East Flatbush

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.

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.

The affordable housing lottery has launched for 219 Lenox Road, a seven-story residential building in East Flatbush, Brooklyn. Developed by Joseph Lichtman under the 219 Lenox Realty LLC and designed by N.A. Design Studio, the structure yields 50 residences. Available on NYC Housing Connect are 15 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $98,915 to $165,230.