Hope Street Capital

July 16, 2024

Rental at historic Crown Heights site opens lottery for 48 apartments, from $3,128/month

A lottery opened this week at a new luxury rental building on a historic site in Crown Heights. Designed by Morris Adjmi Architects, Mason Gray is a mixed-use development at 959 Sterling Place consisting of a seven-story brick building with 158 apartments. Landmarked as part of the Crown Heights Historic District, the property is home to a 19th-century Romanesque Revival complex currently occupied by the Hebron Seventh Day Adventist Church and School. Qualifying New Yorkers earning 130 percent of the area median income can apply for the apartments, priced at $3,128/month for studios, $3,345/month for one-bedrooms, and $4,000/month for two-bedrooms.
how to apply
April 12, 2022

Crown Heights residents sue LPC over apartment complex on site of landmarked ‘crown jewel’

A coalition of Crown Heights residents and preservationists last week filed a lawsuit against the Landmarks Preservation Commission for approving a major residential project on a historic Brooklyn property. Developed by Hope Street Capital and designed by Morris Adjmi Architects, 959 Sterling Place (aka 920 Park Place) consists of a seven-story complex with 158 apartments and community space that will replace a landmarked 19th-century building. On Friday, attorneys representing the coalition of opponents filed a lawsuit against the LPC and Hope Street Capital, claiming the commission violated the law by failing to hold a public hearing.
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