Daily News from New York, New York • 68

Daily News, Monday, June 7, 1982 lllli ED MOUNARI DAILY NEWS The old PS 33 school in the center of an empty block on Baltic, St. will be the site of a shopping center, 5 a-QGDk By OWEN FITZGERALD The overall plans also call for construction of a-Key Food supermarket by the Baltic Associates firm with a 107-car parking lot The board is expected to give final approval to the market plan June 11. The price tag is expected to be $210,000. between Fourth and Fifth for sale to moderate-income families. Meanwhile, the City Planning Commission is reviewing plans to replace part of Butler St and lay out a new street called Gregory Place as part of the townhouse plan.

Harvey Schultz, executive assistant to Borough President Howard Golden characterized the Board of Estimate actions as "a significant development" for the revitalization plan. The long range plans of the city and residents for the revitalization of a blighted corner of Park Slope have received a major push forward because of recent actions by the Board of Estimate. Both of Mayor Koch's innovative shopsteading program to encourage owner-occupancy of vacant city-owned stores as well as the ambitious Baltic St housing plan for a cluster of 48 new townhouses has obtained the board's approval for the sale of the city-owned properties to private developers at bargain prices. Standing alone on the site is Public School 133, an 82-year-old building which numbers among its alum-' ni the notorious gangster, Al Capone. The Board of Education has targeted the school for extensive modernization.

NEARBY, WORK is already under way on the $1.7 million rehabilitation of 14 row houses along Warren This was a blighted area which had lost hope," he said. "4 hi I it', 'Minx I vp-? tiln 1 1 1 til Iff! The board at its May a meeung ai wy nau sanctioned the sale of the first five stores along a stretch of Fifth between Union and Dean in the northern corner of Park Slope. And in coming weeks the would-be owners of the empty storefronts will wrap up negotiations with the city's Department, of Housing Preservation and Development REHABILITATION WORK is expected to begin shortly afterwards and which will result in new storefronts for an insurance agency, a locksmith shop, a real estate office, a power-tool firm and an art gallery. Negotiations are continuing on expansion of. a fish market and a carpet store, according to Janet.

Langsam, an HPD assistant commissioner in charge of the program. i Not only will the sales prices ranging from $12,000 to $35,000 make for a bargain but a package of city-assisted financing will be available, Langsinan said. The shopsteading program, the first of its kind in the city and a priority item for Mayor Koch will complement the nearby Baltic St area housing plan. Rebecca Reich, housing director of the local Fifth Ave. Committee, said that after the board's action last month, land sale closings are expected to be completed in July.

Forty-eight three-family homes will be built on a 2.3-acre site bounded by Baltic and Douglas Sts. and Fourth and Fifth Aves. by the Fulton Park Development Corp. which will acquire the lands for about $75,000. The homes are expected to sell for about $117,000.

yy y-9tt'iA if ft y. yyyy. s' yfi yyyyyy, y. I i Ayo i 1 yyyy -y-i yy Bo'arded-up buildings, such as these, will disappear when new center Is built.