A seven-story building is set to welcome 76 new apartments to Crown Heights, including 23 affordable units. The project will rise at 827 Sterling Place and is being designed by Isaac & Stern Architects. 827 Sterling will include studios, one-, and two-bedroom apartments. Demolition and abatement work has already taken place at the site and the final project is expected to debut in summer 2025.

Construction is set to begin on a new $55 million housing development in Crown Heights after developers received crucial funding from Urban Standard Capital. The seven-story apartment complex at 827 Sterling Place, dubbed “The Royal,” is set to be completed in the summer of 2025, and will offer both market-rate and affordable studios and one- and two-bedroom apartments.

Haussmann Development and Kriss Capital have secured a $38.5 million construction loan to complete a seven-story rental property at 827 Sterling Place in Crown Heights, Brooklyn.

Haussmann Development announced that it has closed on a $38.5 million construction loan for 827 Sterling Place in the Crown Heights neighborhood of Brooklyn. The seven-story project will feature 76 units of critically needed rental housing, including 23 affordable homes financed through the former 421-a tax abatement program.