Towards the end of last summer, foundation work was underway for a six-story, 79-unit affordable residential building at 1700 Broadway, in Ocean Hill, a block from the Chauncey Street stop on the J and C trains. Now, the structure is five stories above street level, per Brownstoner, and another six-story, 55-unit affordable building by the same developers is four stories up a block to the north, at 1676 Broadway. All units will be rented at well below-market rates and 7,200 square feet of ground-floor retail space is planned. Services for the Underserved and Alembic Community Development are developing, while Peter Woll is the architect. Completion is expected in early 2016.
Subscribe to the YIMBY newsletter for weekly updates on New York’s top projects
Subscribe to YIMBY’s daily e-mail
Follow YIMBYgram for real-time photo updates
Like YIMBY on Facebook
Follow YIMBY’s Twitter for the latest in YIMBYnews