Mayor Eric Adams announced a new plan for an 840-foot high-rise residential tower at 395 Flatbush Avenue Extension, which would become Brooklyn's second-tallest building. The tower aims to provide around 1,200 apartments, with 300 to 360 units designated as permanently affordable for low-income families. The project will be developed by Rabina and Park Tower Group in collaboration with the city's Department of Housing Preservation & Development. It promises to revitalize a crucial transit hub without city capital subsidies and includes green space and infrastructure improvements.
"All on top of one of the biggest transit hubs in the city. The new 395 Flatbush will be a major addition to the skyline, towering high as the second-tallest building in Brooklyn."
"This project will be built on a city-owned site, use tools we run from Albany, and take advantage of the City of Yes for Housing Opportunity."
"A portion of the apartments, about 300 to 360, would be permanently affordable for people earning at or below an average of 80 percent of area median income."
"I'm here to support my developers and not fight with my developers."
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