Construction is now complete on The Fountains, a six-building affordable housing complex in East New York, Brooklyn. Developed by Long Island-based Arker Companies, which purchased the site for $10 million following a competitive request for proposal process facilitated by the Empire State Development Corporation, the development yields 1,163 affordable homes, commercial space, and a new public plaza.
The properties are located at 11629 Seaview Avenue, 911 Erskine Street, 10 Schroeder’s Walk, 702 Vandalia Avenue, 881 Erksine Street, and 894 Fountain Avenue. The buildings range from six to nine stories and were all constructed to meet Enterprise Green Community standards and include ENERGY STAR-accredited appliances, energy-efficient heating and cooling systems, and LED lighting.
“The Fountains are the embodiment of our commitment to provide equal opportunity for each and every New Yorker, and this complex goes above and beyond to provide quality, affordability, and access to the resources needed to live healthy and successful lives,” said governor Kathy Hochul. “This mixed-use development provides housing, services, and amenities that will re-energize the community and build a brighter future for all, but especially for our most vulnerable residents.”
Most apartments are reserved for households earning at or below 60 percent area median income (AMI). A total of 85 homes will be available to households earning up to 100 percent of the AMI. Additional designations include 200 units for adults 62 or older and 192 units for adults with intellectual or developmental disabilities. On-site supportive services are provided by the Block Institute.
Additional components include Schroeder’s Walk, a new one-acre public plaza that extends along Schroeder’s Avenue for pedestrians, 21,700-square-feet of ground-floor commercial space, and off-street parking.
“I have been proud to support this project as borough president, emphasizing the need to prioritize those at risk of displacement in the East New York and Brownsville areas,” said Brooklyn borough president Eric Adams. “Providing on-site support services for residents with intellectual and developmental disabilities is also an important step toward giving people with disabilities stable, nurturing environments, and I urge other developments to follow this model to ensure we are meeting the needs of this vulnerable population.”
The 35-acre development site was originally a state-owned residential care and treatment center for people with intellectual and developmental disabilities. Known as the Brooklyn Developmental Center, the property was opened in 1973 and closed in 2015 due to a shift in the national housing policy toward integrated supportive housing.
Financing for The Fountains includes over $216 million in resources from New York State Homes and Community Renewal. Additional support was provided by the New York State Office for People With Developmental Disabilities, the New York State Energy Research and Development Authority (NYSERDA), and the New York City Department of Housing Preservation and Development.
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