Permits have been filed for an eight-story mixed-use building at 30 Bushwick Avenue in East Williamsburg, Brooklyn. Located between Devoe and Ainslie Streets, the interior lot is a short walk to the Graham Avenue subway station, serviced by the L train. MHL Capital Partners LLC is listed as the owner behind the applications.
The affordable housing lottery has launched for 524 Ocean View Avenue, a five-story residential building in Brighton Beach, Brooklyn. Designed by Zproekt and developed by Raymond Guindi, the structure yields 22 residences. Available on NYC Housing Connect are eight units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $63,429 to $167,570.
Permits have been filed for a two-tower, 17-story mixed-use building at 840 Atlantic Avenue in Prospect Heights, Brooklyn. Located between Atlantic Avenue and Pacific Street on Vanderbilt Avenue, the lot is near the 2, 3, 4, 5, N, Q, and R trains at the Atlantic Avenue-Barclays Center station, and the Long Island Railroad at Atlantic Terminal. Tom Li of Suzuki Capital is listed as the owner behind the applications. In September 2021, New York City Council approved proposals to construct a new 18-story mixed-use building, developed by Atlantic-Vanderbilt Holdings LLC and designed by IMC Architecture, with a mix of market-rate and income-restricted apartments, retail space, a community arts center, and a sub-grade parking garage.
The affordable housing lottery has launched for Brooklyn Crossing, a 51-story residential building at 18 Sixth Avenue in Prospect Heights, Brooklyn. Designed by Perkins Eastman, and developed by The Brodsky Organization, the structure yields 858 residences. Available on NYC Housing Connect are 258 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $65,315 to $167,570.
The Rabsky Group recently closed on a $72 million construction loan to complete a new high-rise residential building at 240 Willoughby Street in Fort Greene, Brooklyn. Provided by SCALE Lending, the construction loan will also fund the renovation of an existing 21-story, 189-unit multifamily development within the same complex.
