The
Alhambra, a highly elaborated apartment block original built in 1889 by
the prominent Brooklyn architect Montrose W. Morris as a blend of
Romanesque Revival and the Queen Anne styles. The building was not
adequately maintained and fell into complete disrepair by the 1980s.
Vacant for years, in 1994 it experienced a devastating fire and was a
source of significant neighborhood blight. Anderson Associates proposed an
extensive rehabilitation of the Alhambra to create a mixed use residential
building. A complex financial structure was proposed that combined
numerous disperate financial sources. Overcoming numerous impediments and
bad fortune, the restoration of this historic building has helped return
the economic and residential vitality of Nostrand Avenue, and essential
retail core of Bedford Stuyvesant. The the rehabilitation of the
property has created a landmark of unusually high quality. The tenants are
working class and the rent structure is extraordinarily favorable. The
Alhambra represents a hallmark marriage between affordable housing
development and historic preservation.