Brooklyn Rezoning to Create 4,600 Units

The mixed-use plan includes 1,900 affordable apartments.

The New York City Council has voted to approve the Atlantic Avenue Mixed Use Plan, a Brooklyn rezoning which will pave the way for 4,600 new multifamily units, including 1,900 affordable housing apartments.

The initiative targets nearly two dozen blocks along Atlantic Avenue, between Vanderbilt and Nostrand avenues inside neighborhoods such as Crown Heights, Bedford-Stuyvesant and Prospect Heights.

Of the income-restricted units, 600 will cater to residents earning at an average of 60 percent of the area median income, while 400 apartments are set aside for people earning 40 percent or lower of the AMI. These units will be supported by New York City’s Mandatory Inclusionary Housing policy.


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The remaining 900 affordable apartments will be funded by the New York City Department of Housing Preservation and Development through seven projects on public sites. One such construction is the one by Apex Building Group and Bridge Street Development at 516 Bergen St. HPD selected the duo for the 116-unit project last year.

Other state-owned sites include 542 Dean St., where a partnership of Jobe Development, Mega Group Development and Institute for Community Living will build an age-restricted affordable community, as well as 1134 Pacific St., 457 Nostrand Ave., 32-34 Putnam Ave., 1024 Fulton St. and 1110 Atlantic Ave.

This rezoning will facilitate the construction of more affordable housing units than were previously built over the past decade. What’s more, the Atlantic Avenue Mixed Use plan also earmarked $235 million for community investments and infrastructure.

The council’s approval lands just one month after Mayor Adams pledged to boost attainable development by allocating $24.7 billion toward affordable housing through New York City’s 10-Year Capital Plan.

Brooklyn’s accelerated affordable development

As of May, Brooklyn’s construction pipeline comprised more than 5,200 apartments inside fully affordable projects, each of 50 or more units, according to Yardi Matrix data. These accounted for 21.1 percent of the total unit count underway, which stood at north of 24,700.

Last year, developers completed roughly 2,400 affordable units, marking a 154 percent increase compared to 2023, the data provider shows. Should market conditions hold, 2,279 such apartments are slated for delivery throughout 2025. This heightened delivery momentum aligns with the national affordable completion trends.