Construction Start

June 2007

Occupancy Date

June 2009

Number of Units

150 Apartments
Studios, 1, 2 and 3 Bedrooms

Building Size

156,000 Square Feet Residential Space
6,000 Square-Foot Day Care Center
7 Floors

Development Cost

$39.6 Million

Capital Financing

NYC Housing Development Corporation

NYS HCR State Low Income Housing Credits

NYC HPD Loan and Tax Credits

JPMorgan Chase Bank

Richman Housing Resources, LLC

Nonprofit Partner

MHANY Management, Inc

Social Service Provicer

Brooklyn Bureau of Community Service


SLCE Architects


HLS Builders Corp.

Atlantic Avenue Apartments has revived a long-abandoned, block-long patch of vacant land with an attractive new building designed to meet the affordable housing needs of a rapidly-gentrifying Bedford-Stuyvesant neighborhood. The 150 units of housing serve four separate income tiers, all for households earning less than 90% of the area median income. Twelve units are set aside for adults with developmental disabilities. The Brooklyn Bureau of Community Service, a century-old local non-profit, provides on-site services and operates a portion of the first floor as the Atlantic Avenue Early Childhood Center to accommodate the area’s growing need for affordable day care and early education services.


Ribbon Cutting


Play Area

Site Before Construction



Rear Garden

Typical Floor Plan

Typical Two Bedroom Unit