FCR Starting Work on First Atlantic Yards Residential Building This Year?
Perhaps, according to The Real Deal, which brings more news from yesterday’s Brooklyn Real Estate Roundtable: “The first residential building on the site will be a 50-30-20 project, said [MaryAnne Gilmartin, executive vice president of commercial development and leasing at Forest City Ratner Companies], meaning 20 percent of the apartments will be reserved for low-income…
Perhaps, according to The Real Deal, which brings more news from yesterday’s Brooklyn Real Estate Roundtable: “The first residential building on the site will be a 50-30-20 project, said [MaryAnne Gilmartin, executive vice president of commercial development and leasing at Forest City Ratner Companies], meaning 20 percent of the apartments will be reserved for low-income tenants, 30 percent for middle-income tenants and the rest for market-rate renters. She said Forest City Ratner hopes to begin construction this year.”
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