Below-market-rate apartments are now up for grabs in the shorter of two in-the-works towers at Pier 6 in Brooklyn Bridge Park.
The city’s Department of Housing Preservation and Development on Monday launched the lottery for the 100 so-called affordable rentals inside the 140-unit, 15-story high-rise at the foot of Furman Street and Atlantic Avenue, dubbed 15 Bridge Park Drive by its developers.
Available residences include 40 studios, 20 one-bedrooms, 15 two-bedrooms, and 25 three-bedrooms, all of which will be doled out via the lottery based on three income-based affordability tiers. Twenty-five units are priced at 80 percent of the area’s median income — which for households hovers around $109,472, according to 2016 U.S. Cesus Bureau data — another 25 at 130 percent of that figure, and the remaining 50 at 165 percent.
Units offered in the least-expensive tier include:
• Ten studios starting at $1,394 per month for one-person households making between $47,795 and $58,480 annually.
• Five one-bedrooms starting at $1,494 per month for one- or two-person households making between $51,223 and $66,800.
• Four two-bedrooms starting at $1,802 per month for two-, three-, or four-person households making between $61,783 and $83,440.
• Six three-bedrooms starting at $2,075 per month for three-, four-, five-, or six-person households making between $71,143, and $96,800.
All affordable rentals inside the waterfront tower will come with stainless-steel kitchen appliances, in-unit washers and dryers, and nearly floor-to-ceiling windows.
And those lucky enough to score an apartment will also get full use of the high-rise’s amenities, which include separate indoor and outdoor rooftop lounges, a lobby staffed by a part-time doorman, a fitness center, and a children’s playroom.
Market-rate units in the rental building — designed by the same architect from local firm ODA New York who dreamt up its neighboring 28–story condo tower, where builders Oliver’s Realty Group and RAL Development Services started selling units in June — will start renting later this year, according to a rep, who could not confirm the sizes of apartments or their going rates.
Eligible locals must postmark or submit online applications no later than Nov. 9, and the first residents are expected to move into the tower sometime next year, according to the developers, roughly two years after the builders broke ground on the high-rises in the middle of a years-long court case that ended back in February when a judge ruled the buildings could legally go up inside the green space.
To apply for a below-market-rate unit online, visit nyc.gov/ho
©2018 Community News Group
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