At a ceremony held last month, city officials joined with BFC Partners and Breaking Ground to celebrate move-ins at the redeveloped Bedford Union Armory in Crown Heights, Brooklyn.
Located at 1101 and 1089 President Street, the project includes two ground-up residential buildings featuring 415 homes - 250 of which are affordable. The historic armory, which sits next door, has been converted into the Major R. Owens Health and Wellness Community Center, which offers medical, emotional, and recreational services at affordable rates.
Additionally, the complex includes 25 that are set aside for households experiencing homelessness. The remaining affordable units are earmarked for households earning between 30 and 60 percent of the area median income level, which translates to a family of three earning between $23,178 and $72,060.
Marvel Architects designed the project, which was financed through Goldman Sachs Asset Management's Urban Investment Group, Wells Fargo, and Citi.
Besides housing, the complex includes coworking spaces, a fitness center, a resident lounge, and a rooftop deck.
- Crown Heights (Urbanize LA)