Permits have been filed for a seven-story residential building at 625 New York Avenue in Prospect Lefferts Gardens, Brooklyn. Located between Rutland Road and Fenimore Street, the lot is near the Winthrop Street subway station, serviced by the 2 and 5 trains. Nigel Boyden of Crox Dale Real Estate is listed as the owner behind the applications.
Construction is now underway at 88 Throop Avenue, the first of five affordable housing developments planned for the Broadway Triangle neighborhood in Brooklyn. Located at the convergence of Williamsburg, Bushwick, and Bedford-Stuyvesant, the 140-unit property will debut as Throop Corners.
The affordable housing lottery has launched for 2817 Atlantic Avenue, a 14-story mixed-use building in East New York, Brooklyn. Designed by Peter Pizzimenti and developed by Joel Schwartz under the 2815 Atlantic Holding LLC, the structure yields 68 residences. Available on NYC Housing Connect are 14 units for residents at 40 to 60 percent of the area median income (AMI), ranging in eligible income from $33,875 to $86,460.
JLL Capital Markets has arranged a $142 million construction loan to finance the completion of Majestic, a 12-story mixed-use building at 540 DeGraw Street in Gowanus, Brooklyn. Designed by Handel Architects and developed by Domain Companies, the Urban Investment Group within Goldman Sachs Asset Management, Vorea Group and Mega Development, the building will yield 18,000 square feet of commercial space and 255 rental units. A total 25 percent of the units will be designated for affordable housing. Future Green Studio is the landscape designer for the property, which is located between Nevins Street and 3rd Avenue.
Permits have been filed for a five-story mixed-use building at 434 Blake Avenue in Brownsville, Brooklyn. Located between Powell Street and Junius Street, the lot is near the Sutter Avenue subway station, serviced by the L train. Monsur Rahman of Win USA Properties LLC is listed as the owner behind the applications.
