HPD Announces Major Progress, Ribbon Cuttings on Linden Terrace Project in East New York

Linden Terrace Building 1. Image Credit: NYC HPD.

On March 15, 2022, the Department of Housing Preservation and Development (HPD), New York City Housing Development Corporation (HDC), and members of the development team cut the ribbon for the first building of the Linden Terrace project. The Linden Terrace project will bring 548 new affordable homes spread across three buildings. The celebration marked the opening and first lease up of 2858 Linden Boulevard, the first building, and the groundbreaking of the second and third buildings in the project. The development team consists of Radson Development, Real Builders, and Spring Management. 

Linden Terrace Building 1 has 234 units, Building 2 will have 159 units, and Building 3 will have 155 units. All 548 units will be affordable, and 221 of those units will be permanently affordable. In Linden Terrace 1, rents are available at a range of 30 to 80 percent area median income. The second and third buildings will feature on-site social services provided by the Bridge, who provide supportive housing and services to New Yorkers who are vulnerable to facing homelessness. 

The buildings will all have sustainability features including gray water recycling, an elevated lobby, green roofs, solar panels, VRF heating and cooling systems and additional storm and sewer detention tanks. Buildings Two and Three will use all electric heat pumps, a decision that was made before the City implemented the new all-electric buildings law.

The affordability was made possible by programs like the Extremely Low-Income and Low-Income Affordability (ELLA), Mandatory Inclusionary Housing and Mix and Match programs by HPD and HDC. Buildings Two and Three received additional funding through the Buildings of Excellence Competition. The $40 million competition, administered by the New York State Energy Research and Development Authority, provides awards of up to $1 million to multifamily building projects that feature very low or zero-carbon emitting operations, design and construction. 

Construction is expected to be complete for all of Linden Terrace by early 2024, and applications will be open to the community for the other buildings in the summer of 2023. Brooklyn Community Board 5 residents will receive preference for 50 percent of Linden Terrace homes marketed through NYC Housing Connect. 

HPD Commissioner Adolfo Carrión Jr. stated, “Linden Terrace is bringing 548 affordable homes to East New York, nearly a third of which will serve the lowest income New Yorkers, including those experiencing homelessness and in need of supportive services. And, we’re building for the future. Not only are 40% of these homes permanently affordable to serve this community but they are also built to high standards to improve quality of life and combat the growing threat posed by climate change. Thanks to our HPD team and partners Radson Development, NYSERDA, and dedicated elected officials for making this project possible.”

By: Veronica Rose (Veronica is the CityLaw fellow and a New York Law School graduate, Class of 2018.)

 

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