Construction is moving along in the next phase of the massive Navy Green mixed income housing development. It looks like five or six stories out of 12 have gone up so far at this condo building at 8 Vanderbilt Avenue at the corner of Flushing Avenue. It will have 98 income-restricted and market rate condominium units available. The bulk of the units, 74 of them, will be sold at prices affordable to moderate and middle income households. The rest, 24, will be sold at market rates. It will also have 1,600 square feet of retail space facing Flushing Avenue. Next to the building on Vanderbilt, 23 market rate townhouses are planned as well.
The Navy Green development is a block-sized mixed income residential (both rental and condo) and retail complex that has been in the works for over a decade and has cost over $85,200,000 in city and state funds. The first tenants moved into their income-restricted rental units at 45 Clermont Avenue in December of 2012. The project takes up the entire block between Park Avenue and Flushing Avenue Clermont Avenue and Vanderbilt Avenue. When it’s complete, Navy Green will have 400,000 square feet of residential space.
Navy Green Developers File Permits for Townhouses Near Navy Yard [Brownstoner]
City, Developers Cut Ribbon at Navy Green Development in Ft. Greene [Brownstoner]
Developers Receive an Award for Navy Green Project [Brownstoner] GMAP