Developers Close on $66M Loan for Mixed-Use Affordable Housing Complex in East Williamsburg, Brooklyn

Rendering of the Greenpoint Hospital Campus redevelopmentRendering of the Greenpoint Hospital Campus redevelopment

The Hudson Companies, St. Nicks Alliance, and Project Renewal have closed on a $66 million construction loan for phase one of the Greenpoint Hospital Campus redevelopment project. Located in East Williamsburg, Brooklyn, the 3.4-acre site is bounded by Masbeth, Skillman, and Debevoise Avenues and has sat vacant since the early 1980s.

The multi-phase project will reposition two existing buildings and create a pair of new buildings. The campus will also create up to 557 affordable homes for seniors, a 200-bed men’s shelter, a health clinic, a senior center, a workforce development center, and a café. Amenities will include outdoor courtyards and playgrounds, rooftop terraces, laundry rooms, fitness centers, bike storage rooms, children’s playrooms, and communal lounges.

The overall campus plan and project phasing was designed by Magnusson Architecture and Planning with Architecture Outfit. Other independent teams were selected to design additional components of the redevelopment project.

“We take great pride in developing leading-edge permanent and transitional housing for all New Yorkers and today we are one step closer to transforming this campus into nearly 557 affordable homes in East Williamsburg with a new 200-bed shelter, open space, and community spaces to complement the neighborhood,” said Aaron Koffman, president of The Hudson Companies.

Rendering of the Barbara Kleiman Men’s Shelter at 19 Debevoise Avenue on the former Greenpoint Hospital Campus

Rendering of the Barbara Kleiman Men’s Shelter at 19 Debevoise Avenue on the former Greenpoint Hospital Campus

Located at 19 Debevoise Avenue, phase one includes the conversion of a former residence for hospital nurses. When complete, the 54,000-square-foot building will debut as the Barbara Kleiman Men’s Shelter offering 200 beds and on-site care services rendered by Project Renewal. The shelter was designed by Edelman Sultan Knox Wood Architects, alongside the New York State Historic Preservation Office to ensure the preservation of the building’s historic façade and some of the interior elements.

Construction for phase one is expected to be completed by December 2025.

“The former Greenpoint Hospital presents a rare opportunity in New York City to gut-renovate a building and redesign it as a shelter from the ground up in a way that centers the needs of New Yorkers experiencing homelessness,” said Eric Rosenbaum, president and CEO of Project Renewal. “Project Renewal looks forward to bringing our 55 years of experience to bear, making this a place of comfort and stability, with targeted services that break the cycle of homelessness, including a medical clinic, occupational therapy, and employment counseling.”

The next phase of development includes the construction of an 18-story building adjacent to the shelter with 311 affordable units for low-income families earning between 30 and 80 percent area median income (AMI). Available units will range from studios up to three-bedroom units.

The project team has not provided an anticipated schedule for the completion of the second phase. The campus has already won a Buildings of Excellence award from NYSERDA, and a Blue Ribbon Award for Design Excellence from AIA New York.

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2 Comments on "Developers Close on $66M Loan for Mixed-Use Affordable Housing Complex in East Williamsburg, Brooklyn"

  1. David in Bushwick | December 26, 2022 at 1:39 pm | Reply

    A most excellent project. We need 100 more of these in the City.

  2. “transitional housing”

    This is a boarding house and with the obscene and ostentatious rental market rate in this town, this transitional housing will wind up permanent for these poor people. And for the elderly, the only transition will be to their graves.

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