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.
Permits have been filed for a six-story mixed-use building at 458 East 25th Street in Flatbush, Brooklyn. Located between Newkirk Avenue and Foster Avenue, the lot is five blocks west of the Newkirk Avenue subway station, serviced by the 2 and 5 trains. David Sinay of Candor Capital is the developer.
Permits have been filed for a seven-story apartment building at 2512 Bedford Avenue in Flatbush, Brooklyn. Located between Clarendon Road and Avenue D, the interior lot is seven blocks west of the Newkirk Avenue subway station, serviced by the 2 and 5 trains. Shlomo Sinay of Candor Capital is listed as the owner behind the applications.
Permits have been filed for a four-story residential building at 3208 Glenwood Road in East Flatbush, Brooklyn. The site is three blocks away from the Flatbush Avenue Subway Station, the final stop for the 2 and 5 trains. Candor Capital will be responsible for the development.
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.