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EN
Plan approved to transform Red Hook, Columbia Street Waterfront into new neighborhood
['Https', 'Gothamist.Com Staff David-Brand']
Gothamist
Developers have completed just 1,374 of the 2,250 units of affordable housing they agreed to create under a state-led plan in 2014.
BMT North would be bound by Atlantic Avenue and DeGraw Street and feature about two-thirds of the proposed housing.
Atlantic Basin, located along the waterfront between Piers 11 and 12, would feature the bulk of the industrial and commercial space.
It would additionally invest $200 million in nearby New York City Housing Authority complexes.
The Economic Development Corporation faced a Sept. 30 deadline to unlock federal related to the project.
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