Historic Linotype factory buildings in Clinton Hill to become residential and retail space * Brooklyn Paper

"After serving as a controversial migrant shelter, the huge former factory and warehouse complex at 47 Hall Street in Clinton Hill will be redeveloped as mixed income housing with a new skyscraper and adaptive reuse of existing factory buildings, some of which were originally home to the Mergenthaler Linotype Company. The rezoning needed to build the project, which will include around 611 apartments, kicked off public review early this year. On Thursday, Aug. 14 the full City Council approved the rezoning."

"At an Aug. 6 Subcommittee on Zoning and Franchises meeting, council members required the development team behind the proposal, RXR, build using option one of the Mandatory Inclusionary Housing program. That option requires 25% of the total apartments built, or 153 units, are made available to families earning an average of 60% of Area Median Income. Currently, that would be around $87,480 for a family of three. At 60% of AMI, a two-bedroom would rent for $2,187 a month."

"At a Committee on Land Use meeting later that day, Council Member Crystal Hudson said that with the rezoning, 47 Hall Street has the chance to "finally maximize its potential and secure additional housing in the high demand neighborhood of Clinton Hill." Before the property's reuse as a migrant shelter, it was slated to become a high-end boutique hotel, but that never came to pass."

City Council approval on Aug. 14 enables redevelopment of 47 Hall Street in Clinton Hill into about 611 apartments combining a new skyscraper with adaptive reuse of former factory buildings. Mandatory Inclusionary Housing option one will allocate 25% of units — 153 apartments — at an average of 60% of Area Median Income (~$87,480 for a family of three); the remaining 458 units will be market-rate. The project includes 150 units described as permanently affordable, 530 construction jobs, 350 permanent jobs, public open space, and local retail. The site previously served as a migrant shelter.

Read at Brooklyn Paper