Construction is now complete on Chestnut Commons, a 275-unit affordable housing project in Cypress Hills, Brooklyn. The property is located at 110 Dinsmore Place and was developed in collaboration by MHANY Management, Cypress Hills Local Development Corporation, and Urban Builders Collaborative with support from New York City’s Department of Housing Preservation and Housing Development Corporation.
Plans have been announced for 274 affordable housing units as part of a project entitled Chestnut Commons, in East New York. A rezoning shift pushed by the East New York Neighborhood Plan is mostly responsible for the site’s potential. The building will be affordable to households earning up to $51,540, with more than 80 units for households earning up to $25,770, including a set-aside for formerly homeless families and individuals.
East New York has emerged as the first neighborhood that’s likely to be considered for rezoning by the de Blasio administration. And while YIMBY contributor John Petro has written about what might be in store, a permit…