While a 23-story tower planned for Prospect-Lefferts Gardens is seeing a lot of community backlash, another new residential building in the area is quietly moving forward with construction. The nine-story apartment building at 33 Lincoln Road, the site once slated for a 20-story glass tower, will have 133 rental units, and it is being developed by Anderson Associates
with funding through HDC's New Housing Opportunities Program, so all of the units will be below market rate. The L-shaped site abuts the above ground B/Q/S tracks, and it fronts on both Lincoln Road and Flatbush Avenue. A tipster sent along a few photos showing the current state of the site, and we've reached out to the developer for an update on the timeline.
UPDATE: Tom Anderson of Anderson Associates tells us that the building is no longer being financed through HDC's New Housing Opportunities Program. The HDC kept delaying the project, so Anderson decided to look elsewhere. The building is now funded by good ol' private construction loans, but the developer will still be offering 20 percent of the units as affordable to low-income families making a max of 60 percent of the area income. The remaining 80 percent will be market rate, which isn't too different from the original plan of offering these units at 10 percent below market rate. It should be complete by April 2015.
The construction signage directs people to the website of Radu Architects (who, apparently, designed Carly Simon's place), but this project is not listed on their site.
· 9-Story Rental Planned for Old Prospect Park Tower Site [Curbed]