The building’s existence is part of a controversial plan to lease NYCHA land to developers in exchange for cash to make repairs and build more apartments.
The building stands on NYCHA land occupied by the Raymond V. Ingersoll Houses, across from the northwest corner of Fort Greene Park.
The developers of the Bedford-Union Armory in Crown Heights have filed plans for a second rental building at the site.
After years of controversy, the New York City Economic Development Corp. Tuesday filed plans to redevelop the Bedford Union Armory in Crown Heights with a higher proportion of affordable housing than previous plans.
Community nonprofit Local Development Corporation of Crown Heights will help with an affordable housing fund and a community advisory committee.
The New York Economic Development Corporation Thursday released renderings of the future Bedford-Union Armory transformation and announced that BFC Partners and Slate Property Group will jointly develop the project.
As if yesterday’s news that Downtown Brooklyn’s City Point project had landed an anchor tenant in Century 21 wasn’t big enough, today the Eagle brings word about the development partners that Acadia Realty Trust and Washington Square Partners have brought on for the second phase of the project: BFC Partners (Toren and, with Mr. B, 1000 Dean Street) will partner in the development of the first tower, “which will contain approximately 250 mixed-income rental units in a 50-30-20 arrangement of market-rate-middle income-low income units.” Meanwhile, the Brodsky Organization (known for a whole lot of development in Manhattan) is partnering on the second tower, which will have around 440 market-rate rentals. The story notes that both towers need to be approved by the Public Design Commission before shovels can go in the ground, and the plan is to have both towers “constructed above a five-story retail podium.”
Residential developers BFC, Brodsky Organization named for City Point Phase II [Eagle]
Century 21 is Opening at City Point on the Fulton Mall! [Brownstoner]