Construction is wrapping up on The Axel, a 30-story mixed-use building at 550 Clinton Avenue on the border of Clinton Hill and Prospect Heights, Brooklyn. Designed by Morris Adjmi Architects and developed by Hope Street Capital, the 280,000-square-foot tower yields 284 apartments and 60,000 square feet of retail space in the multi-story podium. Triumph Property Group is managing leasing for the apartments and JLL is in charge of leasing the commercial space at the property, which is bound by Atlantic Avenue to the south, Clinton Avenue to the east, and Vanderbilt Avenue to the west.
Construction is nearing completion on 532 Clinton Avenue, a seven-story residential building in Clinton Hill, Brooklyn. Designed by Afshari PC and developed by 532 Clinton LLC, which purchased the site for $6.5 million in 2019, the 80-foot-tall structure will yield 30,000 square feet with 14 units in one- to three-bedroom layouts. Avo Construction is the general contractor for the property, which is located between Fulton Street to the north and Vanderbilt Avenue to the south.
The affordable housing lottery has launched for 540 Waverly Avenue, a nine-story mixed-use building in Clinton Hill, Brooklyn. Designed by Kutnicki Bernstein Architects, the structure yields 135 residences and 52 parking spaces. Available on NYC Housing Connect are 41 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $41,315 to $187,330.
Permits have been filed to expand a one-story storage structure into a four-story residential building at 374 Classon Avenue in Clinton Hill, Brooklyn. Located between Greene Avenue and Clifton Place, the lot is two blocks from the Classon Avenue subway station, serviced by the G train. Arie Bar Chaim of Brooklyn AZ Inc. is listed as the owner behind the applications.
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.