A new two-tower, 17 story construction looks set to take place of the McDonald’s at 840 Atlantic Avenue, after permits were filed this week to build the new development.
The filing of the permits comes after New York City Council approved proposals from Atlantic-Vanderbilt Holdings LLC to construct a new 18-story mixed-use building, developed by and designed by IMC Architecture, last September, New York Yimby reports.
The development hasn’t had smooth sailing to get to this point and has faced opposition from the local community board. It was sent back to developers early in 2021 so it could be reduced in size after it was rejected numerous times by Community Board 8’s Land Use Committee and then-Borough President Eric Adams.
Criticism included dangers posed by building a dense mixed-use building between two busy thoroughfares, and that the plans did not align with the M-Crown rezoning.
The plan that was eventually approved by the City Council is 10% smaller than the original plan, but also reduces the number of affordable houses that will be provided. However, the affordable houses that will be provided will be done so at cheaper lever; the apartments will go to families that fall into option 3 of the City’s Mandatory Inclusionary Housing program, which amounts to earning around $31,000 for a family of three.
The new building will include a mix of market-rate and income-restricted apartments, retail space, a community arts center and a sub-grade parking garage with 52 spaces, the proposal outlined. According to the permits, the building will be 175-feet-tall development and will include 267 residences, most likely condos based on the average unit scope of 961 square feet, according to New York Yimby.
Demolition permits have not been filed for the McDonald’s that currently sits on the site.
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