East New York

Permits Filed for 556 New Lots Avenue in East New York, Brooklyn

Permits have been filed for a six-story mixed-use building that will hold a charter school as well as commercial and community facility space at 556 New Lots Avenue in East New York‘s New Lots neighborhood. Located at the intersection of Van Siclen Avenue and New Lots Avenue, the corner lot is two blocks from the Van Siclen Avenue subway station, serviced by the 2 and 3 trains. Soly Bawabeh of Bermuda Realty is listed as the owner behind the applications.

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Brooklyn Borough President Eric Adams and 'The Fountains' project team celebrate the completion of construction- Photo by Gerri Hernandez

The Fountains Affordable Housing Complex Completes Construction in East New York, Brooklyn

Construction is now complete on The Fountains, a six-building affordable housing complex in East New York, Brooklyn. Developed by Long Island-based Arker Companies, which purchased the site for $10 million following a competitive request for proposal process facilitated by the Empire State Development Corporation, the development yields 1,163 affordable homes, commercial space, and a new public plaza.

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Rendering of the Nehemiah Spring Creek senior facility, courtesy of SLCE Architects

Affordable Housing Lottery Opens for 214 Apartments at Nehemiah Spring Creek, in East New York

The housing lottery is now open for Nehemiah Spring Creek, two separate residential developments in East New York, Brooklyn. Developed by Nehemiah Housing Development Fund Company, a non-profit housing affiliate for East Brooklyn Congregations in partnership with Monadnock Development, the buildings in this phase yield a total 214 rentals in a mix of studios, one-, two-, and three-bedroom units. Available on NYC Housing Connect are the 214 apartments for residents with an eligible income between $18,618 to $126,900, ranging from 30 to 90 percent of the Area Median Income (AMI). The structures are part of a 45-acre development plan that brings a mix of retail, affordable apartment rentals, and townhouse home ownership.

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