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New York Yimby
May 21, 2024
The Royal At 827 Sterling Place Tops Off In Crown Heights, Brooklyn

A seven-story residential development at 827 Sterling Place recently topped off in Brooklyn’s Crown Heights. Located between Rogers and Nostrand Avenues, the 70-foot-tall structure known as The Royal topped off last month after breaking ground in January 2024. Developed by Manhattan-based Haussmann Development and Kriss Capital and designed by Issac & Stern Architects, the ground-up new construction will yield 76 apartments.

October 10, 2023
76-unit rental building will rise in Crown Heights

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.

Brooklyn Paper
October 9, 2023
New $55M apartment building with 23 affordable units to open in Crown Heights in 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.

New York Yimby
October 4, 2023
Developers Secure $38.5M Construction Loan For 827 Sterling Place In Crown Heights, Brooklyn

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.

Brooklyn Daily Eagle
September 29, 2023
New Crown Heights Development Now Funded

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.

September 26, 2023
Developers Obtain $38.5M Loan for Crown Heights Multifamily Project

Haussmann Development, and project partner, Kriss Capital, have landed a $38.5 million loan for a 7-story, residential building, set to rise at 827 Sterling Place in Brooklyn's Crown Heights neighborhood. Issued by Urban Standard Capital, this influx of capital will help to fund a majority of the construction costs for the project.

Connect CRE
September 25, 2023
Haussmann Development Lands $39M for BK Rental Building

Haussmann Development has secured a $38.5 million construction loan for its project at 827 Sterling Place in Crown Heights, Brooklyn. The seven-story building will include 76 rental units, with 23 of them designated as affordable housing.

Commercial Observer
September 22, 2023
Urban Standard Capital Makes $38M Construction Loan on Crown Heights Rental

Haussmann Development, a New York City-based developer, has secured $38.5 million in construction financing to build a 76-unit rental property on the site of a demolished parking lot in Crown Heights, Brooklyn, Commercial Observer can first report. The 76-unit project is one of the last to use the now-expired 421a tax abatement.

Yimby New York
September 13, 2023
Housing Lottery Launches For 168 West 136th Street In Harlem, Manhattan

The affordable housing lottery has launched for 168 West 136th Street, an eight-story residential building in Manhattan’s Central Harlem. Designed by architect Nicholas Kazalas and developed by Haussmann Development and Coltown Properties, the structure yields 27 rental units. Available on NYC Housing Connect are nine units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $107,658 to $198,250.

November 30, 2022
Haussmann Development Celebrates First Completion of Several Harlem Projects

Upper Manhattan Assemblymember Al Taylor joined Haussmann Development on Wednesday to celebrate a ribbon-cutting for a new pair of mixed-use buildings in Harlem property at 2750-2754 Frederick Douglass Boulevard.

November 30, 2022
Harlem Assemblyman and City Council Hopeful Al Taylor Calls for Strengthening and Renewing 421-a Tax Exemption

After announcing his bid to challenge Harlem Councilmember Kristin Richardson Jordan for her seat in 2023 last week, this Wednesday Assemblymember Al Taylor vented criticism for an expired development tax break at an event where he coronated a new building the policy helped create.

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