When YIMBY stopped by the Prospect Plaza affordable housing development in Ocean Hill earlier this summer, the first two buildings were inching toward completion on Prospect Place between Howard and Saratoga Avenues. Across the street, foundation work on Phase 2 had just begun. Now new building applications have been filed for the third and final piece of the project at 1845 Sterling Place, a large, vacant corner lot next to Eastern Parkway.
Foundation work is currently underway at 1700 Broadway, in Ocean Hill, where a six-story, 79-unit mixed-use building is planned, a block from the J/Z train’s stop at Chauncey Street. According to Brownstoner, the building — being developed by SUS and Alembic Community Development — will be 100% affordable, and will feature 4,500 square feet of ground-floor retail space. Peter Woll is the architect of record, and completion is expected in 2016.
As the clock ticks down to the start of the city’s East New York rezoning process in the fall, YIMBY has noticed an uptick in market-rate filings on the soon-to-be-valuable real estate around Broadway Junction. And now plans are in the works for three small apartment buildings at 62-68 Somers Street, just beyond the western patch of Ocean Hill that’s about to be rezoned.
In the borderlands between East New York, Brownsville and Ocean Hill, one developer is planning supportive housing on an industrial block that the city plans to rezone for residential. New building applications were filed today for a six-story development at 2414a Atlantic Avenue, between Sackman Street and East New York Avenue.
Abe Leser’s Mapleton Group has acquired the two-story, 115,000 square-foot commercial building at 2440 Fulton Street, in Ocean Hill — within walking distance of Broadway Junction and LIRR’s East New York station — for $33 million. The property has 40,000 square feet of available air rights, but could accommodate a new commercial building of 155,000 square feet if demolished. Plans for the site have not yet been disclosed, according to The Real Deal.