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In Bushwick, residents have been campaigning for years now to get a greater amount of affordable units at the massive Rheingold Brewery redevelopment site. And for once a developer is following through on their promise to do so. On Wednesday, the Rabsky Group, the developer behind the rental building at 10 Montieth Street announced that it would set aside 100 apartments to be offered as below market-rate units.
The eight-story building, which is just one of many projects in various stages of development at the Rheingold site, will span 400,000-square-feet and bring a total of 500 apartments to the neighborhood.
The number of affordable units were decided upon after the city’s Department of Housing Preservation and Development completed its review of 10 Montieth Street.
“There is a tremendous and urgent need for housing to accommodate a broad range of income levels in Brooklyn and across the city,” Simon Dushinsky, the co-owner of the Rabsky Group, said in a statement. “We are excited to play a role in meeting this need and to reactivate this site for productive use for the community.”
Dushinsky had previously been non-committal towards the affordable housing component, but seems to have changed his mind since. Construction got underway in the spring of 2015, and it seems there’s been at least a little bit of progress at the site since. Construction isn’t expected to wrap up until the summer of 2018, and the affordable units will likely be offered up at the end of next year.
Amenities residents can look forward to in this building include a climbing wall, squash courts, a gym, a pet spa, a bocce court, a yoga studio, and an amphitheater, among several others.
Aside from the Rabsky Group’s project, All Year Management is also planning a massive rental at the Rheingold site. This will bring 800-900 apartments to the neighborhood.
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