Construction is now topped out at 651 Fourth Avenue, an 11-story mixed-use building in South Slope, Brooklyn. Designed by INOA Architecture for New Leaf Development, the building’s cellar and ground floors will contain a small retail volume with 26 apartments and amenity spaces above.
Permits have been filed for a four-story residential building at 265 20th Street in South Slope, Brooklyn. Located between 5th and 6th Avenues, the lot is near the Prospect Avenue subway station, serviced by the R train. Keivan Farhadian is listed as the owner behind the applications.
The affordable housing lottery has launched for 187 20th Street, a five-story residential building in South Slope, Brooklyn. Designed by Sandor Weiss of Gelu Durus Musica and developed by Hershel Spitz in 2005, the structure yields eight residences. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $103,475 to $156,130.
Permits have been filed for a nine-story mixed-use building at 183 20th Street in South Slope, Brooklyn. Located between 4th Avenue and 5th Avenue, the lot is four blocks south of the Prospect Avenue subway station, serviced by the R train. John Russo under the 651 4th Avenue LLC is listed as the owner behind the applications.
Heritage Equity Partners recently secured $53 million in construction financing to build a new multifamily rental property in Sunset Park, Brooklyn. The property is located at 875 4th Avenue in an area colloquially referred to as South Slope and will yield 150 units.
