Ocean Hill, the triangular neighborhood just west of Broadway Junction in Brooklyn, has become the final frontier for developers priced out of Bed-Stuy and Crown Heights. Builders pick up decrepit row houses or empty lots in the area, and put up rentals that are generally cheaper than Stuyvesant Heights to the west.
A one-unit, five-story residential building is nearing completion at 995 Washington Avenue in the southwest corner of the Crown Heights neighborhood in Brooklyn.
Property owner Thomas Mulzac, doing business as a Brooklyn-based LLC, has filed applications for two four-story, multi-unit residential buildings at 766-768 Macon Street, in Ocean Hill, located three blocks from the Halsey Street stop on the J train. Each one will measure 4,983 square feet each, although one will contain four units and the other will have five units. Across the entire development, units will average 1,107 square feet apiece, which means both rentals or condos may be in the works. Michael McCaw’s Brooklyn-based McCaw Michael Ivanhoe Architect is the architect of record.
Boaz Gilad’s Brookland Capital is developing projects from Williamsburg to Flatbush, but now they’re venturing out to the edge of gentrified Brooklyn with a six-story development in Ocean Hill, in eastern Bed-Stuy. New building applications surfaced earlier today for the building at 15 Somers Street, right next to Fulton Street and the Rockaway Avenue stop on the C train.
Towards the end of last summer, foundation work was underway for a six-story, 79-unit affordable residential building at 1700 Broadway, in Ocean Hill, a block from the Chauncey Street stop on the J and C trains. Now, the structure is five stories above street level, per Brownstoner, and another six-story, 55-unit affordable building by the same developers is four stories up a block to the north, at 1676 Broadway. All units will be rented at well below-market rates and 7,200 square feet of ground-floor retail space is planned. Services for the Underserved and Alembic Community Development are developing, while Peter Woll is the architect. Completion is expected in early 2016.