StudiosC

550 Prospect Place in Crown Heights, Brooklyn. All images courtesy of NYC Housing Connect

Affordable Housing Lottery Launches for 550 Prospect Place in Crown Heights, Brooklyn

The affordable housing lottery has launched for 550 Prospect Place, a seven-story residential building in Crown Heights, Brooklyn. Designed by IMC Architecture with interiors by StudiosC and developed by Cavu Property Group, the structure yields 45,119 square feet and 41 units. Available on NYC Housing Connect are 13 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $63,395 to $167,570.

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1875 Atlantic Avenue

Reveal For Nine-Story, 118-Unit Residential Building Planned at 1875 Atlantic Avenue, Bedford-Stuyvesant

Back in February of 2015, YIMBY reported on applications for a nine-story, 118-unit residential building at 1875 Atlantic Avenue, in eastern Bedford-Stuyvesant, located three blocks from the Ralph Avenue stop on the C train. Renderings of the 79,446-square-foot project have now been revealed by DNAinfo. The residential units should average 673 square feet apiece, which means rental apartments are in the works. Amenities include a 59-car garage on the ground floor, storage for 59 bikes, a laundry, and three separate recreational areas located on the ground, eighth, and nine floors. StudiosC is designing the project, while Brooklyn-based Julien Flander is serving as the applicant of record. Velocity Framers USA Inc. is the developer and completion is expected in early 2017. The site’s former single-story warehouse was demolished in early 2015.


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