The Innovative Urban Village (IUV) is a multiphase development that will be an ecosystem of opportunity for area community members. The first phases of the project are currently under construction on the eastern edge of the 10.5-acre campus of the Christian Cultural Center (CCC). CCC, with a congregation of over 60,000 members, will be at the center of this newly-created micro economy, which will also bring 1,975 new residential units, nearly 900 of which are currently being built, and initial leasing commercing in 2026.
IUV will have interior, pedestrian-friendly streets providing easy access to community amenities including the new grocery store,
daycare, neighborhood retail, public open space, a performing arts center and workforce training center. These resources will also be easily accessible by surrounding residences, including some of the larger developments such as Linden Houses and Spring Creek.
EAST NEW YORK INNOVATIVE URBAN VILLAGE
Corner of Pennsylvania & Flatlands Avenues
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.