Towards the end of last summer, foundation work was underway for a six-story, 79-unit affordable residential building at 1700 Broadway, in Ocean Hill, a block from the Chauncey Street stop on the J and C trains. Now, the structure is five stories above street level, per Brownstoner, and another six-story, 55-unit affordable building by the same developers is four stories up a block to the north, at 1676 Broadway. All units will be rented at well below-market rates and 7,200 square feet of ground-floor retail space is planned. Services for the Underserved and Alembic Community Development are developing, while Peter Woll is the architect. Completion is expected in early 2016.
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