Revised plans for the redevelopment of Park Slope’s Key Food site include a larger supermarket and affordable apartments for lower-income New Yorkers. Area residents will also be given a say in what kind of supermarket will return to the space; an agreement that’s meant to ease concerns that the redevelopment will usher in a market unaffordable to the residents who rely on the existing Key Foods, DNAinfo reports.
The revised plan was presented by community stakeholders at last night’s Park Slope community board meeting. The finessed proposal, first teased in an endorsement by City Councilmember Brad Lander, addresses the community’s concerns about affordability—both of the incoming apartments and its retail.
While the development will take the same shape Avery Hall first proposed—two towers with 165 apartments between them—the adjoining grocery store has been enlarged from a proposed 7,500 square feet to 22,000 square feet. The negotiations also include the promise of a 20-year lease over the original 15-year lease.
Concerns over the affordability of the below market-rate apartments in the development were also addressed in the finessed proposal. While the number of affordable apartments will remain the same at 41, the affordability guidelines have been adjusted to include more income brackets. The original plan included eight apartments for moderate-income families, and 32 for low-income families; the revised plan will include 16 apartments for very low-income families, 16 for low-income families, and eight for moderate-income families.
Avery Hall will issue a Request For Proposals for a grocer at the site, and will stipulate that the store must remain “community-oriented” by carrying a range of products, including ethnic products, at a variety of price points.