Now, Brooklyn GC owner Yoel Goldman– the same developer working on a 160-room Williamsburg hotel at 96 Wythe Avenue– is jumping right on the bandwagon. Goldman has announced plans to erect an eight-story, 130,000-square-foot luxury high-rise apartment building at 608 Franklin Avenue in Crown Heights, reported YIMBY.
The building will occupy a full block between Bergen and Dean streets (on the same block as Berg’n) with the intent of capitalizing on Franklin Avenues trendy commercial strip by including nearly 19,000 square feet of retail space.
The rental units will include 120 studio and two-bedroom luxury apartments spread over 82,000 square feet of residential space. ODAs signature clean façade and boxy balcony protrusions are 608 Franklins most notable features.
Brooklyn GC claims it will set aside 20 percent of the units to be rented at below-market rates. (We’ll see).
Nevertheless, said YIMBY, the responsibility and blame should not be heaped on developers to provide ample affordable housing:
“Politicians and planners are the root of the problem,” reported YIMBY. “These people shirk their responsibility to house New Yorks wealthy newcomers in more desirable, closer-in neighborhoods, where ample infrastructure for additional density already exists.”
these politicains are all bought,but we the people keep voting them in,when will we really open our eyes,i did!
It’s so sad how the people who helped build up the neighborhood when no one wanted to live there got priced out and had to leave. It’s not right and it’s not fair. It’s not right that things aren’t affordable anymore, and it’s not right that people get displaced after being good tenants, paying rent on time, taking care of their neighbors and neighborhood have to hold their breath till the times comes that they get kicked out with no thanks, no help to move.