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NEWS | September 13, 2023
The new development features three buildings, 85 units including 13 set aside for formerly homeless individuals, and 1,187 square feet of commercial space
From Our Time Press Coverage of the Event:
“On Wednesday, Bedford Stuyvesant Restoration Corporation (Restoration) and St. Nicks Alliance (St. Nicks) celebrated the groundbreaking of Dekalb Commons, three new 100% affordable housing developments in the heart of Central Brooklyn. The development includes 652 Dekalb Avenue, 639 Dekalb Avenue, and 1187 Fulton Street. Special guests in attendance included Council Member Chi Ossé, Assembly Member Stefani Zinerman, and Assembly Member Phara Souffrant Forrest.
“‘New York is in the midst of a housing crisis and our community is under threat of displacement. We know that housing stability is at the heart of a successful community and Restoration is proud to serve as a co-developer on this project to significantly increase the neighborhood’s affordable housing supply.’
“Dekalb Commons continues Restoration’s legacy as a leading affordable housing developer in Central Brooklyn. Since its founding in 1967, Restoration has constructed and preserved over 7,500 affordable housing units and helped over 1,500 prospective owners secure $60 million in mortgage financing. In addition to developing affordable housing, Restoration provides a range of housing services for local residents including rental assistance and eviction protection.”
Read the full Press Release Here
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