A Plan to Bring Affordable Housing to One of Brooklyn's Priciest Neighborhoods
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A Plan to Bring Affordable Housing to One of Brooklyn's Priciest Neighborhoods
"CIM Group's proposal for the former Watchtower buildings includes a significant increase in housing units, with plans to add stories to two of the existing structures, ultimately creating 661 total units."
"The project aims to provide affordable housing in one of Brooklyn's most expensive neighborhoods, with 165 units designated as affordable, addressing the city's housing crisis."
"CIM has begun the Uniform Land Use Review Procedure to request site-specific rezoning, which will involve multiple reviews by city planning and government bodies."
CIM Group has proposed a residential project for the former Watchtower buildings in Brooklyn Heights, which includes 165 units of affordable housing. The plan involves adding stories to two of the five buildings, increasing the total square footage to over 800,000 and creating 661 housing units, with a quarter designated as affordable. The lower floors will be mixed-use for commercial and retail purposes. CIM has initiated the site-specific rezoning process, which will undergo evaluation by the City Planning Commission and other city government entities.
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