Affordable housing coming to Sunset Park
Following 18 months of community engagement, the mixed-use building will provide much-needed housing, 12,000 square feet of neighborhood retail space, an easement for a new ADA accessible entrance to the 25th Street subway station, and additional community benefits.
ByThere will be a public hearing tonight, November, 12, at 6:00 p.m. to hear the application of this new mixed-use housing development by 747 4th Avenue LLC. Register here.
There will be a community board meeting on November 18 at 6:00 p.m. in which the application will be discussed. Register here.
Sunset Park, Brooklyn – A new mixed-use housing development, announced earlier today by Brooklyn-based development firm Totem, will bring approximately 135 one- to three-bedroom units to the Sunset Park community, which has faced a severe housing shortage for decades. Nearly 35 units will be permanently affordable through New York City’s Mandatory Inclusionary Housing (MIH) Program Option 1, representing a close to 40 percent increase in new affordable housing created in the community since 2005.
The project follows 18 months of community engagement, where Totem held more than 50 conversations with local leaders, residents and stakeholders to hear the most pressing concerns in the community. As a result of those conversations, the development team has made a number of significant improvements to the plan, from eliminating studio apartments in order to create family-sized units, to the inclusion of green infrastructure like green roofs and bioswales in the building, to going above and beyond the City’s housing program to offer units at deeply affordable income levels starting at approximately $500 per month for individuals making between $30,000 – $60,000 per year.