Maybe Mike Judge should consider doing a remake of “Office Space” in Bushwick, because yet another conversion of an empty warehouse into office space is coming to the Morgan L, this time at 456 Johnson Ave. The building formerly housed a paper mill built in 1931.
“This product is desperately needed,” broker Chris Havens told The Real Deal. “It’s really hard to find office space off the L train.” He noted that the space will cater to business owners who “live within a mile or two… the L train creative population, people who live in Bushwick, Williamsburg, Ridgewood, Greenpoint.”
With plans to open 35 commercial office units in March, the project will include a gut renovation and restoration of original flooring and beam columns while replacing its windows, ceilings and elevator. Asking rents are in the upper-$40s per square foot, with conventional leases ranging between one and five years. Retail space will occupy the building’s ground floor.
The new building, fittingly called The Paper Mill, joins the many upcoming creative offices in East Williamsburg and Bushwick, including 455 Jefferson, 95 Evergreen, and 215 Moore St.