[CPEO-BIF] Housing on Railroad Car Barn, Greenpoint, Brooklyn, New York.

[Lenny Siegel <lsiegel@cpeo.org>]

Brooklyn Brownfield Transformed Into Mixed-Income Housing
Eleven33 provides sustainable living in a transit-oriented, walkable neighborhood.

By Christine Serlin
Affordable Housing Finance
July 1, 2016


The Domain Cos. not only remediated a contaminated brownfield site in Brooklyn’s Greenpoint neighborhood, one of New York City’s most rapidly developing areas, but it created a LEED Gold community with 210 units of much-needed mixed-income housing.

Eleven33 was built on the former site of the Brooklyn Rapid Transit Railroad Car Barn, which was contaminated and limited to industrial and manufacturing uses. The Domain Cos. participated in the state’s Brownfield Cleanup Program and worked with partner Goldman Sachs on a financing plan to remediate the sit

“We took a site that was really a negative issue in the neighborhood in terms of preventing progress and development and brought it full circle by remediating it and creating a building that maximizes green features and sustainable design,” says Matt Schwartz, principal of The Domain Cos.

…

For the entire article, see
http://www.housingfinance.com/developments/brooklyn-brownfield-transformed-into-mixed-income-housing_o

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Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org

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