Photo credit: Dattner Architechts
An affordable housing lottery has opened up for LPC Warehouse, a mixed-use affordable housing project in Williamsburg, Brooklyn, right across from the Williamsburg Bridge. LPC Warehouse will provide 55 units of affordable housing, 4,000 square feet of retail space for a grocery store, and a 1,000 square foot community space. Construction is expected to be finished by later this year.
Goldstein Hall Managing Partner David Goldstein, Senior Associate, Jason Labate and Associate, Christina Fasitta, represented the joint venture between Procida Companies and North Brooklyn Development Corporation, the developers of this project. Funding sources included Bonds, Low-Income Housing Tax Credits (LIHTC) and Brownfields Tax Credits.
Please visit Brownstoner, for more information on the lottery.