New York City Mayor Eric Adams has announced the award of nearly $30 million in federal funding for safety improvements along Queens Boulevard in East Flatbush, Brooklyn. This grant, part of the “Safe Streets and Roads for All” program, will be funded through the approximately $1 billion in federal infrastructure funding that has been secured under the Adams administration.
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.
Permits have been filed to expand a three-story structure into a four-story residential building at 1734 Nostrand Avenue in East Flatbush, Brooklyn. Located between Clarendon Road and Cortelyou Road, the lot is one block south of the Beverly Road subway station, serviced by the 2 and 5 trains. Yosef Eliav is listed as the owner behind the applications.
The affordable housing lottery has launched for 318-322 East 32nd Street, a four-story residential building in East Flatbush, Brooklyn. Designed by Sander Williams Architect, the structure yields six residences. Available on NYC Housing Connect are four units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $68,400 to $227,630.
Permits have been filed for a seven-story residential building at 1629 Brooklyn Avenue in East Flatbush, Brooklyn. Located between Glenwood Road and Avenue H, the lot is in walking distance of the Flatbush Avenue-Brooklyn College subway station, serviced by the 2 train. Jacob Leifer of Sty is listed as the owner behind the applications.
