A new 25-story rental building in booming Downtown Brooklyn is nearing completion at 33 Bond Street, just a block or two away from almost every subway line and a few blocks from BAM. Developer TF Cornerstone paid $70 million for the site, a former parking garage, in early 2014, partnering with Handel Architects on the rather standard, bulky, glassy design. In total, there will be 714 apartments, 143 of which have been set aside as affordable. These below-market rate units are now up for grabs through the city’s affordable housing lottery and range from $897/month studios to $1,166/two-bedrooms for households earning 60 percent of the area median income.
The building is 732,312 square feet with 55,938 square feet on the ground and cellar levels reserved for retail space. The apartments average 790 square feet and have access to amenities including a sun terrace, fitness center, computer lounge, dog grooming, party rooms, laundry room, and bike storage (some of these require additional fees).
Qualifying New Yorkers can apply for the affordable apartments until April 14, 2017. Residents of Brooklyn Community Board 2 will be given preference for 50 percent of the units. Complete details on how to apply are available here (pdf). Questions regarding this offer must be referred to NYC’s Housing Connect department by dialing 311.
Use 6sqft’s map below to find even more ongoing housing lotteries.
If you don’t qualify for the housing lotteries mentioned, visit CityRealty.com’s no-fee rentals page for other apartment deals in the city. And find future market-rate listings for 33 Bond Street here.
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Renderings via TF Cornerstone
Neighborhoods : Downtown Brooklyn