BY ROSE ADAMS
A real estate investment
fi rm purchased more than
seven acres of land along
Shore Parkway for $57.5 million,
property records show.
New York-based FBE Limited
bought the fi ve properties,
which currently house
a large parking lot and a pier
that extends from Bay 41st
Street into Gravesend Bay.
The lots — 1900 Shorefront
Parkway and 1894 Shorefront
Parkway, along with three
other adjacent properties —
are located just south of the
amusement park Adventurer’s
Park, previously known
as Nellie Bly.
Documents list Thomas
Gagliano as the seller, and records
indicate that the land
had been in the Gagliano family
since 1967, the Real Deal
fi rst reported. In addition to
owning the properties, the
family runs Marine Basin Marina
from the Bay 41st Street
pier, which accommodates
more than 200 boats.
FBE Limited, headed by
Abraham Fruchthandler,
owns about 25 million square
feet of commercial and residential
BREAKTHROUGH TECHNOLOGY
DRX9000TM
COURIER L 18 IFE, JANUARY 24-30, 2020
lots nationwide, including
several high-profi le
New York City properties. The
investment company is partnering
with Jamestown Properties,
Belvedere Capital and
Angelo, and Gordon & Co. to
redevelop Industry City, a 32-
acre industrial complex in
Sunset Park, and in 2018, the
fi rm fl ipped an Inwood mixeduse
development for $55 million
— more than twice what it
paid earlier that year, the Real
Deal reported.
Abraham Fruchthandler’s
son, Ephraim Fruchthandler,
landed on former Public Advocate
Letitia James’ “Worst
Landlord List” in 2015 for racking
up more than 400 building
code violations in his Harlem
apartment building. Fruchthandler
A real estate investment fi rm bought more than seven acres of waterfront property in Gravesend (marked in
blue) from the Gagliano family, which has owned the property since the 1960s. Google
is still listed on the
Crown Heights Tenant Union’s
“Worst Landlord Watch List”
for allegedly attempting to deregulate
rent-stabilized apartments
and ignoring repair requests
for his Classon Avenue
building. Fruchthandler has
also come under fi re for allegedly
attacking his wife with
a queen-size mattress in 2017,
the Post reported.
The Gravesend property
is zoned as an M1-1 district,
which allows for light manufacturing,
such as repair
shops, woodworking shops,
and storage facilities. Now,
the site houses the marina,
the parking lot, a fi shing charter,
and jet ski tour and rental
company that docks on the
pier.
FBE Limited and Thomas
Gagliano declined to comment
on the sale, but a source with
intimate knowledge of the sale
said that developers planned
to build a mall and an Amazon
storage facility on the site.
“The plan is they’re going
to put up a strip mall by Shore
Parkway and behind it an
Amazon warehouse,” said the
source, who spoke on the condition
of anonymity.
However, a tenant of 1900
Shore Parkway claimed that
the strip mall plan was just
hearsay.
“It’s all rumors, but no one
knows for sure,” said Max, a
captain at Lady L Charters, a
fi shing charter located on the
pier.
Amazon representatives
did not respond to requests for
comment.
Setting sale
Real estate fi rm buys seven-acre
lot along Gravesend waterfront
RELIEVES BACK PAIN
Surgeons perform an estimated 300,000 to 400,000
back surgeries every year. Annually, neurosurgeons
perform at least 100,000 operations for lumbar disc
disease alone, and orthopedic surgeons perform a
similar number. It is estimated that between 20% and
40% of these operations are unsuccessful.
That is why doctors from all over the country
are racing to acquire and get trained to operate the
DRX9000TM, an FDA approved device that is saving
thousands of Americans suffering from chronic back
pain from going under the knife.
Dr. Melinda Keller, who treats serious back
pain without surgery explains how the DRX9000TM
works... “Over 10 years ago, NASA began to notice
an unexpected result of space travel: Astronauts that
left with back pain would come back without it. After
investigated this now phenomenon here’s what they
found: During the anti-gravity state of the mission there
were decompressive forces on the intervertebral discs
and back pain was relieved. How? When you travel
through space, the effects of gravity are removed
and you are in a weightless state. All the pressure is
taken off your spine and discs. Even better — and
this is the key — a negative pressure is created. This
negative pressure actually sucks the herniated material
back into the disc and allows it to heal. Thanks to the
DRX9000TM, disc herniation sufferers finally have a
non-surgical solution.”
The main conditions the DRX9000TM has documented
success with are back pain, sciatica, herniated
and/or bulging discs (single or multiple), degenerative
disc disease, facet syndromes and a relapse or failure
following back surgery.
Anyone wishing to learn more about this new
FDA approved solution to back pain or to set up an
appointment for a free consultation call Dr. Keller’s
office at 718 234-6212 or visit Brooklyn Spine
Center, 5911 16th Ave., Brooklyn, New York 11204.
Brooklynspinecenter.com.
S f i d 3
Local doctor treats herniated and bulging discs,
sciatica, and serious lower back pain
WITHOUT BACK SURGERY
/Brooklynspinecenter.com
