The Real Deal Logo

search

Trending

Fannie Mae says it suffered losses from commercial mortgage fraudFannie Mae says it suffered losses from commercial mortgage fraudBeacon Capital hit with $372M foreclosure for office skyscraperBeacon Capital hit with $372M foreclosure for office skyscraperArbor Realty takes back more assets as loan mods slow, delinquencies persistArbor Realty takes back more assets as loan mods slow, delinquencies persistBriar Capital snags Logan Square high-rise for $172MBriar Capital snags Logan Square high-rise for $172M
New York

Fort Greene and Clinton Hill’s affordable housing boom

New data shows 232 affordable units in the neighborhoods this year

From left: BAM South at 286 Ashland Place, and 551 Waverly Street with Beigel's challah
From left: BAM South at 286 Ashland Place, and 551 Waverly Street with Beigel's challah

Mayor Bill de Blasio’s affordable housing push continues to mark modest victories.

A total of 232 affordable units are going up this year in seven new buildings, mostly on city land, Along Fulton Street and Myrtle Avenue in Fort Greene and Clinton Hill. The buildings will also house market-rate rentals, DNAinfo reported.

Sign Up for the undefined Newsletter

A 191-unit building, including 38 affordable units, is going up at the site of Beigel’s Bakery at 551 Waverly Street. Construction there hasn’t yet begun.

At 882 Fulton Street, a planned seven-story building will house eight affordable units. John Catsimatidis’ 166 Myrtle Avenue will be home to 29 affordable units, and Two Tree’s 32-story, 384-unit building at 286 Ashland Place will hold 77 affordable units. [DNAinfo] – Ariel Stulberg

 

Tags
Affordable HousingClinton Hill
Recommended For You