Last month, YIMBY reported on applications for JDS Development and Chetrit Group’s planned 73-story, 1,066-foot-tall residential tower at 340 Flatbush Avenue Extension, in Downtown Brooklyn, and now the New York Times has new details on the project, as well as an updated rendering. The tower portion would be connected to the Dime Savings Bank building at 9 DeKalb Avenue, an individual landmark, and would require the demolition of part of the structure. That means the Landmarks Preservation Commission would have to approve alterations to the bank building. The first hearing is scheduled for March 15. The interior of the 97,000-square-foot bank building, which is also an interior landmark, is expected to be transformed into retail space.
As for the tower portion, some of its lower floors will be a mix of retail and office space. Nearly 500 rental apartments will be located in the rest of the SHoP Architects-designed structure, which will be clad in glass and bronze. Twenty percent of the apartments will rent at below market-rates. A five-story triangular building at 340 Flatbush Ave. Ext. will be demolished and completion is tentatively expected in 2019.
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