HCR Commissioner RuthAnne Visnauskas Announces Kickoff of $140 Million Capital Improvement Program at Starrett City, in Central Brooklyn


New York State Homes and Community Renewal Commissioner RuthAnne Visnauskas today announced the kickoff of work under a $140 million capital improvements program at Starrett City in Central Brooklyn. The first phase of work involves approximately $40 million in upgrades to the development’s power plant, which provides heat, hot water and air conditioning to Starrett City’s thousands of residents. This will be the power plant’s first comprehensive modernization in its 45-year history. The improvements are part of this May’s agreement for the sale of Starrett City, which extended affordability and Mitchell-Lama protections through 2054, capped rent increases for Starrett City’s residents, and required new ownership to make $140 million in expedited capital improvements for the central Brooklyn development.

Starrett City
Brooklyn, NY
United States