Brooklyn


Housing Lottery Launches for Seed Cooperatives at 1900 Park Place in Brownsville, Brooklyn

The affordable housing lottery has launched for Seed Cooperatives, three four-story residential buildings at 1900 Park Place in Brownsville, Brooklyn. Designed by Latent Productions and developed by Habitat for Humanity, the structure yield a total 17 residences. Available on NYC Housing Connect are four units for sale for residents at 80 percent of the area median income (AMI), ranging in eligible income from $48,000 to $115,280.

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Housing Lottery Launches for 641 East 28th Street in Flatbush, Brooklyn

The affordable housing lottery has launched for 641 East 28th Street, a seven-story residential building in Flatbush, Brooklyn. Designed by S. Wieder Architect and developed by David Sinay, the structure yields 36 residences. Available on NYC Housing Connect are 12 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $56,400 to $156,130.

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Gindi Capital, Avery Hall Secure $110M Construction Financing for 204 4th Avenue in Gowanus, Brooklyn

This week Gindi Capital and Avery Hall closed on $110 million in construction financing for the development of a 13-story, 193-unit mixed-use, mixed-income building at 204 4th Avenue in Gowanus, Brooklyn. Located at the intersection of the Gowanus and Park Slope neighborhoods on a full city block between Union and Sackett Street, the ground-up construction will also have an  expansive amenity package including a rooftop lounge and pool. Affinius Capital LLC provided the construction financing for the project with financing arranged by Christopher Peck and Peter Rotchford of JLL.

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