East New York Rezoning

Linden Terrace - Radson Development

City Officials Join Project Partners to Celebrate 234 New Affordable Homes at Linden Terrace in East New York, Brooklyn

Developers and New York City officials recently joined to celebrate the first phase of completion at Linden Terrace, a 548-unit affordable housing complex in East New York, Brooklyn. Located at 2858 Linden Boulevard, the building comprises 234 affordable homes. The teams also celebrated the commencement of construction for the second and third buildings, which will eventually comprise 159 and 155 additional affordable apartments.

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Rendering of Atlantic Chestnut 1 Phase

Phipps Houses Secures $217 Million Financing for Phase 1 of Atlantic Chestnut Development in East New York, Brooklyn

Non-profit housing developer Phipps Houses closed on $217 million in construction financing for the first phase of Atlantic Chestnut, a massive three-phase development in Brooklyn. When completed, Atlantic Chestnut will bring 1,200 affordable housing units to the East New York neighborhood under the 2016 East New York Rezoning. With Dattner Architects handling design, the Atlantic Chestnut development will consist of three mid-rise apartment buildings featuring affordable apartments, 60,000 square feet of commercial and community facility space, attended parking for 200 cars, and residential amenities comprising of a gym, children’s playroom, a lounge, a party room, and landscaped courtyards and roof deck. The project is being built by Monadnock Construction.

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Chestnut Commons

Plan for “Chestnut Commons” Affordable Housing Revealed in East New York

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.

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