East New York Multifamily Development: It's Already Happening

MacQuesten Development

It sits about a mile outside the boundaries of the East New York rezoning, but MacQuesten Development’s 130-unit residential development, Van Sindren Plaza, is proceeding apace just the same.

Plans have been filed for two seven-story buildings on Van Sindren Ave near the New Lots Avenue stop on the L train, reports NY YIMBY. Between the two buildings, plans call for a total of about 21k SF of ground-floor retail space. Amenities in the works include a roof deck on at least one of the buildings, a laundry room, bike parking, and an underground garage for 21 cars.

The smaller of the two buildings won’t have parking—something citywide zoning recently stopped requiring for ground-up affordable and senior housing developments. The 38k SF assemblage the site straddles is zoned for industrial use but the developer has filed plans to upzone the land for residential use, which means it’ll go before a public review. [NYY]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's New York Newsletters
Related Stories

Supertall Assemblage Comes Together At Long-Vacant Midtown Site: The N.Y. Deal Sheet

Suburban D.C. County Weighs Microhousing As Affordability Salve

Fannie Mae, Freddie Mac Rewrite Underwriting Standards For NYC's Rent Freeze

RealPage Antitrust Case Ends With Nearly $360M In Settlements For Renters

ZOM Living Entity Files For Bankruptcy To Fund Fight To Overturn $323M Judgment

Golden Apartment Building Sells For $62M To Chicago Company

Banks Are Manhattan's Latest Hot Retail Tenant

New Student Housing Towers Lease Up Quickly In University City, But Developers Can't Build More

Nord Group's Lawyer Moves To Quit, Says Entities Can't Pay Him

Housing Completions Close To 40,000 As LDA Adds Major Site And CEO Departs

Voorhees Greenlights 178-Unit Office-To-Resi Conversion Amid Multifamily Boom

Battered Mortgage REIT Suspends Dividend To Preserve Cash