On Monday, October 22, Brooklyn Borough President Marty Markowitz joined the Fifth Avenue Committee, city representatives, area lawmakers and business leaders to break ground on Atlantic Terrace, a mixed-use and affordable housing development on Atlantic Avenue at South Oxford Street. When completed, Atlantic Terrace will contain 80 cooperative units, half of which will be affordable to low income families and another 25 percent affordable to middle income residents. The building will also feature 12,000 square feet of ground floor retail space and 87 subgrade parking spaces. Atlantic Terrace will be a Leadership in Energy and Environmental Design (LEED) Gold building—the largest affordable “green” building in Brooklyn.

Atlantic Terrace is being built by the Fifth Avenue Committee and its partners, MAP Development and Line Development.

“Atlantic Terrace is a shining beacon for the future of environmentally-conscious and affordable housing in Brooklyn and beyond,” said BP Markowitz. “From a former brownfield will spring Brooklyn’s largest affordable ‘green’ building—testament to what happens when the private and public sectors roll up their sleeves and work together for the betterment of both the economy and the environment. Affordable and green—it’s what we call a ‘match made in Brooklyn!’”