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DOWNTOWN BROOKLYN REAL ESTATEC T T 1 U M W T ?u u i t i i a u n$1 1 0 ,0 0 0 T O $.100,0 00OFFERING BY PROSPECTUS ONLY. THIS IS NOT AN OFFERINGWYCK0FF HOUSEat 88 Wyckoff Street offers:^ A roof deck with a panoramic view of the city ^ Fitness center with sauna and steam room exclusively for owners ^ Master Antenna ^ Satellite T.V.^ Terrazzo Lobby ^ Key operated elevators ^ T.V. Security System ^ Fully insulated-energy efficient units ^ Electric metering at reduced utility costsThe 42 spacious condominiums, limited to five per floor, feature:^ Woodburning fireplaces ^ Skyline views ^ Fully equipped Kitchens ^ Walk-in closets ^ Individually controlled heat and air-conditioning ^ Hardwood floors ^ Utility Room in each unit with washer/dryer hook-ups ^ SkylightsThere are three duplex Maisonetteswith private entrancesand two duplexes with gardens.8 8 WYCKOFF STB R O O K L Y N , NY7 1 8 %u2022 5 9 6 %u2022 7 5 7 5Page 28, THE PHOENIX, May 29, 1986Rev. Fred Davie (Phoenix/Koch Photo)The housing market haschanged tremendously in thelast few years. When themajor developments forDowntown Brooklyn wereannounced, prices in housingbegan to go up again andpeople who were somewhatsafe in areas like Ft. Greenecould no longer be certainthat they would havea place to live.Continuedwhat it means to go into negotiations with City Hall, private developers and other officials,%u201d Davie explains. %u201cWe tell them that they don%u2019t have to be victimized, that they can transform and change,%u201d explaining that the leadership for the organization comes from the members of its 38 churches. %u201cThe organization is theirs. We help the people understand that they own the organization and that they see the fruits of their efforts in negotiating for their housing,%u201d the cleric says.GOT SUPPORT OF AFL-CIOThus far the group has been effective in attracting the support of larger organizations, including the New York State AFLCIO and the New York City Partnership and Davie says their affiliation attests to the soundness of the housing program.AFL-CIO%u2019s Ed Cleary spoke at the convention and told those present that the union wanted to turn some of its pension funds and annuity to work to the benefit of the community. %u201cThis is the first project we are turning our attention to and hopefully we%u2019ll be doing it around the state,%u201d he said. The union has agreed to deposit pension funds between $8 and $10 million into banks that will provide low-interest loans for construction of the BEC plan.The union%u2019s support is crucial, according to Davie. %u201cBefore the union started talking about depositing the money, most of the banks wouldn%u2019t even give us a fair hearing,%u201d he says. The short term benefit of the affiliation he said would be %u201cinstitutional support that lends credibility,%u201d and hopes that the relationship between the two organizations would continue in the future.NYC Partnership President Frank Macchiarola, who also addressed the convention, is another important contact for the group. %u201cThis organization represents the real power in people and shows what can happen when that power is directed at a good cause,%u201d he said, and added: %u201cWe will commit the power and resources we have to help you have the houses you deserve.%u201dDavie sees the support of this powerful non-profit organization as appropriate in light of its association with other Downtown Brooklyn development projects. %u201cIf they%u2019re involved with something like Atlantic Terminal they should also be involved in other projects that create a balance,%u201d he says.%u201cWe%u2019re telling the City we have a housing crisis and we have people crying out to us as clergy saying that something must be done. That%u2019s why we%u2019re talking 1,700 units and not 100,%u201d he explains.With support from the City, Davie hopes the project will come to fruition. The sentiment underlying the BEC%u2019s ambitious plan was voiced by him at the convention when he said: %u201cThe image makers in American society want us to think we have no power, but it%u2019s your power, people power. That got us to City hall. And it will be your power that gets the negotiations with HPD and show that they have as much responsibility to us as the business community.%u201dFor more information on BEC and its programs, contact the BEC office at 562 Atlantic Avenue, 858-8803.Members o f BECFollowing are churches and religious com %u00admunities that are mem bers of the BrooklynEcumenical Cooperatives (BEC): BethanyMethodist Church, Bethlehem LutheranChurch, Bushwick M ethodist Parish, Churchof the Open Door, Cuyler-Warren MethodistPresbyterian Church, Duryea PresbyterianChurch, Dr. W hite Com m unity Center,Ebeneezer W esleyan M ethodist Church,Fenimore Street Methodist Church, FirstUnitarian/Universalist Church, and FranciscanSisters of the Poor.Others are: Hanson Place MethodistChurch, John W esley M ethodist Church,Lafayette Avenue Presbyterian Church, MostHoly Trinity Center, Our Lady of CharityRoman Catholic Church, Park SlopeMethodist Church, Sacred H eart RomanCatholic Church, St. Agnes Roman CatholicChurch, St. Ann Roman Catholic Church, andSt. Augustine Roman Catholic Church.Also mem bers of BEC are: St. Charles Borromeo Roman Catholic Church, St. Francis ofAssisi-St. Blaise Roman Catholic Church, St.Ignatius Roman Catholic Church, St. JamesRoman Catholic Church, St. John the BaptistRoman Catholic Church, St. Mark MethodistChurch, St. M ary%u2019s Hospital of Brooklyn, St.M atthew %u2019s Roman Catholic Church, St. PaulMethodist Church, St. Peter Claver RomanCatholic Church, St. Teresa of Avila RomanCatholic Church, Sisters of the GoodShepherd, Sisters of Mercy, Sisters of Charity,Sisters of St. Joseph, Union M ethodistChurch and St. Joseph Roman CatholicChurch.Open House Set for %u2018The Portland%u2019 ApartmentsFulton Street Associates, architects and developers, will hold its second open house for prospective tenants for The Portland, on May 31 and June 1, l-5pm. The Portland is a four-building, gut-rehabilitation project that FSA has spent two-and-a-half years completing. It is located at Fulton and South Portland Streets. The $3,5 million project has been assisted by Brooklyn Union Gas%u2019s Cinderella program and the New York City Community Preservation Corp.The Portland is one of the first buildings to be developed in the Fort Greene-Fulton Street area says James Wagman, who, along with Sammy and Hesky Brahimy, are owners of FSA. Wagman says that the main problem with the project was getting a lender who was willing to fund the project. NYC Community Preservation Corp., which specializes in projects like The Portland, however, came to the project%u2019s rescue, he Says.FSA has already received three applications for apartments in the 45-unit project. There are also two spaces for stores available. FSA hopes to complete the construction by July 15.At the open house, people will be shown Building One, at 112-114 S. Portland St., which has 16-apartments. The other buildings are 108-110 S. Portland St., with 16 apartments; 104-106 S. Portland St., with seven apartments; and 680-686 Fulton St., with six apartments and two stores. For further Information, call 636-8641.Con Ed Expert to TalkPaul Kerzner, attorney and coordinator of Con Edison%u2019s Renaissance Housing Rehabilitation Program in Brooklyn, will speak on the legal aspects of buying a home at a free lecture, June 2 in Manhattan. The lecture is sponsored by the Brownstone Revival Committee and will be at the Donnell Library, 20 West 53rd St., starting at 6pm.Kerzner will take the audience through a typical c o n ira c i anu d o sin g , laking some oi the mystery and mumbo-jumbo out of real estate transactions. His lecture will be followed by a question and answer period. For further information, contact Hilda Shyer at 212-561-2154.

