Governor Hochul Celebrates Completion of New York City’s First-Ever Mixed-Use Light Manufacturing and Affordable Housing Development in Brooklyn
Governor Kathy Hochul today announced the completion of a new, mixed-use residential and light manufacturing development, located in Brownsville, Brooklyn. The $118 million complex reimagines the former Fox’s U-Bet Chocolate Syrup factory at Rockaway Avenue and Newport Street as the Greenpoint Manufacturing and Design Center’s Brownsville Industrial Center. The development includes 39,000 square feet of affordable, top-of-the-line light manufacturing space on the ground-floor; Bridge Rockaway, a residential building with 174 units of affordable and supportive housing above the manufacturing space; and a 2,000 square-foot community space, spanning half a city block. It is the first new project in New York City to co-locate affordable housing and light manufacturing space on the same site.
“Our continued efforts to foster renewal in Central Brooklyn are what this development is all about,” Governor Hochul said. “Bridge Rockaway with its affordable homes and supportive services in combination with light manufacturing, which has long provided the pathways to the middle class for Brooklynites, is spurring a fresh start for this piece of Brownsville. This is what it means to be pro-housing and pro-business. Congratulations to The Bridge, the Greenpoint Manufacturing and Design Center and their partners for bringing these new homes and jobs to the people of Brooklyn.”
Bridge Rockaway, the residential development at 203 Newport Street, consists of two residential towers – a six-story structure and a seven-story structure – separated by an 11,000-square-foot garden. Units will be affordable to residents earning between 30 percent and 70 percent of the Area Median Income, and 87 units with on-site supportive services will be set-aside for veterans, seniors, and other individuals struggling with homelessness. Residents will have access to the building’s vibrant garden terrace, a reception area with 24/7 staffing, a computer room, community rooms, a bicycle room, and storage and laundry facilities. The Bridge, which operates supportive housing and behavioral health services for New Yorkers living with behavioral health concerns, will own and operate Bridge Rockaway and provide on-site services.
The GMDC Brownsville Industrial Center at 805 Rockaway Avenue includes 10 units, ranging in size from 1,250 square feet to 6,000 square feet, for light manufacturing businesses that might include custom woodworkers, cabinet makers and artisanal tradespeople, such as set builders and display makers; home goods manufacturers; metal workers and finishers; and garment makers; among others. GMDC’s space features a loading dock with hydraulic lift and a state-of-the-art finishing room for industrial tenants. In addition to these and other services and amenities, GMDC has invested more than $11.5 million abatement measures to ensure the safe coexistence of residential and industrial tenants. GMDC’s project is expected to create up to 35 direct jobs, in addition to indirect jobs and investment. The space is owned and operated by GMDC, a nonprofit industrial developer and property manager with a portfolio of more than 685,000 square feet of industrial space across New York City. The project serves as a model for developing affordable housing on underutilized manufacturing property, while maintaining manufacturing use.
State support includes a $1.6 million capital grant from Empire State Development to support the GMDC Brownsville Industrial Center, per the recommendation of the New York City Regional Economic Development Council. New York State will also provide $11.4 million in permanent tax-exempt bonds, Federal Low-Income Housing Tax Credits that will generate $46 million in equity, and $16.9 million in subsidy through New York State Homes and Community Renewal. The New York State Office of Temporary and Disability Assistance is providing $6.5 million through the Homeless Housing Assistance Program, as well as rental subsidies funded through the Empire State Supportive Housing Initiative.
Additional funding is being provided by the City and other public and private sources. The New York City Department of Housing Preservation and Development is providing $17.1 million in support of the project’s residential portion. The U.S. Small Business Administration, the New York City Economic Development Corporation, the New York City Neighborhood Capital Corporation, New York City Industrial Development Agency, JP Morgan Chase, the Partnership Fund for New York City, Enterprise Community Loan Fund, and National Grid also provided support.
The project development team includes The Bridge, Mega Development and Greenpoint Manufacturing and Design Center. The building was designed by THINK! Architecture and Design.
