What is the budget and commercial profile for the project “Atlantic Chestnut Affordable Housing Phase Three”?

Taiyo normalizes the budget of “Atlantic Chestnut Affordable Housing Phase Three” to USD 850000000.

Where can I verify the source and access all details for “Atlantic Chestnut Affordable Housing Phase Three”?

This Taiyo project page references Hoodline along with the original URL (https://hoodline.com/2026/04/east-new-york-s-atlantic-chestnut-megaproject-finally-breaks-ground-on-last-tower/). Taiyo standardizes official data into a consistent, searchable project profile.

Atlantic Chestnut Affordable Housing Phase Three

Q: What is the latest status of the project “Atlantic Chestnut Affordable Housing Phase Three”?

The status recorded for “Atlantic Chestnut Affordable Housing Phase Three” is under construction.

Sector: Manufacturing (Industrial) • Location: New York City, New York, United States

Source: Hoodline

Project

Under Construction

The third and final building of the Atlantic Chestnut affordable housing complex in East New York, a 14-story tower with about 326 below-market apartments, retail space including a supermarket, and community amenities. This phase completes a full-block redevelopment replacing long-vacant industrial lots with new housing and neighborhood services.

Status: Under Construction
Sector: Manufacturing (Industrial), Commercial, Road, Residential
Location: New York City, New York, United States of America
Updated: 22 Jul 2026
Source: Hoodline

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Project Information

4 Q

The project “Atlantic Chestnut Affordable Housing Phase Three” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in New York City, New York, United States. Taiyo aggregates data on it from Hoodline.

Participants

Not available for this record.

Status

Original status	under construction
Taiyo status	Under Construction
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	The third and final building of the Atlantic Chestnut affordable housing complex in East New York, a 14-story tower with about 326 below-market apartments, retail space including a supermarket, and community amenities. This phase completes a full-block redevelopment replacing long-vacant industrial lots with new housing and neighborhood services.
Original sector	Real Estate & Development
Budget

Location

Country	United States of America (USA)
State	New York
City	New York City

Source

Source	Hoodline
URL

More Details

Record type	Project
Sector	Manufacturing (Industrial), Commercial, Road, Residential
Article published date	2026-05-02

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