Construction Start

December 2007

Occupancy Date

July 2009

Number of Units

152 Apartments in 2 Buildings
Studios, 1, 2 and 3 Bedrooms

Building Size

155,000 Square Feet of Residential Space in 2 Buildings
6,345 Square Feet of Retail Space
94 Spaces of Public Parking
8 Floors

Development Cost

$53 Million

Capital Financing

NYC Housing Development Corporation

NYC HPD Loan and Tax Credits

JPMorgan Chase Bank

Wells Fargo/Wachovia

Inclusionary Sale Proceeds

Nonprofit Partner

Housing Partnership Development Corporation

Community Partner

Churches United Corp.


L&M Development Partners Inc.


Curtis + Ginsberg Architects LLP


L&M Builders Group LLC

This project is the first newly constructed building to use the upland Inclusionary Housing Program adopted with the rezoning of the Williamsburg/Greenpoint Waterfront in Brooklyn Community Board #1, providing affordable housing in a rapidly gentrifying area. Developed on private land and a municipal parking lot that were rezoned, the 152 affordable apartments are located in two buildings facing both Cook Street and Varet Street. The development features commercial space on Varet Street and an attended public parking garage to replace the prior municipal lot. A deck above the ground floor parking garage holds a landscaped rear yard with a children’s play area and green roof. The building facades incorporate complementary brick and precast colors and feature window returns that bring additional light to the units and highlight the facades at night.

Rear Facade
Photograph © Curtis + Ginsberg Architects LLP

Roof Garden
Photograph © Curtis + Ginsberg Architects LLP

Site Plan


Site Before Construction