which is a compact version of a typical grocery store, and then deliver the orders straight to the consumer’s doorstep.

“Buyk is actively expanding across New York and we plan to have our ultra-fast grocery delivery service across the city by the end of the year,” said Yana Pesotskaya, US retail director at Buyk. “A key factor in this rapid growth is the ability to find high quality properties that meet our needs. We are therefore very excited to be working with The Garnet as we launch our delivery service in Brooklyn. “

“A few years ago the garnet site was mostly empty and unused. Today we have mixed income residential communities and now we have a 21st century grocer. We are delighted that Buyk is delivering quality food to our residents and neighbors in Bedford-Stuyvesant, ”said Juan Barahona, Head of SMJ Development.

Buyk is a new service launched in New York City on September 14, 2021. The company promises ultra-fast grocery delivery (15 minutes or less) and is unique in that the service is available with no minimum spend or delivery fees. With Buyk, delivering fresh groceries quickly is easier than ever.

The Garnet is a 106,672 s / f mixed-use project located at 1620 Fulton Street in Bedford-Stuyvesant, Brooklyn. The 11-story building was designed by Shakespeare Gordon Vlado Architects. The building comprises 12,000 m² of retail space, which takes up the ground floor together with a communal facility.

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