Rabsky affiliate launches plans for major Bed-Stuy residential project

An affiliate of powerhouse developer Rabsky Group filed plans for two residential projects in Bed-Stuy totaling 197 units, marking a new conquest. Rafael Rabinowitz filed two plans with the Department of Buildings to construct a 99-unit project at 1150 Broadway and a 98-unit project at the neighboring 1164 Broadway. Both buildings will be 11 stories, records show. The architect is Kao Hwa Lee Architects PincusCo first reported the news.  The projects, if completed, will mark another example of how developers are building rental projects in the wake of the state’s passage of the 485-x tax abatement.  The 485-x tax incentive […] This article originally appeared on The Real Deal. Click here to read the full story.