HPD and partners outline 72‑story Flatbush redevelopment proposing more than 1,200 units, including hundreds of permanently affordable homes

HPD and development partners presented a pre-development plan for 395 Flatbush Avenue at the subcommittee. Hala Saleh (HPD) and Ian Klein (Rubina/partner) described a scheme that would convert existing city-owned, ground-leased property and add a new 72-story tower to deliver approximately 1,263 residential units and roughly 141,280 square feet of nonresidential space.

Ian Klein described the affordability package and community benefits: "the proposed project would introduce 1,263 mixed income rental units, 325 of which approximately will be permanently affordable." HPD said the project intends to use MIH Option 1 to provide deeper affordability, targeting an average of about 60% AMI overall and setting aside 130 units for very-low-income households (40% AMI). Presenters said the plan requires no city subsidy and aims to direct subsidy elsewhere while advancing a large new housing delivery in Downtown Brooklyn.

The team explained site constraints created by an MTA tunnel that runs beneath a substantial portion of the site, requiring adaptive reuse of the portion of the existing structure that bears on the tunnel and locating a new tower on the developable northeast corner. The presentation described retail and community facility space, a widened Flatbush sidewalk and a public plaza, sustainability measures and local hiring and MWBE goals. Committee members and staff will continue review as the application moves through the land-use and environmental analysis processes.

Whatomes next: the subcommittee heard the presentation and laid the items over. Further CPC, agency and community review will follow as the proposal advances through technical design and review.