1 Putnam Avenue Update 03/01/24

Developer Lands $16M Loan for 8-Story Mixed-Use Project in Clinton Hill

Developer and general contractor, , has just obtained a $16 million loan for an 8-story, mixed-use project, going up at 1 Putnam Avenue in Brooklyn's Clinton Hill neighborhood. Issued by Popular Bank, this influx of capital will be used to help fund the project's construction costs.

The building will contain residential units and square feet of retail space. Plans also call for a cellar level and an enclosed garage, with enough room for a single vehicle. Designed by , the structure will stand feet tall and total square feet.

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