The affordable housing lottery has launched for 340 Lenox Road, a 12-story residential building in East Flatbush, Brooklyn. Designed by AB Architekten and developed by Joseph Roubeni of Lenox Investors LLC, the structure yields 46 residences. Available on NYC Housing Connect are 14 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $64,183 to $165,230.
Permits have been filed for a 12-story residential building at 340 Lenox Road in East Flatbush, Brooklyn. Located between New York and Nostrand Avenues, the lot is three blocks from the Church Avenue subway station, serviced by the 2 and 5 trains. Joseph Roubeni of Lenox Investors LLC is listed as the owner behind the applications.
Permits have been filed for a six-story mixed-use building at 112 Fourth Avenue in Boerum Hill, Brooklyn. Located between Warren Street and Baltic Street, the lot is four blocks north of the Atlantic Avenue-Barclay Center subway station, serviced by the B, D, N, Q, R, 2, 3, 4, and 5 trains. Kevin Britt is listed as the owner behind the applications.
Back in December of 2014, Brownstoner revealed renderings of the planned five-story, 27-unit mixed-use building at 533 Myrtle Avenue (a.k.a. 531 Myrtle Avenue), in Clinton Hill. Now, the project has topped out and curtain wall installation is underway, according to the Myrtle Avenue Brooklyn Partnership. There will be 5,868 square feet of commercial-retail space on the ground and cellar levels. The residential units will begin on the second floor and should average 684 square feet apiece, indicative of rental apartments. Amenities include bike storage space, a fitness center, a refuse room, and a 982 square-foot rooftop terrace. Greystone Property Development is the developer and AB Architekten is behind the design. Completion can probably be expected later this year.
The two short blocks between Atlantic Avenue and Fulton Street in Bedford-Stuyvesant were once considered undesirable for residential development, because they’re sandwiched between two bustling commercial thoroughfares and two noisy train lines—the elevated Long Island Railroad along Atlantic and the A and C subways rumbling just below Fulton Street. They were transitional, slightly industrial, and the victims of urban renewal schemes. But now developers priced out of the more desirable parts of Bed-Stuy and Crown Heights are looking here, and noticing the benefits of brownstone blocks so close to the train. One such builder filed plans for a five-story residential project at 32 New York Avenue, between Herkimer Street and Atlantic Avenue.
