The project also includes a replacement high school for deteriorating Khalil Gibran International Academy, a new elementary school, office space and retail space.
“We are unable to discuss the settlement, however, we are looking forward to creating a positive working relationship with the developer moving forward,” one of the residents who filed the suit told the Brooklyn Eagle.
Demolition is underway at the 80 Flatbush Ave. development site.
“We’re pleased to honor our commitment to establish a Community Benefits Agreement with our neighbors,” a spokesperson for Alloy Development told the Eagle. (In a Community Benefits Agreement, a developer promises to behave well while constructing a project and in exchange, community groups pledge not to oppose the project.)
“Demolition on the site is underway, we look forward to starting vertical construction next spring and to ultimately following through on our promise to deliver 200 units of permanently affordable housing and two new public schools in Downtown Brooklyn,” the spokesperson said.
THE LAW OFFICES OF WALTER JENNINGS
REPRESENTED 400 & 500 STATE STREET IN THIS PROCEEDING
