BRP Companies and its development partners have closed on a $294 million construction loan to complete a new 477-unit rental building in downtown New Rochelle. Located at 500 Main Street, the collection of homes will range from studios up to two-bedroom accommodations including 119 affordable housing units.
Caton Flats, a new 14-story affordable housing property in Brooklyn, is now the new home of the Flatbush Central Caribbean Marketplace. Located at 2123 Caton Avenue in Flatbush, the marketplace formerly existed as Flatbush Caton Market and was a neighborhood staple for more than 20 years.
Construction has broken ground for Archer Towers, one of the tallest residential structures in Jamaica, Queens. Designed by Studio V Architecture and developed by BRP Companies, the 24-story development is located at 163-05 Archer Avenue and will include a mix of apartments, retail space, and parking.
The White Plains Common Council recently approved the construction of a new 296-unit apartment complex near the city’s northwestern border. The complex is the latest project from BRP Companies, a Manhattan-based developer, and will occupy a 2.44-acre lot assemblage.
The affordable housing lottery has launched for The Crossing at Jamaica Station, a 30-story mixed-use residential building at 147-40 Archer Avenue in Jamaica, Queens. Designed by FXCollaborative and developed by BRP Companies, the structure yields 539 residences. Available on NYC Housing Connect are 75 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $68,915 to $192,400.