Assembyman Hakeem Jeffries: 65 Brooklyn Condo Developments In Or Near Financial Distress

Assembyman Hakeem Jeffries: 65 Brooklyn Condo Developments In Or Near Financial Distress

Sixty-five residential buildings in central Brooklyn are either financially troubled or on the verge of distress, according to a recent survey conducted by Democratic Assemblyman Hakeem Jeffries.

These properties are market-rate residential buildings at least four stories high located in the neighborhoods of Fort Greene, Clinton Hill, Prospect Heights, Crown Heights and Bedford-Stuyvesant. Many are luxury developments in different stages of completion.

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