Mixed-Use

Chestnut Commons

Plan for “Chestnut Commons” Affordable Housing Revealed in East New York

Plans have been announced for 274 affordable housing units as part of a project entitled Chestnut Commons, in East New York. A rezoning shift pushed by the East New York Neighborhood Plan is mostly responsible for the site’s potential. The building will be affordable to households earning up to $51,540, with more than 80 units for households earning up to $25,770, including a set-aside for formerly homeless families and individuals.

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950 55th Street

Permits Filed for 950 55th Street, Borough Park, Brooklyn

An anonymous LLC has filed permits for a six-story mixed-use building at 950 55th Street, in Borough Park, Brooklyn. The site is nine blocks away from the Fort Hamilton Parkway Subway station, serviced by the N, Q, and W trains. Slightly further away is the 55th Street station, serviced by the D train. The area has a vibrant Asian community, with dozens of busy restaurants and markets along the nearby 8th Avenue corridor.

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325 Gates Avenue

Permits Filed for 325 Gates Avenue, Bedford-Stuyvesant, Brooklyn

Permits have been filed for a six-story mixed-use building at 325 Gates Avenue, in Bedford-Stuyvesant, Brooklyn. The site is seven blocks away from the Bedford-Nostrand Avenue station serviced by the G train, and eight blocks away from the Franklin Avenue station, serviced by the A and C trains. It is nearby the Pratt Institute’s Brooklyn Campus, which could mean it will be marketed towards college students or recent graduates. Renaissance Realty Group is developing.

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