Construction Start

December 2010

Occupancy Date

November 2012

Number of Units

112 Apartments
Studios, 1, 2 and 3 Bedrooms

Building Size

111,000 Square Feet
Residential Space
6,000 Square Feet of Retail/
Community Facility Space
12 Floors

Development Cost

$35.6 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

FXFowle Architects, LLP

Contractor

L&M Builders Group LLC

Located across the street from the Brooklyn Navy Yard, this is the third new construction 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 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 third building provides affordable rental housing with units set aside for families earning up to 40%, 60%, 80% and 100% of area median income as well as ground floor retail and community facility space.

Façade

Façade

Façade

Common Green

Common Green

Common Green

Common Green

Navy Green Site Plan

Site Before Construction

Ribbon Cutting