In the Bedford-Stuyvesant area of Brooklyn, Brookland Capital is planning the construction of five buildings on Madison Street, each with seven apartments, according to a permit application filed on Friday, February 17, with the city’s Department of Buildings.
The five apartment buildings would each span around 5,000 square feet across four stories. The buildings will be filling the vacant lots from 654 to 658 Madison, as well as replace the two single-family houses located at 650 and 652 Madison Street. Arc Architecture is the architect of record.
Boaz Gilad, the co-founder of Brookland, said that one-and two-bedroom condominiums will be featured in the proposed buildings.
TRD reports, “Brookland has been a prolific developer of boutique condominium buildings in Brooklyn, focusing on Crown Heights, Bedford-Stuyvesant and Bushwick. The firm specializes in 40-to-90-unit properties, and has raised money on the Tel Aviv Stock Exchange.”
In Ridgewood, Queens, Brookland constructed two apartment buildings last year, each rising five stories. It was the first time the developer ventured into Queens, although that area, located along the border of Bushwick.
By: Norbert Hornquist