Residential



Housing Lottery Launches for 524 Ocean View Avenue in Brighton Beach, Brooklyn

The affordable housing lottery has launched for 524 Ocean View Avenue, a five-story residential building in Brighton Beach, Brooklyn. Designed by Zproekt and developed by Raymond Guindi, the structure yields 22 residences. Available on NYC Housing Connect are eight units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $63,429 to $167,570.

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Previous rendering of 840 Atlantic Avenue - IMC Architecture; Vanderbilt Atlantic Holdings, LLC

Permits Filed for Two-Tower Development at 840 Atlantic Avenue in Prospect Heights, Brooklyn

Permits have been filed for a two-tower, 17-story mixed-use building at 840 Atlantic Avenue in Prospect Heights, Brooklyn. Located between Atlantic Avenue and Pacific Street on Vanderbilt Avenue, the lot is near the 2, 3, 4, 5, N, Q, and R trains at the Atlantic Avenue-Barclays Center station, and the Long Island Railroad at Atlantic Terminal. Tom Li of Suzuki Capital is listed as the owner behind the applications. In September 2021, New York City Council approved proposals to construct a new 18-story mixed-use building, developed by Atlantic-Vanderbilt Holdings LLC and designed by IMC Architecture, with a mix of market-rate and income-restricted apartments, retail space, a community arts center, and a sub-grade parking garage.

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