Corporation for their commitment to this project , which builds upon the vision of the Honorable Dr . Una S . T . Clarke and demonstrates that we have the ability to strengthen the economic viability of our local entrepreneurs and create fully affordable housing in Central Brooklyn .”
“ I am very pleased to see the new visionary redevelopment of the Flatbush Caton Market , ” said Dr . Una Clarke . “ When the initial vendors were moved from the streets to the parking lot with a tent as cover , I never thought they would end up in a building . The community congratulates the de Blasio Administration for the redevelopment of the site to provide affordable housing while preserving the market as a small business hub .”
" The board is delighted to have helped to bring new affordable housing to the neighborhood and preserve the Flatbush Caton Market for its loyal patrons ,” said Alvin M . Berk , chair of Brooklyn Community Board 14 .
“ The Flatbush Caton Market is a cornerstone of the Flatbush community , and it is incredibly gratifying that Caton Flats is now officially underway , " said Meredith Marshall , Managing Partner & Co-founder of BRP Companies . “ This shared vision , which is collaboration between the market vendors , community , and elected officials , will elevate the market while all at once creating hundreds of new units of quality , affordable housing in the neighborhood . I commend Council Member Mathieu Eugene , Borough President Eric Adams , and the City on their leadership in advancing this important project , which will build on the legacy of the Flatbush Caton Market as a center of entrepreneurship and culture , and create new opportunities for affordable housing in the community .”
" We are so excited that with the assistance of New York City Economic Development Corporation ( NYCEDC ), BRP Development Corp ( BRP ), we were able to accomplish this goal , I applaud Mayor Bill de Blasio , Borough President Eric L . Adams , New York City Council Speaker Melissa Mark-Viverito , Council Member Dr . Mathieu Eugene , the Brooklyn Delegations and other Stakeholders for providing the support for this joint historic project in the East Flatbush section of Brooklyn ” said CACCI President and Founder Dr . Roy A . Hastick , Sr . “ This project will provide affordable housing in the 40th Council District , a new Flatbush Caton Market , a home for the Caribbean American Chamber of Commerce and Industry ( CACCI ) headquarters , and the Caribbean Trade Center .”
“ A mixed-use space is a perfect complement to a thriving community and its hard-working vendors and entrepreneurs ,” said Brooklyn Chamber of Commerce President and CEO Andrew Hoan . “ This new development will not only provide a place for Brooklynites to live but a place for them to grow and succeed . Kudos to the Mayor ’ s office , City Council and Borough President Adams for promoting the vitality of the Flatbush neighborhood .”
The Flatbush Caton Market project will create approximately 250 new residential units — all of which will be 100 % affordable — with 22 % available for low-income residents , 30 % available for moderate-income residents , and 48 % available for middle-income residents .
The new market will continue to anchor the corner of Flatbush and Caton Avenues , and new community space will support entrepreneurship through training and capacity-building programs . BRP , a Minority-