Brooklyn

Rendering of 210 Clarkson Street - Hill West Architects

SCALE Lending Provides $68.5M Construction Loan to Complete 210 Clarkson Street in Prospect Lefferts Gardens, Brooklyn

SCALE Lending has provided K2 Real Estate Partners with a $68.5 million construction loan to complete a mixed-use residential building in Prospect Lefferts Gardens, Brooklyn. The project site is located at 210 Clarkson Avenue and will eventually support an eight-story property designed by Hill West Architects with 165 rental apartments and a ground-floor grocery store.

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Housing Lottery Launches for 668 Bushwick Avenue in Bushwick, Brooklyn

The affordable housing lottery has launched for 668 Bushwick Avenue, a six-story mixed-use building in Bushwick, Brooklyn. Designed by Genaro Urueta and developed by Tsvi Lipsitz of Affordable Housing Real Estate Corp., the structure yields 52 residences. Available on NYC Housing Connect are 15 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $71,658 to $167,570.

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Preliminary rendering of 3285 Fulton Street

Preliminary Renderings Reveal Affordable Housing Building at 3285 Fulton Street in Cypress Hills, Brooklyn

The Department of City Planning is currently reviewing plans to construct a new seven-story mixed-use building at 3285 Fulton Street in Cypress Hills, Brooklyn. Presented in partnership by Cypress Hills Local Development Corporation and MHANY Management, the development would include a new daycare facility and 33 affordable homes for seniors.

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Housing Lottery Launches for Capstone Condominiums at 940 Myrtle Avenue in Bed-Stuy, Brooklyn

The affordable housing lottery has launched for Capstone Condominiums, a nine-story mixed-use residential building at 940 Myrtle Avenue in Bedford-Stuyvesant, Brooklyn. Designed by Fischer + Makooi Architect, the structure has 24 newly built condo units available on NYC Housing Connect. Eligibility is open to first-time buyers at 60 to 80 percent of the area median income (AMI), ranging in income from $37,500 to $103,120.

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