Clipper Equity

Photograph of Flatbush Gardens, courtesy of Clipper Realty

New Community Service Site Opens At Flatbush Gardens In East Flatbush, Brooklyn

Clipper Equity and local non-profit organization Bridging Access to Care have announced the opening of a new community service center at 3301 Foster Avenue in Flatbush Gardens, a sprawling campus in East Flatbush, Brooklyn. The new service site plans to offer tailored supportive services to the predominantly low-income families that currently live on the campus, which houses nearly 2,500 apartments.

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Affordable Housing Lottery Launches for Tower 77 in Greenpoint, Brooklyn

The affordable housing lottery has launched for Tower 77, a nine-story mixed-use building at 85 Commercial Street in Greenpoint, Brooklyn. Designed by CetraRuddy Architecture and developed by Clipper Equity, the structure yields 240 residences. Available on NYC Housing Connect are 230 units for residents at 40 to 125 percent of the area median income (AMI), ranging in eligible income from $32,023 to $218,875.

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Gramercy Square, 215 East 19th Street, i.e. The Tower

New Renderings for Four-Building “Gramercy Square” Development, Gramercy

Today, YIMBY has the reveal for some new renderings of the Gramercy Square residential complex, in Gramercy Park, Manhattan. The Chetrit Group and Clipper Equity are responsible for the project, which is comprised of four condominium buildings: The Tower at 215 East 19th Street, The Prewar at 225 East 19th Street, The Modern at 230 East 20th Street, and The Boutique at 220 East 20th Street. The Modern will be a new seven-story building, while the others will repurpose older structures for condominium use, with concurrent façade alterations. All are connected by way of 20,000 square feet of gardens.

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98 Montague Street

14-Story, 279-Key Esplendor Bossert Brooklyn Hotel Will Open in October at 98 Montague Street, Brooklyn Heights

Back in 2012, Clipper Equity and the Chetrit Group acquired, from the Jehovah’s Witnesses for $81 million, the 14-story Bossert Hotel building at 98 Montague Street, in Brooklyn Heights. It has since been undergoing a conversion back to the structure’s original use as a hotel, and now it has been revealed that the the building will open on October 1, the Brooklyn Daily Eagle reported. Re-dubbed Esplendor Bossert Brooklyn, it will be operated by Fën Hotels. The latest building permits indicate there will be 279 hotel rooms. It will feature a 1,997-square-foot restaurant on the first floor, a 2,995-square-foot lobby café, and a 2,300-square-foot restaurant on the 14th floor. The rooftop terrace will measure 1,922 square feet and will be utilized by the restaurant. New York-based Gwathmey Siegel Kaufman + Associates Architects (GSKA) is behind the design of the renovation. The building sits within the Brooklyn Heights Historic District.


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