Myrtle Avenue Development Near Flatbush Avenue Gets $155M In Funding

Myrtle Avenue Development Near Flatbush Avenue Gets $155M In Funding
Image via Dattner Architects.
Image via Dattner Architects.

Development on the west end of Myrtle Avenue that borders Downtown Brooklyn continues apace, with The Real Deal reporting that $155 million in financing has been secured for one of for four buildings planned for between Fleet Place and Navy Street.

The 32-story apartment building at 86 Fleet Place — and adjacent developments at 81 Fleet, 180 Myrtle and 218 Myrtle — are the project of former mayoral candidate John Catsimatidis and his Red Apple Group. Retail space, including a supermarket, are planned for the block — which sits across from the Ingersoll Houses and across the street from MetroTech.

Image via Dattner Architects.
Image via Dattner Architects.

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