Monday, October 2, 2017
NYCHA Plans Market-Rate Brooklyn Units
The New York City Housing Authority is planning a new development that would include market-rate housing on the grounds of a lower-income housing development in the rapidly gentrifying Brooklyn neighborhood of East Williamsburg.
The new mid-rise development would be built on the site of a parking lot on the edge of the 11 red-brick buildings of Cooper Park Houses.
Under the plan, up to about 250 units would be built by a private developer who would lease the land from the authority. The proceeds from the lease would go to a capital program at the housing authority, officials said. . .