Real Builders has begun construction on the second phase of Radson Development’s Linden Terrace project located in Brooklyn, NY. The second phase of project 160 affordable rental units housed in an approximately 175,000 square feet building. Building amenities offered to tenants will include a community room, children’s playroom, and bike storage. This project is being financed under HPD’s ELLA program, using HDC issued bonds, with Bank of New York Mellon as the project lender.
In an effort to further Radson’s commitment to Sustainable Building practices, heating and cooling will be provided through Variable Refrigerant Flow heat pumps with heat recovery and ventilation for common spaces will be supplied through Energy Recovery Ventilators. The domestic hot water system will be an all-electric four-part plan consisting of solar thermal, air cooled hot water electric heat pumps, geothermal water-cooled electric heat pump, and domestic water pre-heating, utilizing waste heat from the VRF system. This building was awarded a grant through NYSERDA’s Building of Excellence competition.
Residential units will be leased and managed by Spring Management & Leasing. This projects also contains NYC 15/15 units, which will be available to formerly homeless families and will be managed by The Bridge.