New York City Mayor Eric Adams and New York Governor Kathy Hochul on Tuesday announced the completion of Logan Fountain, a new affordable housing development in Cypress Hills.
The building, constructed on a lot with a vacant gas station with both city and state funding, has 343 new units of affordable, supportive and transitional housing, according to a press release.
“This project will provide exactly the type of long-term stability our families need to help them thrive — providing them access to on-site services, resources and housing," Adams said. "We are thrilled to open this world-class building with crucial supports and energy efficient designs that will make a lasting impact on hundreds of families, and which will serve as a model for how we can smartly address our decades-long housing crisis.”
Logan Fountain, at 265 Logan St., will offer 173 affordable apartments, available to households earning up to 70% of the Area Median Income. The building has a mix of studios, one-, two-, and three-bedroom apartments. Additionally, the building includes ground-floor retail, play areas, a fitness space and a courtyard.
“It’s simple: the only way to address the housing crisis is to build more housing,” said Hochul. “New Yorkers deserve a safe, stable and affordable home. By working together with Mayor Adams and our partners in New York City, we can address the needs in all of Brooklyn’s neighborhoods and create the types of modern and sustainable homes that uplift communities and allow families to grow.”
Of the 173 affordable units, the building has 105 supportive housing units, reserved for individuals and families in need of onsite support services, including case management, career counseling, mental health support and referrals to healthcare. There will also be 169 units of transitional housing for families with children.
The development is a city-state project with investments from the New York City Department of Social Services, the New York City Housing Preservation and Development and the New York State Homes and Community Renewal. Operational funding for the supportive units at Logan Fountain is being provided by the city's 15/15 Supportive Housing Program.
Hudson Companies is the developer and Broadway Builders is the construction company on the project.
