Candor Capital

495 St. Johns Place in Crown Heights, Brooklyn

Housing Lottery Launches for 495 St. Johns Place in Crown Heights, Brooklyn

The affordable housing lottery has launched for 495 St. Johns Place, a seven-story residential building in Crown Heights, Brooklyn. The 23,059-square-foot development was developed by Candor Capital and yields 26 units. Available on NYC Housing Connect are four units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $59,795 to $167,570.

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1764 Union Street

Six-Story, 17-Unit Residential Building Filed at 1764 Union Street, Crown Heights

Brooklyn-based Candor Capital has filed applications for a six-story, 17-unit residential building at 1764 Union Street, on the eastern end of Crown Heights. The project will measure 14,206 square feet and rise to a height of 63 feet. The residential units should average 705 square feet apiece, indicative of rental apartments. There will also be a 396-square-foot recreational area behind the structure. Diego B. Aguilera’s Rego Park-based firm is the architect of record. The 30-foot-wide, 3,483-square-foot lot was occupied by a two-story townhouse until the structure was demolished in October 2015.

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