City Council Approves Tax Exemption to Preserve Affordable Housing

Dean Atlantic HDFC received property tax exemption for seven buildings.  On August 21, 2014, the City Council voted 47-0 to approve an Article XI property tax exemption on seven buildings owned by the Dean Atlantic Housing Development Finance Corporation.  The Department of Housing Preservation and Development requested the exemption from the City Council on Dean Atlantic’s behalf.  The buildings are all in Brooklyn Community Board 16, covering the Ocean Hill and Brownsville communities.  Six … <Read More>


New East New York Development to Renovate Shelter and Create Affordable Housing

The new development proposes services for both residents and the greater East New York community. On October 16, 2019, the City Planning Commission voted to approve a land use application to develop four mixed-use buildings in East New York, Brooklyn. The lot is bounded by Sutter Avenue to the north, Blake Avenue to the south, Snediker Avenue to the west, and Hinsdale Street to the east. To facilitate the new 387,100 square feet development, the … <Read More>