Norwood Terrace is an 8 story, 90,000 sf. building with 115 new apartments (58 studio, 17 one-bedroom, 37 two-bedroom, 2 three-bedroom and one super's unit). The 58 studio apartments are reserved for individuals with mental illness who are receiving on-site supportive services. 56 apartments are rented to lower-income households earning less than 60% of the area median income.
The building has an expansive community room with kitchenette, computer lab and children’s library, an exercise room, a laundry room, a roof garden and rear yard recreation spaces, with a large rooftop photovoltaic solar array, energy-efficient appliances, a green roof, and other green features. Norwood Terrace complies with NYSERDA and Enterprise Green Communities program standards.
The site achieved the highest rated Track 1 clean-up status enabling unrestricted re-use under the NYS Brownfields Cleanup Program.
Development and Supportive Services Partner
Concern for Independent Living (non-profit)
HLS Builders Corporation
115 Units | 90,000 SF
Completed Summer 2016
In partnership with L&M Development Partners, Alan completed this 87-unit affordable rental building and an adjacent 60,000 sf retail and community facility building located at Utica Avenue and Lincoln Place in Crown Heights, Brooklyn. The residential building serves low-income households earning less than 60% of the area median income. 26 units are reserved for veterans with supportive services provided by the non-profit Jericho Project.
The four-story retail building is being financed using New Market Tax Credit financing. The development is located a short block from the Utica Avenue Subway station on Eastern Parkway which is the terminus of the 4 line and a major transit hub for Brooklyn.
L+M Development Partners
Supportive Services Partner
Jericho Project (non-profit)
L+M Builders Group LLC
87 Units + Retail
Completed in 2014