Articles by Vanessa Londono

350-Unit Residential Development Unveiled for at 499 President Street in Gowanus, Brooklyn

This week The Brodsky Organization announced the acquisition of 499 President Street in Gowanus, Brooklyn. The developer will partner with Avery Hall Investments to begin construction on a mixed-use multi-family residential building. When completed, 499 President Street will include 350 market-rate and affordable rental apartments, a range of resident amenities, and 20,000 square feet of ground-floor retail space. SLCE Architects is responsible for the design.

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Housing Lottery Launches for Pacific Park at 595 Dean Street in Prospect Heights, Brooklyn

The affordable housing lottery has launched for 595 Dean Street, a two-tower mixed-use development part of Pacific Park in Prospect Heights, Brooklyn. Designed by Handel Architects and developed by TF Cornerstone, the structure yields with 558 market-rate apartments, 240 affordable housing units, a 60,000-square-foot public plaza, and 3,412 square feet of ground-floor retail space. Available on NYC Housing Connect are 240 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $78,515 to $187,330.

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