New York City mayor Eric Adams kicked off a weekend-long grand opening celebration for Caton Flats, a new mixed-use development with 255 affordable homes, a revitalized and expanded Flatbush Central Caribbean Marketplace, and 20,000 square feet of community space. Located at 800 Flatbush Avenue in Flatbush, Brooklyn, the development team includes BRP Companies, Urbane, the New York City Economic Development Corporation, the Department of Housing Preservation and Development (HPD), and the Housing Development Corporation (HDC).
Economic Development Corporation
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.
The affordable housing lottery has launched for Peninsula Building 1B, a 14-story mixed-use building at 720 Tiffany Street in Hunts Point, The Bronx. Designed by WXY Architecture + Urban Design and developed jointly by Gilbane Development Company, Hudson Companies, and the Mutual Housing Association of New York, the structure is the first of four new developments bringing 740 affordable units to the area. Available on NYC Housing Connect are 164 units for residents at 30 to 80 percent of the area median income (AMI), ranging in eligible income from $15,772 to $118,400.
At number 20 on our year-end countdown is a pair of mixed-use residential skyscrapers at 495 Eleventh Avenue in Midtown West, Manhattan. Designed by FXCollaborative with Gene Kaufman Architects as the architect of record, the 589,842-square-foot project consists of a 680-foot-tall, 57-story edifice paired with a slightly shorter 653-foot-tall, 56-story sibling that will rise along Eleventh Avenue between West 39th and West 40th Streets, next to the Jakob K. Javits Center. NYC Economic Development Corporation is listed as the owner behind the applications that were filed back in late October.
Permits have been filed for 495 Eleventh Avenue, a pair of mixed-use residential skyscrapers atop of a five-story podium in Midtown West, Manhattan. Located between West 39th and 40th Streets, the two towers will stand 680 feet tall and 57 stories, and 653 feet tall and 56 stories. NYC Economic Development Corporation is listed as the owner behind the applications.