Real Estate
Proposed 2nd-Tallest Residential Tower In Brooklyn Enters Public Review Phase
The residential tower will have around 1,200 new apartments.

NEW YORK CITY — Proposed plans to build a high-rise apartment tower that would be the second-tallest building in Brooklyn has entered the public review phase, according to New York City Mayor Eric Adams.
Adams late last week announced that the 395 Flatbush Avenue Extension project has begun the seven-month uniform land-use review procedure, according to multiple media reports.
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If developed, the site would fall just behind of the Brooklyn Tower, which is 1,066-feet-tall.
The residential tower will have around 1,200 new apartments, Commercial Observer reported.
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"All on top of one of the biggest transit hubs in the city. The new 395 Flatbush will be a major addition to the skyline, towering high as the second-tallest building in Brooklyn," Adams said at a Real Deal forum in May.
A portion of the apartments, — about 300 to 360 — would be permanently affordable for people earning at or below an average of 80 percent of area median income, Commercial Observer reported in May.
The project would be led by development firms Rabina and Park Tower Group, as well as working with the city’s Department of Housing Preservation & Development.
The two developers control the site through a ground lease that runs until 2072. The team is currently working to upzone the site as it is zoned for commercial use.
The site could also include 10,000 square feet of green space and infrastructure improvements outside the building.
In addition, developers have included a renovated public entrance for the DeKalb Avenue subway station, and expanded sidewalks along Flatbush Avenue. 66,000 square feet of retail space and another 75,000 square feet of commercial space would finish out the building.
“395 Flatbush is the latest example how an underutilized commercial building can be reborn into something the City needs—vibrant, multi-functional space that delivers on the kind of planning this moment in time requires,” Ahmed Tigani, the acting commissioner for the NYC Department of Housing Preservation and Development, told PIX11 News in a statement.
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