Heritage Equity Partners and Rabsky Group’s big residential development is finally rising at 564 St. Johns Place, between Franklin and Classon Avenues in Crown Heights.
564 St Johns Place
Crown Heights has some of the fastest rising rents in all of Brooklyn. It’s gentrifying at a rate that merited two New York Times real estate section features in the last year, neither of which could resist mentioning riots that occurred 24 years ago. At the same time, new development is sweeping across the area, concentrated at the western edge between Washington and Nostrand Avenues.