Monadnock, HPD file plans for 80-unit housing complex in East New York

Monadnock Development and the city’s Department of Housing Preservation are looking to build an 80-unit affordable housing complex in East New York, according to city records.

The proposed seven-story structure, with the address 516 Schroeders Avenue, will have 66,660 s/f for residential, 4,615 s/f for commercial and 2,587 s/f for a community facility. The community facility space has been earmarked for a “non-profit residence for the elderly.”

The tower is part of a planned 21-building affordable housing complex in the neighborhood. Monadnock was tapped for the development last month, according to a report from the Real Deal. The addresses for the portfolio includes  389-516 Schroeders Avenue, 1111-1123 Ashford Street and 127-129 Gateway Drive.

So far, HPD has filed for five buildings on Schroeders Avenue, according to New York YIMBY. Plans show that the agency will build four-story properties at 389, 392, 400, 402 and 504 Schroeders Avenue. The building will contain 40 units in total.

SLCE is the architect of record for the project.

 

 

 

 

Related Posts Plugin for WordPress, Blogger...

COPYRIGHT 2015 REAL ESTATE WEEKLY. ALL RIGHTS RESERVED.