"The company has filed paperwork to transform a long-industrial run of East 98th Street and Rockaway Parkway into a nine-building complex of roughly 1.2 million square feet with nearly 1,000 apartments."
"Under New York City's Mandatory Inclusionary Housing rules, between 194 and 292 units in the project would have to be permanently affordable, with the developer currently proposing 84 apartments at about 60 percent of area median income."
"IMC Architecture has posted a description and renderings for an 'East 98th Street' plan that show mid-rise mixed-use blocks with ground-floor retail lining the corridor."
Bawabeh Holdings has proposed a rezoning plan for East Flatbush to develop a nine-building complex with approximately 1.2 million square feet and nearly 1,000 apartments. The project requires a zoning change from industrial to residential use. Under Mandatory Inclusionary Housing rules, a portion of the units must be affordable. The current proposal includes 84 permanently affordable apartments. Design plans feature mid-rise buildings with ground-floor retail, but detailed unit layouts are pending further review and public hearings.
Read at Hoodline
Unable to calculate read time
Collection
[
|
...
]