Brooklyn, May 11, 2021 – IMPACCT Brooklyn closed on financing to begin the construction on 63 units of senior housing on Lexington Avenue in Bedford Stuyvesant, Brooklyn. Plans are now in motion for IMPACCT Brooklyn to transform the old Mars Fudge and Fruit Company building and parking lot into a long-awaited affordable housing complex tailored for affordable senior living.
This senior housing development is in collaboration with the Northeastern Conference of Seventh Day Adventists (NCSDA), who owns the land on which the project is being built. This 15,500 square foot lot at 811 Lexington Avenue will house a four story, 41,421 square foot building with 63 apartments for seniors and one super unit. The apartments are reserved for low-income seniors, all of whom will receive rental subsidies. As part of the project, 20 units of the building’s stock will be set aside for seniors at risk of homelessness. The project represents a total investment of $36 million in affordable senior housing in Bedford-Stuyvesant.
“We are happy to have completed the first stage of this journey that is so important to create new affordable housing for seniors in the community. I am looking forward to the next twenty-eight months of construction and the day when the last resident moves in,” said Robert Jefferson, Director of Real Estate Development at IMPACCT Brooklyn.
“Despite the COVID-19 pandemic, IMPACCT Brooklyn was able to work with its various partners to make sure that we forged ahead in our commitment to ensuring our most vulnerable — seniors at risk of homelessness — have a place to call home,” said Bernell Grier, IMPACCT Brooklyn Executive Director.
The building’s luxuries include a multi-purpose community room, laundry room, and office on the lower level, along with twenty exterior parking spaces on the ground level for church usage. Rise forty feet above Lexington Avenue and you’ll find a 503 square foot recreation room on the roof level opening out into a landscaped roof garden. The planned green roof and garden will include a terrace with an overhead pergola to provide shelter for residents and a structure for growing plants. Additionally, seated areas, a patio, and paths will enhance the experience for those accessing the garden by incorporating active design elements.
We wish to thank our collaborators and partners, including: TD Bank; Community Preservation Corporation; Enterprise Community Partners; Freddie Mac; NYC Housing Preservation & Development; Think Architecture & Design; Procida Construction; Leviticus Fund, Alembic Community Development; Cruickshank Engineering; Hirschen Singer & Epstein; Allen and Desnoyers LLP; Benchmark Title Agency; Gallagher Bassett Services; Peckar & Abramson; ALC Environmental: Project Tactical Solutions; Metric Consulting & Inspection; Philip Habib & Associates; Cannon Heyman & Weiss; Hillmann Consulting Group; Windels, Marx Lane & Mittendorf; Holland & Knight; and McGuire Woods.
Construction will start May 12th and is anticipated to be completed in September 2023. Stay tuned for more information on leasing and how to apply for housing at 811 Lexington Avenue – IMPACCT Senior Residences.