Bawabeh Holdings seeks rezone to build up to 972 units in East Flatbush
East 98th Street project portion (Credit - IMC Architecture)
Bawabeh Holdings through the entity Midyan Gate Realty No. 2 LLC submitted an application with the city seeking zoning changes to develop approximately 972 residential units in a nine-building development with a total of 1.2 million square feet along East 98th Street in the East Flatbush neighborhood of Brooklyn.
The application for Uniform Land Use Review Procedure (ULURP) has two separate documents, and one describes a slightly smaller version of the project, with 786 dwelling units and 778,374 square feet. The document with the larger figures is the Environmental Assessment Statement.
Application 2024K0299 LINK
The architect, IMC Architecture, has published plans on its website under project name East 98th Street.
The proposed action seeks to facilitate a massive mixed-use development consisting of 972 dwelling units across nine buildings. These structures are planned to reach heights of 14 to 15 stories, or approximately 145 to 155 feet.
The project area encompasses 31 lots totaling approximately 164,382 square feet along East 98th Street, bounded by Rutland Road to the north and Kings Highway to the south.
The developer is petitioning the city to change the existing C8-2 zoning district to C4-4 and C4-4D districts. This shift is required because the current C8-2 designation permits automotive and heavy commercial services but strictly prohibits the residential uses the applicant intends to introduce.
Under the city’s Mandatory Inclusionary Housing program, the development would include between 194 and 292 permanently affordable housing units.
The total building program anticipates approximately 1,214,755 gross square feet of development, including 923,347 square feet of residential space, 136,112 square feet of retail, and 103,472 square feet of community facility space. The proposal also includes 114 accessory parking spaces.
The project is expected to be completed in two 45-month phases, totaling a 90-month construction period. The first phase would focus on development sites located on Block 4633, followed by a second phase on Block 4616. If the proposed actions are approved, the developer anticipates a build year of 2035.
The block
On this tax block, PincusCo has identified the owners of nine of the 10 commercial properties representing 269,482 square feet of the 269,482 square feet. The largest owner is Bawabeh Holdings, followed by Joseph Popack. There are no active new building construction projects on this tax block.
The surrounding
Within a 400-foot radius of 166 East 98 Street, PincusCo identified two commercial real estate items of interests occurred over the past 24 months. Of those two items, two were loans above $5 million totaling $81.9 million. The most recent of the two was MHANY Management in which borrowed $64.4 million from Citizens Bank secured by the 11,170-square-foot, six-unit rental (C2) on 145 Rockaway Parkway and 13 other properties on January 12, 2026.
Direct link to the property’s ACRIS page and link to DOB NOW portal.