Construction is moving along at the eight-story, 87 unit apartment building at 33 Lincoln Road in Prospect Lefferts Gardens. The site is a long L-shaped lot that abuts the B/Q/S tracks and faces both Lincoln Road and Flatbush Avenue. The image above is from the Flatbush side of the development where foundation work is under way.
The building is being developed by Anderson Associates and had faced delays because of issues with obtaining financing through the city Housing Development Corporation’s New Opportunities Program. Now it is being funded by private investment. However 20 percent of the units will still be set aside for those making a maximum of 60 percent of the area median income.
Construction should be complete by April of 2015. Construction is expected to wrap in fall 2015, according to the sign on the construction fence. Click through for a rendering and more images.
New Round of Permits Issued for PLG Affordable Build [Brownstoner]
PLG Affordable Build is Waiting for Funding [Brownstoner]
Work in Progress on Lincoln Road in Prospect Lefferts Gardens [Curbed] GMAP (more…)