Introducing Market Reports—search the largest database of commercial real estate market reports.

Atlantic Rezoning Approved For 4600 New Homes In Brooklyn

Atlantic rezoning approved to bring 4600 homes, including affordable units, to Prospect Heights, Crown Heights, and Bed-Stuy.
Atlantic rezoning approved to bring 4600 homes, including affordable units, to Prospect Heights, Crown Heights, and Bed-Stuy.
  • The City Council approved the Atlantic Avenue Mixed Use Plan (AAMUP), rezoning 21 blocks across Prospect Heights, Crown Heights, and Bedford-Stuyvesant to allow 4,600 new homes.
  • The plan includes 1,900 below-market-rate units, with 25% of housing in private projects required to meet affordability standards under the city’s Mandatory Inclusionary Housing program.
  • The approval follows years of community advocacy and positions AAMUP as a potential model for future city-led rezonings, backed by $215M in infrastructure funding.
Key Takeaways

A Decade In The Making

The City Council’s vote caps more than ten years of advocacy and planning efforts, beginning with Community Board 8’s M-Crown initiative in 2013, reports The Real Deal. The rezoning was ultimately shaped through collaboration with the Department of City Planning, despite being overlooked by the de Blasio administration.

Under AAMUP, the Atlantic rezoning will modernize zoning rules across a 21-block area dominated by outdated industrial and commercial use, allowing for mixed-use residential development. The city projects the full buildout could take up to a decade.

CRE MBA banner with text 'Advance your career

What’s In The Plan?

The rezoning allows residential development along Atlantic Avenue and nearby blocks, with density bonuses granted to projects on lots larger than 30K SF. A few tweaks were made before final approval, including lowering residential density on select parcels and preserving light industrial zoning on a block between Dean and Bergen Streets.

AAMUP projects must meet MIH Option 1, requiring 25% of units be affordable at 60% of area median income.

Beyond MIH: Pushing For Deeper Affordability

Council member Crystal Hudson, whose District 35 includes much of the rezoning area, emphasized the inclusion of 900 deeply affordable units across seven city-owned sites, which will help meet her district’s more stringent affordability goals.

Hudson said 900 units will make two in five new homes affordable, crediting community-led planning for the outcome.

A Response To Displacement

Hudson and Ossé said the rezoning addresses displacement pressures facing Black residents in Bed-Stuy and nearby neighborhoods. In a video message, they argued that expanding housing supply is critical to keeping communities intact.

“People who oppose new housing constitute a pro-landlord lobby,” Ossé said. “We can’t afford to let them win,” Hudson added.

What’s Next

The Adams administration has pledged $215M toward infrastructure upgrades to support the new housing. However, the exact amount of city subsidy required to build the affordable units remains unclear.

The Council also released a new Community Planning Framework to guide future rezonings across New York City. Officials, including City Planning Director Dan Garodnick, pointed to AAMUP as a success story in long-term, community-driven planning.

“This kind of partnership ensures that our plans are not just visionary, but implementable,” Garodnick said.

With more than 4,600 homes now in the pipeline, AAMUP marks one of the most ambitious neighborhood rezonings Brooklyn has seen in recent years—potentially setting the stage for more coordinated, equity-focused development efforts across the city.

RECENT NEWSLETTERS
View All
Housing Market Emerges as Recession’s Leading Threat
May 29, 2025
READ MORE
Memphis Industrial Market Rides Manufacturing Boom
May 28, 2025
READ MORE
Austin’s Tech Star Fades as Talent Heads Back to the Coasts
May 27, 2025
READ MORE
CRE Deal Activity Hits 12-Month Low in March as Investors Shift to ‘Wait-and-See’ Mode
May 26, 2025
READ MORE
Why Now Is the Smartest Time to Be in Multifamily Development
How Multifamily Operators Are Turning Vacancy Into $23K/Month
CRE Daily - No Cap

podcast

No CAP by CRE Daily

No Cap by CRE Daily is a weekly podcast offering an unfiltered look into commercial real estate’s biggest trends and influential figures.

Join 65k+
  • operators
  • developers
  • brokers
  • owners
  • landlords
  • investors
  • lenders

who start their day with CRE Daily.

The latest news and trends in commercial real estate delivered to your inbox. Get smarter about what matters in just 5-minutes or less.