Project Address

45 Clermont Avenue,
7 Clermont Avenue,
8 Vanderbilt Avenue
Wallabout, Brooklyn

Scope

96,000 s.f. , 101 apartments
(45 Clermont Avenue)

116,000 s.f., 112 apartments and 6,000 s.f. commercial space
(7 Clermont Avenue)

113,000 s.f., 99 condominium units and
1,600 s.f. commercial space
(8 Vanderbilt)

23 single-family townhouses,
3,018 average s.f.

32,000 s.f common green

Completion Date

2017

Contractors

L&M Builders Group LLC,
Congress Builders LLC

Capital Financing

NYC HDC, NYC HPD, NYS HCR,
JPMorgan Chase Bank,
JPMorgan Capital Corporation,
Wells Fargo Bank, N.A.

Type

Multiphased new construction,
low, moderate and market rate rental
housing, homeownership (both
townhouses and cooperatives), mixed-use

Role

Project Management under Dunn Development
Corp., co-Developers with L&M Development Partners Inc

Architects

Curtis + Ginsberg Architects LLP,
FXFowle Architects, LLP
Todd Rader + Amy Crews Landscape Architecture LLC

Development Costs

$27.3 Million (45 Clermont Avenue)
$35.6 Million (7 Clermont Avenue)
$37.5 Million (8 Vanderbilt Avenue)
$24.9 Million (Townhomes)