The artistic renaissance in Bronx is getting a boost as workplace and community incubator Bronx Kreate Space obtained 15 Canal Place in the Mott Haven neighborhood.
Made possible in part by a $595,000 Downtown Revitalization Award from New York State and a $350,000 loan arranged by The Bronx Overall Economic Development Corp. and its president, Marlene Cintron, Bronx Kreate Space plans to establish a modern arts hub that will provide local artists with affordable creative space that fosters artistic synergies while also driving the local economy.
But first, the entity had to find a suitable site, eventually settling on a four-story warehouse built in 1908. Bronx Kreate Space singled out Kathy Zamechansky, president of KZA Realty Group, for her pivotal role in securing the new space.
“Kathy was instrumental in helping Bronx Kreate Space find and secure our location in South Bronx,” said Dan Herdoon, CEO of Bronx Kreate Space. “We began working with Kathy more than two years ago and despite some challenges, she persevered as a partner and advocate for our team, taking an interest as if it were her own project. This is a win for us, and a win for the borough.”
The seller, B&G Mechanical Corp. was represented by Paul Enea of RM Friedland.
Bronx Kreate Space will lease affordable studios to more than 100 artists and makers, along with offering community memberships that allow participants to take part in classes, lectures, gallery space and maker markets.
“This project is of utmost importance to the continued revitalization of Bronx – especially the ability to attract artists and artisans,” said Zamechansky, an award-winning real estate professional who has helped spur the borough’s commercial and residential renaissance. “This deal would not have happened without support from the Borough President’s office, who encouraged Dan Herdoon and his team to open the site in Bronx, and the Bronx Overall Economic Development Corporation, who provided a portion of the financing needed to build out the site and facilitated the New York State grant. We are grateful for their help.”
In partnership with local museums, non-profit organizations, schools and government agencies, Bronx Kreate Space will establish a cultural destination in the borough and foster a strong sense of community in the immediate area. Resident and affiliated artists will also mentor local public and private school students.
“Bronx has always been an innovator in the arts and music, but now we have a home where artists can work in a communal setting,” said Marlene Cintron, president of the Bronx Overall Economic Development Corporation. “The economic development impact of supporting our local artists in Bronx under one roof will be unprecedented.I look forward to financing more of them as the need for even more space becomes apparent.”
In addition to hiring management, maintenance and hospitality employees, Bronx Kreate Space will partner with a local coffee shop to occupy a cafe space and help build traffic for the ground floor gallery. The space will also host local events.
“Bronx Kreate Space will be instrumental in sending the message that art is for everyone and we need to keep it alive in Bronx,” said Bronx Borough President Ruben Diaz Jr. “My office supports projects like this to help break down barriers of entry for local artists and the community and I am excited to see this project come to fruition. I thank KZA Realty Group and Kathy Zamechansky for their contribution to the Bronx arts community through the development of this project and the Bronx Overall Economic Development Corp. for providing a significant percentage of the funding to make this happen.”
About KZA Realty Group
KZA Realty Group is a full service commercial brokerage and consulting company providing real estate solutions for landlord, property owners, developers and retailers throughout the greater New York area.
Through constant marketing analysis, current trend awareness and in-depth communication with our clients, our management team has successfully completed numerous sale and lease transactions resulting in millions of dollars in sales, savings and profits for our clients. Our services also include commercial planning, project management and community and government relations.
We assist in all stages of planning and development, from the Groundbreaking Ceremony to the Ribbon Cutting to leasing the spaces.
Our office is located in the Hutch Metro Center in the Bronx and provides clients with convenient access to our services.
- Leasing Strategy Use analysis of site, competition and demographics to determine demand gap, target specific retailers that can capitalize on identified demand gap and generate marketing plans including online marketing campaigns;
- Marketing Create and disseminate marketing materials and canvas for potential tenants;
- Tenant Qualification and Representation Screen potential tenants and prepare credit analysis to ensure we meet both the tenant and landlord’s goals;
- Comparative Lease Analysis Provide quantitative assessment of potential lease deals.
KZA Realty Group
1200 Waters Place
Bronx, NY 10461
Tel.: . 718-829-5775