The Real Deal New York

EDC files plans for 255-unit Flatbush rental

The project at the Flatbush Caton Market will be "100% affordable" housing
By Will Parker | September 12, 2017 03:50PM

Rendering for Caton Flats at 2119 Caton Avenue in Flatbush

The New York City Economic Development Corporation filed construction plans Tuesday for a 255-unit rental development at 2119 Caton Avenue in Flatbush.

The plan for the entirely affordable housing development was approved by the City Council in April.

The permit application, submitted to the city’s Department of Buildings, calls for 193,000 square feet of residential space and an additional 30,000 square feet for commercial and community uses. The building will top out at 14 stories. The architect of record is Magnusson Architecture and Planning, which was also involved in designing the 305-unit Melrose Commons complex in the Bronx.

Affordable housing builder BRP Companies, as well as Urbane Development and the Caribbean American Chamber of Commerce and Industry, are co-developing 2119 Caton Avenue with EDC.

The scope of the project has expanded significantly since it was first floated in 2013, then with only 166 apartments proposed. The plans include a major overhaul of the Flatbush Caton Market at the site, which will be demolished, rebuilt and expanded in the EDC’s current development plan.

An EDC spokesperson told The Real Deal the project will be “100 percent affordable” and is expected to wrap construction in 2020. The spokesperson confirmed that there will be three levels of affordability: 22 percent for “low-income residents,” 30 percent for “moderate-income” residents and 48 percent for “middle-income” residents.