“Here to support my developers”: How Mayor Adams' giant 395 Flatbush Extension tower might signal a boost for the Atlantic Yards Site 5 plan and possible Cirrus deal
395 Flatbush Ave. Ext., with supertall Brooklyn Tower in the background. Image via Crain's NY Business The announcement May 7 by Mayor Eric Adams of a 72-story, mostly residential tower at 395 Flatbush Avenue Extension, between Fulton Street and DeKalb Avenue, does not just regard governmental support for the second tallest--and, surely, bulkiest--building in Brooklyn, at 840 feet (with bulkhead) and 1,544,875 square feet. The 395 Flatbush Avenue Extension plan, over the DeKalb Avenue subway stop opposite the iconic restaurant Junior's and the Brooklyn Paramount/LIU, also has implications for Atlantic Yards/Pacific Park and environs, I suspect. It would deliver 1,263 apartments, of which 253 (20%) to 379 (30%) would be designated as permanently affordable under the city's Mandatory Inclusionary Housing program. The developers are Rabina and Park Tower Group. Under 30% affordability, the units would be affordable to households averaging 80% of Area Median Incom...