Utica Place - Brooklyn, NY
In partnership with L&M Development Partners, Alan completed this 87-unit affordable rental building and an adjacent 60,000 sf retail and community facility building located at Utica Avenue and Lincoln Place in Crown Heights, Brooklyn. The residential building serves low-income households earning less than 60% of the area median income. 26 units are reserved for veterans with supportive services provided by the non-profit Jericho Project.
The four-story retail building is being financed using New Market Tax Credit financing. The development is located a short block from the Utica Avenue Subway station on Eastern Parkway which is the terminus of the 4 line and a major transit hub for Brooklyn.
Development Partner
L+M Development Partners
Architect
MHG Architects
Size
87 Units + Retail
Supportive Services Partner
Jericho Project
General Contractor
L+M Builders Group LLC
Status
Completed in 2014
Type
Affordable Housing
Financing
HDC, HPD, 4% LIHTC, NMTC, Bank of America