Rabsky Group is working on large, controversial projects in South Williamsburg, Bushwick, Crown Heights, and Long Island City. Now the secretive developer is taking aim at neighborhoods south of Prospect Park. They’ve filed plans for a seven-story apartment building at 830 Flatbush Avenue, near the corner of Linden Boulevard in Flatbush.
Albany still hasn’t resurrected the 421-a tax exemption program, and developers of big affordable housing projects have become tired of waiting for a tax break that may not return. Now Procida Companies is pushing forward with one of those developments, a 300-unit affordable housing complex at 96 New Lots Avenue in Brownsville.
New building applications for single and multi-family residential developments in New York City saw a major slowdown in 2016, as the fading boom following the changes that occurred at the Department of Buildings in 2014 began to slack further. Numbers have plunged by over half since 2014, and by 38 percent since 2015. The full report with spreadsheets covering every new building application is available at the research store.
The Bronx is full of affordable and senior housing, but one non-profit is planning the city’s first affordable development for lesbian, gay, bisexual and transgender seniors in Tremont. Plans were filed last month for the seven-story facility at 771 Crotona Park North, across from the huge park of the same name.
Back in 1974, developer Sheldon Solow built a 50-story office tower at 9 West 57th Street that featured a dramatic, sloping facade clad in dark glass. Now he plans to knock down a little office building next door at 7 West 57th Street, to make way for a 19-story residential building.