Vital Brooklyn Initiative

Render of Utica Crescent Apartments, by Bernheimer Architecture

Developers Secure $256 Million for Utica Crescent Affordable Apartments In East Flatbush, Brooklyn

7:30 am on December 30, 2023 By Max Gillespie

Monadnock Development, CB Emmanuel Realty, and Equity Developers have announced the closing of a $256 million financing deal for the Utica Crescent Apartments project in East Flatbush, Brooklyn. This development, part of New York State’s Division of Housing and Community Renewal Vital Brooklyn Initiative, is set to transform an underutilized parking lot at 832 Rutland Road into a hub that offers affordable housing and commercial spaces and community spaces.

Read More
Render of Clarkson Estates, courtesy of New York State

Construction Begins on Clarkson Estates Affordable Housing Project at 329 Clarskson Avenue in Flatbush, Brooklyn

7:30 am on December 7, 2023 By Max Gillespie

On Tuesday, Governor Kathy Hochul announced the commencement of construction on Clarkson Estates, a nine-story affordable housing project at 329 Clarkson Avenue in Flatbush, Brooklyn. Developed by Empire State Development, the structure will yield 328 apartments, including 164 supportive units for the formerly homeless, as well as a 30,000-square-foot community facility and 80 rentable parking spaces. The project is a part of the state’s Vital Brooklyn initiative, which seeks to address social, economic, and health disparities in Brooklyn.

Read More
Aerial view of Vital Brookdale

Vital Brookdale Affordable Housing Complex Now Complete at 535 East 98th Street in Brownsville, Brooklyn

7:30 am on December 1, 2022 By Sebastian Morris

Construction is complete on Vital Brookdale, a 160-unit affordable and supportive housing development at 535 East 98th Street in Brownsville, Brooklyn. The development team for Vital Brookdale includes Smith & Henzy Affordable Group and The New York Foundling, a non-profit agency founded in 1869 that provides foster care, mental health services, educational programs, and a litany of community support services across the New York City region.

Read More
Fetching more...