The New York Daily News has broken news that Arker Companies and Two Trees will develop a sixteen-story mixed-income building at 120 3rd Avenue, in Boerum Hill, Brooklyn. This comes almost two years after the city announced a program focused on reutilizing thirty to forty New York City Housing Authority (NYCHA) locations around the city. Effectively, this means new structures rising up on undeveloped land generally used for recreation or, in the case of this newest announcement, two parking lots.
The site will create a total 500 new apartments with half at market-rate, and the other half dedicated to lower-income tenants. The project has been met with some heat, with various members of the community concerned about the effects of new market-rate units in the neighborhood, as well as concern for the loss of ground space.
NYCHA justifies the move by explaining that the cash is necessary to help the stringent agency with its large portfolio. With NYCHS sitting on so much empty space that has gone underutilized for decades, additional sites are likely to follow suit in the coming years as well.
Renderings by Aufgang Architects show an attractive, large-windowed 17-story high-rise standing roughly as tall as its surrounding counterparts in Wyckoff Gardens. Permits have not yet been filed for the project.