Hope Street Capital

Housing Lottery Launches for 539 Vanderbilt Avenue in Clinton Hill, Brooklyn

7:00 am on May 7, 2022 By Vanessa Londono

The affordable housing lottery has launched for 539 Vanderbilt Avenue, a 29-story residential tower at 550 Clinton Avenue in Clinton Hill, Brooklyn. Designed by Morris Adjmi Architects and developed by Hope Street Capital, the structure yields 284 apartments and about 60,000 square feet of retail space. Available on NYC Housing Connect are 80 units for residents at 70 to 130 percent of the area median income (AMI), ranging in eligible income from $48,206 to $215,150.

Revised rendering of 959 Sterling Place - Morris Adjmi Architects; Hope Street Capital

Developers Close on $55M Construction Loan for 959 Sterling Place in Crown Heights, Brooklyn

7:30 am on February 2, 2022 By Sebastian Morris

Hope Street Capital has closed on a $55 million construction loan to finance the completion of a new seven-story residential building in Crown Heights, Brooklyn. The property is located at 959 Sterling Place on a property formerly owned by the Hebron Seventh Day Adventist School, a New York City landmark completed in 1889.

Updated Proposals Revealed for Residential Expansion at 959 Sterling Place in Crown Heights, Brooklyn

7:30 am on March 17, 2021 By Sebastian Morris

Updated renderings from Morris Adjmi Architects reveal scaled-back designs for a residential expansion at 959 Sterling Place in Crown Heights, Brooklyn. The building sits immediately in front of the Hebron Seventh Day Adventist School, originally completed in 1889 and designated a New York City landmark in 2011. Submitted design changes are a direct response to comments from the Landmarks Preservation Commission (LPC) following initial presentations in October 2020.

Rendering of residential addition at 959 Sterling Place - Morris Adjmi Architects

Major Residential Expansion by Morris Adjmi Revealed at 959 Sterling Place in Crown Heights, Brooklyn

7:30 am on October 18, 2020 By Sebastian Morris

The Landmarks Preservation Commission (LPC) will soon review proposals from Morris Adjmi Architects and Hope Street Capital to construct a seven-story residential building behind a historic church at 959 Sterling Place in Crown Heights, Brooklyn. Known today as the Hebron Seventh Day Adventist School, the structure was originally completed in 1889 and designated a New York City landmark in 2011.

Construction Wraps Up on 98 Front Street in DUMBO, Brooklyn

8:00 am on July 18, 2020 By Michael Young

Exterior work is wrapping up on 98 Front Street, a ten-story residential building in DUMBO, Brooklyn. Designed by ODA, the reinforced concrete structure features the firm’s signature irregular cubic massing and will contain condominiums with 100 distinct layouts. Hope Street Capital is in charge of sales for the units, which range from studios to four-bedroom homes and start at $670,000.

ODA’s Cubic Condominium Building at 98 Front Street in DUMBO, Brooklyn Nears Completion

7:30 am on August 12, 2019 By Michael Young

Construction is moving along at 98 Front Street in DUMBO, Brooklyn. The ten-story residential project is designed by ODA and will feature a range of condominium units from studios to four-bedroom homes with over 100 distinct layouts, starting at $670,000. New York-based real estate investment group Hope Street Capital launched sales last month.

Rendering of 98 Front Street (Photo: Craft)

Hope Street Capital Debuts New Condominium Project At 98 Front Street In DUMBO, Brooklyn

7:00 am on July 16, 2019 By Sebastian Morris

New York City-based real estate investment group Hope Street Capital has officially launched sales for 98 Front Street, a new ten-story condominium development in DUMBO, Brooklyn. With pricing starting at $670,000, residences range from studios to four-bedroom homes with over 100 distinct layouts.

Foundation Work and Concrete Pouring Underway at 80 Adams Street in Dumbo, Brooklyn

7:30 am on September 12, 2018 By Michael Young

A tipster’s photos of the impending 10-story residential project at 80 Adams Street in Dumbo, Brooklyn shows progress on the foundations, which are now being poured and laid with concrete and rebar. 165 units will occupy a site that previously featured a Jehovah’s Witness parking garage. The site was bought for around $60 million and is currently owned by Jeffrey Gershon of Hope Street Capital. ODA is the designer of the new building, which will eventually rise 120 feet above the streets below, and contain nearly 186,000 square feet of interior space. Triton Construction Company is the general contractor.

Permits Filed for 98 Front Street, 10-Story Residential Project Coming to Dumbo, Brooklyn

7:00 am on November 15, 2017 By Andrew Nelson

The first permits are up for a ten-story mixed-use building at 98 Front Street in Dumbo, Brooklyn. The site is two blocks from the York Street Subway Station, serviced by the F trains, and five blocks away from the High Street-Brooklyn Bridge Station, serviced by the A and C trains. This gives it quick access to Manhattan and Downtown Brooklyn. Hope Street Capital will be responsible for development.

Rendering of 906 Prospect Place, approved design.

New Developer Taking Over 19-Unit Project at 906 Prospect Place, Crown Heights

7:00 am on May 13, 2016 By Evan Bindelglass

In January, the Landmarks Preservation Commission approved plans for a new apartment building at 906 Prospect Place, between New York Avenue and Brooklyn Avenue in Brooklyn’s Crown Heights North Historic District II. That plan is going forward, but with a new developer.

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