Douglaston Development unveiled new project imagery of Atlantic BK, a 456-unit, mixed-income multifamily development in Brooklyn at the intersection of three neighborhoods: Bedford-Stuyvesant, Clinton Hill and Prospect Heights. A total of 138 units will be permanently affordable.
“We are excited to share new images of Atlantic BK as we near the completion of hundreds of units of much needed affordable and market-rate housing in Bed-Stuy,” said Steven Charno, president of Douglaston Development. “With a strong track record of delivering quality housing to the Brooklyn community, we are grateful to build on this legacy in tandem with our partners to bring this premier residential offering to fruition.”
Douglaston Development acquired the site for $66 million from a partnership led by Totem and BEB Capital and commenced foundation work in May 2022. Ailanthus, Totem’s housing development affiliate, and BEB Capital have co-invested in the project alongside Douglaston and are co-developers of the project throughout all phases.
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