The affordable housing lottery has launched for 1020 Rogers Avenue, a seven-story mixed-use building in Flatbush, Brooklyn. Designed by Zproekt Architects and developed by Oleg Krasnitsky under the 1020 Rogers Avenue LLC, the structure yields 75 residences. Available on NYC Housing Connect are 23 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $72,000 to $218,010.
The affordable housing lottery has launched for 154 Lenox Road, an eight-story residential building in Flatbush, Brooklyn. Designed by BDF Design and developed by Promont NYC, the structure yields 37 residences. Available on NYC Housing Connect are 13 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $78,858 to $198,250.
The affordable housing lottery has launched for 45 Lenox Road, an eight-story mixed-use building in Flatbush, Brooklyn. Designed by Studio Gallos and developed by Bluejay Management, the structure yields 43 residences. Available on NYC Housing Connect are 14 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $65,143 to $198,250.
Permits have been filed for a four-story residential building at 2615 Farragut Road in Flatbush, Brooklyn. Located between Flatbush Avenue and East 26th Street, the lot is a short walk from the Flatbush Avenue-Brooklyn College subway station, serviced by the 2 and 5 trains. Getzy Neustadt is listed as the owner behind the applications.
A $140 million construction loan has been issued for a new seven-story residential development located at 2366 Bedford Avenue in Flatbush, Brooklyn. The loan was issued by SCALE Lending to Clipper Equity, the project’s developer. It marks a continuation of SCALE Lending’s aggressive financing strategy and pushes its 2024 transaction volume to over $400 million in loans provided.
