Construction Start

July 2010

Occupancy Date

January 2012

Number of Units

101 Apartments
Studios, 1 and 2 Bedrooms

Building Size

96,000 Square Feet
8 Floors

Development Cost

$27.3 Million

Capital Financing

NYC Housing Development Corporation

NYC HPD Loan and Tax Credits

NYS HCR State Low Income Housing Credits

JPMorgan Chase Bank

JPMorgan Capital Corporation

Co-Developer

L&M Development Partners Inc.

Nonprofit Partner

Housing Partnership Development Corporation

Architect

Curtis + Ginsberg Architects LLP

Contractor

L&M Builders Group LLC

Located across the street from the Brooklyn Navy Yard, this is the first building of the Navy Green project being jointly developed by Dunn Development Corp., L&M Development Partners Inc., and Pratt Area Community Council. The site consists of nearly a full city block of vacant land where the former Navy Brig once stood. The co-developers were awarded the rights to develop the site after responding to a Request for Proposals from NYC HPD. The overall site development will consist of a mix of rental and homeownership units serving people at a wide range of income levels, commercial and community facility space on Flushing Avenue, plus a shared common green with active and passive recreation areas and landscaping to be shared by residents of all buildings in the project. This first building will provide affordable rental housing with units set aside for families earning up to 40% and 60% of area median income.

Rendering

Common Green

Common Green

R3 Site Plan

Navy Green Site Plan

Navy Green Elevation

R3 Elevation

Typical Apartment Plan

Site Before Construction

Ribbon Cutting