There are also several Middle Eastern food and beverage establishments, like Damascus Bread and Pastry Shop, 195 Atlantic Avenue, selling pita and other traditional breads since 1930; Sahadi’s, the Middle Eastern food market which has been at 187 Atlantic Avenue for 73 years, and the Yemen Cafe and Restaurant, 176 Atlantic Avenue. They both have second Brooklyn locations.
In that part of Brooklyn, “There are two sides to Atlantic Avenue retailing,” observed Brandon Singer, founder and chief executive officer of Retail by Mona, a real estate leasing and advisory firm. “That whole corridor by the Barclays Center has stayed strong. There is deal velocity, and with the emergence of the Brooklyn Nets as one of the best teams in the league, it’s really become a major hotbed in the last couple of years. Sephora opened across in Atlantic Terminal in 2019.
“Every one of the owners has an engaging entrepreneurial story. Consignment Brooklyn was started 18 years ago by the owner emptying out her closet,” said Hodges. And what’s interesting, he added, is that several of the owners network to share marketing techniques or safety and health concerns. “Most of their business is supported through people who live in the area. The revenue on Atlantic isn’t subject to tourism.
“The neighborhood has definitely evolved. So many new apartments have been built in the area and they’re not inexpensive. We don’t just cater to one group, and I wouldn’t say it’s the one-percenters. It’s probably the 10-percenters.
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