Mixed-use and affordable housing development Caton Flats is now open in the Flatbush neighborhood of Brooklyn. The project will provide 255 units of affordable housing capped at 40-130% of Area Median Income (AMI), along with 20,000 square feet of community space. The Flatbush Central Caribbean Market has reopened on the ground floor of Caton Flats and will include a shared commercial test kitchen to support local entrepreneurs. HSE served as deal counsel. You can read more and see photos of Caton Flats in Brooklyn Paper.
The affordable housing development Nevins Street Apartments opened today in downtown Brooklyn. Developed and managed by the Institute for Community Living (ICL), Nevins Street Apartments provides 129 affordable apartments, 78 of which are supportive homes reserved for individuals who were formerly homeless, have aged out of the foster care system, are veterans, or are recovering from a substance abuse disorder. ICL will provide onsite support services including life skills and family reunification. HSE represented ICL as deal counsel. You can read more about the Nevins Street Apartments in New York YIMBY, Brooklyn Paper and Brooklyn Eagle.