Development Watch: Catsimatidis Puts Up a Big Fence
It’s Go Time for John Catsimatidis’s massive development project on Myrtle Avenue. After months of inactivity while final plans and approvals were put in place, the work site was christened with its plywood fence earlier this week, and this morning there were mechanical diggers in use. Remember, folks, we’re talking over 1,000 apartments here, half…

It’s Go Time for John Catsimatidis’s massive development project on Myrtle Avenue. After months of inactivity while final plans and approvals were put in place, the work site was christened with its plywood fence earlier this week, and this morning there were mechanical diggers in use. Remember, folks, we’re talking over 1,000 apartments here, half of which will be lower- and middle-income.
Catsimatidis on Myrtle Revealed [Brownstoner] GMAP
Duane Reade to Anchor Catsimatidis Complex on Myrtle [Brownstoner]
Myrtle and Flatbush Building Boom, From Above [Brownstoner]
You know, I hardly ever play the troll, but that was kind of fun. — 2:48.
“Crappy section of the hood” He did not refer to a block but that thank you for clarifying for 1:32. I guess it was an oversight especially since they were so busy correcting my spelling….we can’t all be as perfect.
I think the commenter meant that that strip was pretty crappy. It’s a long block of single story taxpayers, parking lots, etc. It’s crappy. I live on a crappy block of a nice neighborhood myself, and I’d be happy if some of the crappy aspects went away. But I know that just because I live on a crappy block, it doesn’t mean I’m a crappy person.
I think development in this area is good but I wouldn’t necessarily call it crappy. I like the fact that the streets are not over crowded with people, its very peaceful. If I want to be around a lot of people and stores I walk to Flatbush, Fulton or straight up Myrtle…..I guess we will all learn to adapt.
but to the people that have lived in the immediate vicinity since the just-ice days of the fort, you’re not anti this type of development, right? i’m a bk native, but not from that spot, so maybe my perspective isn’t fully informed, but i think it’s a good thing overall. there are short-term negatives, but in the long-run i think it is a net good.
2:48 The only response to the crappy neighborhood comment is to talk about someones grammar…oh maturity is a beautiful thing.
So you can see we clearly don’t want you here transplant trans plant trans p lan t LOL!
2:38/2:39: You’re right. Your verbal skills and the grammar used by 1:32 make it plain who is from here and who is a transplant.
What it really means:
30 percent of the units at 165 percent of area median income ($56,795*1.65 = $93,712 for a family of four)
20 percent of the units at 50 percent of area median income ($56,795*0.50 = $28,398 for a family of four)