15 Canal Place, in the Mott Haven neighborhood of the Bronx 15 Canal Place, in the Mott Haven neighborhood of the Bronx

NEW YORK CITY—The Bronx hasn’t always been known as an arts community. But that’s changing. The borough received a recent vote of confidence for it arts and culture potential. The workplace and community incubator Bronx Kreate Space is moving into 15 Canal Place in the Mott Haven neighborhood.

15 Canal Place, LLC purchased the four-floor, 19,550 square-foot warehouse that was originally built in 1931 from B&G Mechanical Corporation for $4.2 million, according to Property Shark. The website also lists Abraham Maslavi and Saul Maslavi as owners. New York State provided a $595,000 Downtown Revitalization Award and The Bronx Overall Economic Development Corporation and its president Marlene Cintron also provided a $350,000 loan.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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