Read Property Group, developer of the massive Bushwick mega-project Rheingold Brewery — it encompasses at least 10 city blocks — has sold part of the site to another developer, named Joel Goldman. The sale has not yet hit public records, but Read told local Council Member Antonio Reynoso and community development watchdog group Rheingold Construction Committee about the sale, City Limits reported.

It’s business as usual for developers to resell or flip development sites. But Reynoso and community organizers are worried Goldman and another developer, Rabsky — which also bought part of the site last year, for $53,000,000 — won’t honor the promises Read made to build affordable housing on the site in exchange for a 2013 rezoning. (more…)

Affordable Housing Fort Greene

City Planning is holding a public information session in Clinton Hill Monday, at the request of locals, to let people know about Mayor de Blasio’s plans for zoning and affordable housing. The formal public review process for the three proposals that comprise the plan kicked off Monday.

Two of the proposals, mandatory inclusionary housing and a text change amendment of the zoning code, will affect every neighborhood in the city, and require consideration of all community boards. The first requires developers to include 25 to 30 percent affordable housing in exchange for a rezoning. The second would allow slight increases in height and density in certain areas to facilitate senior affordable housing. (more…)

BAM North Site II

Brooklyn Borough President Eric Adams and other local pols held a ceremonial groundbreaking Tuesday to kick off construction at 15 Lafayette Avenue in Fort Greene. The long-in-the-works project is also known as BAM North Site II and the Brooklyn Cultural District Apartments (BCD:A).

The mixed-use, mixed-income building will include both residential units and cultural space. The 109 apartments, 40 percent affordable and 60 percent market rate, will sit atop 21,400 square feet of cultural space, which will house The Center for Fiction and Mark Morris Dance Group, among others.


Gentrification East New York

Following the release Monday of a 13-page report critiquing Mayor de Blasio’s East New York rezoning plan, local coalition Real Affordablility for All held a rally in Downtown Brooklyn — a “hyper-gentrified” neighborhood, according to the organization’s press release.

After the rally, Real Affordability members and leaders headed to Lower Manhattan, where they disrupted the City Planning Commission’s hearing regarding the the rezoning process for East New York. The event’s timing purposefully coincided with today’s beginning of the public review process for the rezoning of East New York.


East New York Rezoning

Real Affordability for All — a low-income advocacy group and de Blasio ally — has released a new report critiquing the mayor’s rezoning and affordable housing plan (PDF) for East New York. The 13-page report asserts that de Blasio’s plan fails to address job inequality and will not assist East New York’s neediest residents, but will in fact lead to the “whitening” and further displacement of the neighborhood.

Made of a coalition of close to 50 tenant groups and community organizations, Real Affordability for All suggests that de Blasio’s rezoning plans incentivize developers to promote gentrification in East New York. Thus, the group believes, de Blasio’s mandatory inclusionary zoning plans will “fail to address the affordability crisis,” doing more harm than good in neighborhoods like East New York.


Bedford Avenue Affordable Housing

Applications have opened for 19 subsidized rental apartments at a new affordable housing development in Williamsburg, at 223 N. 8th Street. The mixed-rate building will include such amenities as a credit-card-operated laundry, gym and rooftop garden.

The building will have 75 units total, making for a typical 80/20 split between market-rate and affordable units. The building is 71,619 square feet and was bought for $13,500,000 in December of 2012.


60 Clarkson Evictions

Conditions at a privately owned apartment building offering emergency housing to homeless families in Prospect Lefferts Gardens have been deplorable for years. Nonetheless, families living at 60 Clarkson Avenue were alarmed to receive eviction notices from the landlord in July. After a flurry of media attention, the evictions were stayed, but now they’re coming again.

Some 15 families Monday received eviction notices not from the landlord, but from the Department of Homeless Services, according to Gothamist.


NYC Landmarked Neighborhoods: Are They Harming Rent Stabilization

Preservationists have long lobbied for landmarks protections not only to preserve the city’s culture and architecture, but also its affordable housing. They argue that without landmarks, many rent-stabilized buildings would be torn down for market rate developments.

But the Real Estate Board of New York — a real estate industry trade association — released a report on Monday that says landmarked neighborhoods in the city lost rent-regulated apartments at four times the rate of non-landmarked neighborhoods. REBNY argues that landmarking an area makes it the opposite of affordable.

Already taking sides? Check out the details for yourself.


Affordable Housing NYC Boerum Hill Tenants Fear Market Rate Units Brooklyn

Tenants of Wyckoff Gardens reacted negatively to the city’s announcement last week of plans to build a new half-market-rate, half-affordable apartment building on two parking lots at the Boerum Hill project, reported the Daily News. Though tenants received a prerecorded call from NYCHA Chairwoman Shola Olatoye on Wednesday evening in advance of the official announcement, Wyckoff residents felt that the call left out some salient details.

The recording did not explain that a new apartment tower would soon rise on Wyckoff grounds, or that the building would contain roughly 300 market-rate units and an equal number of affordable ones. Tenants learned the details of the development from the media and drew their own conclusions.

“How are you going to have people here paying $200, $300 rent, then you’ve got tenants in a brand new building paying $1,500, $2,000?” one Wyckoff Gardens resident told the Daily News. “I think they’re trying to force us out.”



Last year, Mayor de Blasio spoke in general terms of plans to change zoning rules to create more affordable housing in Brooklyn and beyond. Monday, the exact wording of these three proposals will be revealed, and Brooklynites will have the chance to comment on them.

At issue is the character of Brooklyn’s neighborhoods and the future of East New York — and, of course, the building of more affordable housing by private developers.

On Monday, City Planning will “certify” the proposals, which are complex and have many parts, kicking off the official and formal public review process known as ULURP, or Uniform Land Use Review Procedure.

The mayor is asking for three zoning-related changes: (more…)


Increased inventory and luxury rentals lingering on the market have caused a handful of Brooklyn developers and others to warn of a possible coming housing glut in Brooklyn. “Scores” of glassy towers are “opening, topping out or breaking ground” in north Brooklyn, from Downtown to Williamsburg, The Wall Street Journal reported.

This year 2,655 units are expected to come to the market. By 2016, the peak of 3,282 in 2008 is expected to be exceeded, with 4,990 units projected to launch, according to the story.

In the next five years, 21,822 new units are expected to be delivered, more than double the 10,052 new units built in the five years prior, according to the story. (more…)

NYCHA Development Wyckoff Gardens

Boerum Hill’s public housing project Wyckoff Gardens will eventually have market-rate rentals, city officials said Wednesday. The de Blasio administration has selected NYCHA land at 3rd Avenue and Wyckoff Street as the site of the Mayor’s experimental building model that would be half market-rate and half affordable housing, reported Capital New York.

A part of the Mayor’s controversial infill housing plan for NYCHA, the development will be built on public land leased to a private developer. NYCHA plans a 550- to 650-unit building for the site, which, according to NYCHA, has 5.1 acres of underused space — roughly equivalent to seven football fields.

Two other Brooklyn NYCHA sites — the Ingersoll Houses in Fort Greene and the Van Dyke Houses in Brownsville — are also slated to get infill construction, as we have reported. But where the new buildings at Ingersoll Houses and Van Dyke Houses will be 100 percent affordable housing, only 50 percent of the units at Wyckoff Gardens will be.