A year ago, more than 56,000 people applied for 86 affordable apartments at The Lightstone Group’s new residential rental building at 365 Bond Street. Now the twin building in the new development along the rehabilitated Gowanus Canal is looking to fill its 54 affordable housing units at 363 Bond Street, which Lightstone has since sold to Atlantic Realty Development.
> Read how this woman won a housing lottery
The 12-story rental building at 363 Bond Street holds 268 rental units. The target audience for these 54 affordable units are income earners who are at 60 percent of the area median income, which means single renters must earn between $29,897 and $38,100 for 20 studio units at $833 per month.
Another 23 units are available for single and 2-person households who earn between $32,057 to $43,500 a year. Rent for these 1-bedroom units is $895 a month.
The other 11 units include two bedrooms for 2-person households making between $38,503 and $43,500; 3-person households earning between $38,503 and $48,960; or 4-person households with annual incomes between $38,503 to $54,360. Rental rates for these affordable units is $1,082 a month.
A preference for some units will be given to those applicants already living in Community District 6 (Red Hook, Park Slope, Carroll Gardens and Cobble Hill).
The deadline to apply is May 19, 2017. Qualified applicants can apply via the NYC Housing Connect site. Applications can also be obtained by requesting an application by mail. Send a self-addressed envelope to: Fifth Avenue Committee-621 Degraw Street, Brooklyn, NY 11217.
Together, 363 and 365 Bond Street have brought 700 apartments to Gowanus, along with commercial, retail and community space within the new buildings. Amenities at 363 Bond include a 24-hour attended lobby, gym, playroom, outdoor gardens, an on-site resident manager and in-unit Bosch washer and dryer. Extra fees will get residents into amenities such as an outdoor deck, barbecue grills, a swimming pool, a resident lounge, bike storage and shuffle board.
If you’re interested in this stretch of Brooklyn, The New York Times just ran a great piece about the neighborhood’s comeback.
Related:
- Essex Crossing on LES Offering 104 Affordable Units Via Lottery
- 181 Front Street Offers Sweet Lottery for 21 Affordable Units
- 33 Bond Street Opens Affordable Housing Lottery