The affordable housing lottery has launched for 36 India Street, a six-story residential building in Greenpoint, Brooklyn. Developed by Navistone Development, the structure yields 53 residences. Available on NYC Housing Connect are 16 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $131,898 to $227,500.
Materials science R&D company Radical AI has announced plans to establish its new headquarters and fully autonomous research facility at the Brooklyn Navy Yard. The company plans to renovate and repurpose space in Building 20 to create a $4 million lab capable of conducting up to 100 AI-driven experiments daily. Funding for construction includes up to $2 million in performance-based tax credits through the Empire State Development (ESD) Excelsior Jobs Program.
Permits have been filed for an eight-story mixed-use building at 717 Myrtle Avenue in Bedford-Stuyvesant, Brooklyn. Located near the intersection of Walworth Street and Myrtle Avenue, the lot is within walking distance of the Myrtle-Willoughby Avenues subway station, served by the G train. Shloma Stuhl of Zev Zafir Inc. is listed as the owner behind the applications.
Permits have been filed for an eight-story residential building at 25 Marcus Garvey Boulevard in Bedford-Stuyvesant, Brooklyn. Located between Park Avenue and Ellery Street, the lot is one block south of the Flushing Avenue subway station, served by the J and M trains. Yitzchok Schwartz of YS Developers LLC is listed as the owner behind the applications.
A rendering has been revealed for 918 Atlantic Avenue, a proposed 16-story residential building on the border of Crown Heights and Prospect Heights, Brooklyn. Designed by Fogarty Finger and developed by EMP Capital Group, the 184-foot-tall structure is planned to span 71,572 square feet and yield 99 rental units with an average scope of 722 square feet. The project would also include 3,132 square feet of commercial space, a cellar, and two rooftop terraces. The property is alternately addressed as 563 Washington Avenue and located by the intersection of Atlantic and Washington Avenues.
