realestate

Crown Heights Developers Eye Potential for Revitalization

Council Member Crystal Hudson's approval hinges on developments meeting high standards in key Brooklyn corridor.

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ouncil member Crystal Hudson's tough stance on development projects in her Brooklyn district seemed insurmountable, and Ian Bruce Eichner's Continuum Company appeared doomed to fail with its proposal for 960 Franklin Avenue. The project, which included affordable housing and small-scale manufacturing space, was rejected by Hudson despite its potential benefits. Meanwhile, Eichner's track record of failed proposals raised questions about his ability to deliver on his promises.

    However, after a recent hearing at the City Council, it appears that Hudson and Eichner may be able to find common ground. Eichner proposed a compromise that would allow him to build a scaled-down version of the project, with a focus on "workforce housing" that is affordable to the middle class but not low-wage workers. Hudson asked smart questions about the project's profit margins and unit mix, indicating a willingness to consider making more apartments workforce units.

    Given the need to keep heights low to protect the Brooklyn Botanic Garden and the likelihood of 100 percent market-rate condos if Hudson does not come to terms, it now seems likely that she will approve the project. The unions who would finance, build, and operate the development have expressed support for the compromise, and Eichner's team has agreed to accept the City Planning Commission's height limits.

    Hudson's willingness to consider making more apartments workforce units is a significant moment in what has been a star-crossed project. It suggests that she is willing to think creatively about how to make affordable housing work in her district, even if it means compromising on some aspects of the proposal. With Eichner and Hudson now working together, it's possible that 960 Franklin Avenue will finally become a reality.

Crown Heights developers explore revitalization opportunities in Brooklyn neighborhood.