Community Board 3 has voted against Riverside Developer USA’s plans for two residential buildings, proposed to contain a total of 296 apartments, at 376 Flushing Avenue and 43 Franklin Avenue, in the northwestern corner of Bedford-Stuyvesant. The building on Flushing would rise eight stories and measure 176,671 square feet, while the one on Franklin would rise six stories and measure 126,839 square feet. Thirty percent, or 88 apartments, are set to rent at below-market rates through the housing lottery to families making 80 percent of the area median income, or AMI.
Concerned over affordability, the Board suggested renting 25 percent of the total units at below-market rates to families making 60 percent AMI, DNAinfo reported. There were also concerns over ensuring that local residents have priority to the housing. CB3’s vote is merely a recommendation, and the project will move to the next step of the city’s Uniform Land Use Review Procedure (ULURP), which is a hearing at the Brooklyn Borough President’s office scheduled on December 20.
The assemblage at 376 Flushing Avenue is occupied by a multiple low-rise commercial buildings, including the Rose Castle event venue. The site at 43 Franklin Avenue is vacant.