Brooklyn


Housing Lottery Launches for 420 Gates Avenue in Bedford Stuyvesant, Brooklyn

The affordable housing lottery has launched for 420 Gates Avenue in Bedford-Stuyvesant, Brooklyn. Designed by Z Architecture and developed by Tower Real Estate Investments, the six-story mixed-use building yields 44 residential units. Available on NYC Housing Connect are 14 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $68,229 to $167,570.

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540 Waverly Avenue Tops Out in Clinton Hill, Brooklyn

Construction has topped out on 540 Waverly Avenue, a nine-story mixed-use building in Clinton Hill, Brooklyn. Designed by Kutnicki Bernstein Architects and developed by The Daten Group, the 117,000-square-foot structure will yield 135 rental apartments spread across 91,000 square feet, including 40 units reserved for affordable housing, as well 6,000 square feet of ground-floor retail and a 56-vehicle parking garage. The property is located at the corner of Atlantic and Waverly Avenues.

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532 Clinton Avenue Tops Out in Clinton Hill, Brooklyn

Construction has topped out on 532 Clinton Avenue, a seven-story residential building in Clinton Hill, Brooklyn. Designed by Afshari PC and developed by 532 Clinton LLC, the 80-foot-tall reinforced concrete superstructure will yield 30,000 square feet and 12 units, for an average of 1,695 square feet apiece. The residential program includes ten three-bedroom, two-bathroom units and two two-bedroom, two-bathroom units. The developer purchased the 6,6780-square-foot plot for $6.5 million in 2019 and excavation and construction gradually progressed on the building starting last summer.

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