A 133-unit rental development in Williamsburg is ready for its first tenants, with 25 apartments slated for winners of a newly announced affordable housing lottery. The 7-story building is located at 125 Borinquen Place, near the entry of the Williamsburg Bridge. Here are the details:
- What: Housing lottery for 25 newly constructed units.
- Who can apply: Households earning 60 percent of the area median income.
- How to apply: Online or through the mail. To apply online, go to NYC Housing Connect. To apply by mail, request an application by sending a self-addressed stamped envelope to 125 Borinquen Place, c/o, St Nicks Alliance, 260 Powers Street, Brooklyn, NY 11211.
- Deadline: Nov. 21, 2018
The studio units will be offered for lease at $801 for a single person, while the 1- and 2-bedroom units will rented for $810 and $974 respectively. To qualify, applicants must earn between $33,875 and $62,580, depending on household size.
The large apartment building is just a block from the Brooklyn-Queens Expressway and has been in development since 2013. It is on a corner lot between Borinquen Place, South 2nd Street, and Rodney Street, and according to Brownstoner, and contains amenities such as a landscaped interior courtyard, a fountain and center atrium, a small space for retail at the ground level plus underground parking for 68 cars.
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