Prep work has commenced on a co-op the Fifth Avenue Committee is constructing at the intersection of Atlantic and South Portland avenues. As we discussed back in June, the housing authority plans to erect a 10-story building on a vacant lot that’s a few hundred feet away from the nucleus of Atlantic Yards. On a recent walk-by we noticed that workers have started clearing the space in advance of heavy lifting. The co-op is slated to have 80 units, some of which will be affordable to low- and middle-income residents, and some of which will be market rate. Thoughts on how this’ll play when it’s facing Miss Brooklyn?
Mixed-Rate Building Next to Atlantic Yards [Brownstoner] GMAP