Financing Closes For Renovation Of Nostrand Houses In Sheepshead Bay, Brooklyn
Financing has closed for the $607 million comprehensive modernization of Nostrand Houses, a 16-building public housing development at 2241 Batchelder Street in Sheepshead Bay, Brooklyn. Led by the New York City Housing Authority, the New York City Public Housing Preservation Trust, and the New York City Housing Development Corporation, the project will fully rehabilitate 1,148 apartments and modernize building systems across the development for approximately 2,000 residents. The scope also includes new elevators, upgraded security systems, enhanced accessibility, and a new on-site property management office staffed by more than 40 personnel.





