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Douglaston Unveils New Renderings for Mixed-Income Brooklyn Residential

Douglaston Development unveiled new project imagery of Atlantic BK, a 456-unit, mixed-income multifamily development in Brooklyn at the intersection of three neighborhoods: Bedford-Stuyvesant, Clinton Hill and Prospect Heights. A total of 138 units will be permanently affordable.

“We are excited to share new images of Atlantic BK as we near the completion of hundreds of units of much needed affordable and market-rate housing in Bed-Stuy,” said Steven Charno, president of Douglaston Development. “With a strong track record of delivering quality housing to the Brooklyn community, we are grateful to build on this legacy in tandem with our partners to bring this premier residential offering to fruition.”

Douglaston Development acquired the site for $66 million from a partnership led by Totem and BEB Capital and commenced foundation work in May 2022. Ailanthus, Totem’s housing development affiliate, and BEB Capital have co-invested in the project alongside Douglaston and are co-developers of the project throughout all phases.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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