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109 Montgomery Street, 12-Story Building Planned

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Comments

  • yesbrooklyn
    yesbrooklyn
    So does this mean it's all market rate?
  • whynot_31
    whynot_31
    So far, yes. The developers have not accepted a rezoning in exchange for below market units. ...and the city has not announced that they have accepted a tax abatement.
  • dmiami2
    dmiami2
    Construction on this lot is underway. They are digging the big pit for the foundation. Occasionally they fill the pit with water, creating a giant pool. Not sure what that's about.
  • yesbrooklyn
    yesbrooklyn
    What kind of building/how many units was settled on?
  • crownheightster
    crownheightster
    163 units, all market rate. Jeepers.
  • whynot_31
    whynot_31
    When HPD and Deblasio are the highest bidder, developers are more than happy to build the affordable housing that they desire.
  • whynot_31
    whynot_31
    edited March 2018
    I assume this rendering supersedes the one above from October 2015IMG_5425
  • crownheightster
    crownheightster
    This new one is way nicer. Looks more expensive.
  • ehgee
    ehgee
    market rate in flatbush is often cheaper than 80% AMI 'affordable housing'