Developer Plans Skyscraper in Crown Heights, Brooklyn with Potential for 355 Residential Units

Plans have been revealed for a massive new residential project in Crown Heights, Brooklyn, with developer Isaac Schwartz at the helm. The project, located at 970 Franklin Avenue, has the potential to yield up to 355 units across its ten stories.

The 289,957 square-foot lot was purchased for a whopping $54.3 million from The Continuum Company, making it one of the most expensive land deals in the neighborhood. The property is situated between Montgomery Street and Sullivan Place, in a prime location for development.

While details on the project are still scarce, it is expected to be a high-rise building with a mix of residential units. This development is just one of several in the works for Crown Heights, which has seen a surge in interest from developers in recent years.

"Crown Heights is a vibrant and growing community, and we are excited to be a part of its continued evolution," said Schwartz in a statement. "We look forward to bringing a new, modern residential option to this neighborhood."

However, some residents and community groups are already expressing concerns about the potential impact of such a large development. The neighborhood has already seen its fair share of gentrification and displacement, and many are worried that this project will only exacerbate these issues.

Originally reported by New York YIMBY.

https://newyorkyimby.com/2025/09/plans-announced-for-970-franklin-avenue-in-crown-heights-brooklyn.html