With city and state officials in attendance, Gilbane Development, Blue Sea Development and Artspace Projects, Inc. broke ground Tuesday on the Brownsville Arts Center & Apartments (BACA) project. Located on a city-owned site at 366 Rockaway Ave. in Brooklyn’s Brownsville neighborhood, BACA will create 283 new affordable rental apartments and a 28,000-square-foot cultural arts center with a 3,440-square-foot multi-purpose performance, rehearsal, and studio space for community arts groups.
BACA is expected to cost $254 million, with the Adams administration contributing nearly $100 million in city subsidies, including $88.1 million in housing subsidies. Completion is expected in December 2027.
“The Brownsville Arts Center & Apartments will be so much more than a home — it will be a thriving hub for people to gather for performances, for students to learn about the arts, and for local cultural organizations to grow,” said Yarojin Robinson, SVP, affordable & mixed-income housing, Gilbane Development.
On October 23, 2025, Connect New York Apartments Investment & Finance brings together leading owners, investors, developers, brokers, and lenders—all under one roof—to explore adaptive reuse strategies, capital markets challenges, distressed asset opportunities, and the dynamic complexities of New York’s multifamily market
Synergy held the official opening of Altitude Worcester, the largest office-to-residential conversion in Massachusetts, with a ribbon cutting ceremony with Juana Matias, the Secretary of the Massachusetts Executive Office of Housing and Livable Communities , and the City of Worcester. The event also marked the completion of 22 Elm St., the adjacent affordable homeownership community Synergy...
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The Massachusetts Bay Transportation Authority (MBTA) has issued a request for qualifications from would-be redevelopers of its downtown Lynn, MA commuter parking garage. It’s the first of a two-step process, to be followed by a request for proposals. The five-story garage opened in 1992 and has been partially closed since 2022 over safety concerns, ItemLive...
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Suncrest Apartments, a 45-unit multifamily community located at 1800 Evergreen Street in Walla Walla, Washington, has sold for $4.3 million. Kidder Mathews Vice President Max Frame of the Simon | Anderson Multifamily Team in Seattle represented the seller, Art Griff, in the transaction. The buyer was Jason Zook. Situated on 1.72 acres, Suncrest Apartments consists...
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