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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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