Advertisement
Baked In BushwickBaked In Bushwick

Atlantic Yards’ last developer broke its affordable housing promise and the state never collected the penalties. The new team is promising 1,200 units by 2031

Cirrus and LCOR target a 2028 groundbreaking at Brooklyn's Atlantic Yards to deliver 1,200 affordable apartments by 2031, as advocates seek accountability.

Atlantic Yards’ last developer broke its affordable housing promise and the state never collected the penalties. The new team is promising 1,200 units by 2031
Advertisement
Baked In BushwickBaked In Bushwick

The developers planning the next phase of Brooklyn’s Atlantic Yards project said Monday they are targeting a 2028 groundbreaking on buildings that would deliver about 1,200 affordable apartments by 2031, according to BK Reader.

At an Atlantic Yards Community Development Corporation directors’ meeting, Joseph McDonnell, a managing director at Cirrus Workforce Housing, said the development team has a “fairly ambitious goal” to first break ground on building B6 and shortly after on Site 5. McDonnell said 75 percent of the 1,200 income-restricted units would go to low- and very-low-income residents.

This story continues: 230 more words

Subscribe to read the full story.

Bushwick Daily is paid for by its readers. Enter your email to continue.

Featured image: Bushwick Daily archive

Produced by Bushwick Daily News Desk

Neighborhood news, politics, real estate, and business coverage produced by the Bushwick Daily newsroom.

View all posts
Advertise with Bushwick Daily

Reach all of New York.

Written in Bushwick, read across all five boroughs since 2009.

100,000+ readers a month 500,000+ on Instagram All five boroughs
Advertise with us →
Support Bushwick Daily — become a member