East New York has been seeing an increasing amount of new developments rise as of lately, and now, yet another one is making its way to the neighborhood.
The Real Deal reports that Philadelphia-based development firm Pennrose Properties has pre-filed permits with the city’s Department of Buildings to construct a nine-story mixed-use project at 50 Pennsylvania Avenue (between Atlantic Avenue and Fulton Street), just a block away from the Broadway Junction transit center. The plans indicate that the development will encompass 179,000 square feet, with 157,000 of that being allocated to residential space and 22,000 going toward commercial space.
The development is replacing a single-story home furnishing store and is slated to offer 218 apartments. There’s no word yet if those units will be market-rate, affordable, or a combination of the two, but those details tend to come out as the development advances. We’ll keep you posted as more information becomes available.
- Permits filed for 218-unit housing complex in East New York [The Real Deal]