CetraRuddy’s new tower will bring affordable rentals to Downtown Brooklyn
Rendering of 22 Chapel Street courtesy of CetraRuddy
After breaking ground last month, the mixed-use development at 22 Chapel Street near the Manhattan Bridge now has more details to share. Designed by CetraRuddy, the 20-story tower will bring 180 rental units to Downtown Brooklyn, 45 of which will be affordable. Among other amenities, it will have a rooftop pool and terrace, along with ground-floor retail space and a new headquarters for the START organization. Completion is expected in 2021.
The 166,976-square-foot project is being developed by Delshah Capital, OTL Enterprises, and START Treatment & Recovery Centers. It’s being built in a federal Opportunity Zone, a program that encourages private development in low-income areas. According to a press release, the 135 market-rate apartments will be “targeting rents affordable for working families.” There are currently no details on those specifics, nor what the area median income requirements will be for the affordable units.