40-story Downtown Brooklyn tower opens lottery for 69 apartments, from $2,950/month
All renderings courtesy of Triangle Equities & The Michaels Organization
A new residential skyscraper in Downtown Brooklyn launched a housing lottery this week for 69 middle-income apartments. Located at 111 Willoughby Street, the 40-story Maxwell Downtown Brooklyn development offers impressive skyline views and amenities like a landscaped roof deck and top-floor lounge. New Yorkers earning 130 percent of the area median income can apply for the units, priced at $2,950/month studios, $3,300/month one-bedrooms, and $4,347/month two-bedrooms.
Developed by The Michaels Organization, Geolo Capital, and Helaba Bank and designed by GF55, the mixed-use tower contains a total of 227 rental units, 69 of which are designated as affordable, according to CityRealty.
The apartments feature in-unit washers and dryers, wood flooring, and generous closet space. Kitchens come equipped with stainless steel appliances, quartz stone countertops, and Marazzi tile backsplashes.
Amenities include bike storage, a fitness center, a yoga and dance studio, a party and recreation room, a media room, a 40th-floor sky lounge, a landscaped roof deck with grills, dining, and lounging areas, package lockers, concierge services, and pet-friendly features, including a dog park.
The building also includes a 20,000-square-foot community space for St. Boniface Roman Catholic Church, which is slated to become the Newman Parish Center, according to Triangle Equities.
Maxwell Downtown is conveniently located across from the Jay Street–MetroTech subway station, served by the A, C, F, N, R, and W lines. Additional subway access is available via the 2, 3, 4, and 5 lines nearby, and several bus routes also pass through the area. The Long Island Rail Road is accessible at the nearby Atlantic Terminal.
The development team has also launched market-rate leasing, handled exclusively by Corcoran New Development. Move-ins are slated to begin this summer.
“We’re honored to partner with Triangle Equities to further introduce this Class-A space to Downtown Brooklyn’s dynamic and energetic asset mix,” Kristina Vagen, regional vice president of development for The Michaels Organization, said.
“We eagerly look forward to welcoming our first residents and tenants to Maxwell Downtown Brooklyn this summer.”
Qualifying New Yorkers can apply for the apartments until June 25, 2025. Complete details on how to apply are available here.
Questions regarding this offer must be referred to NYC’s Housing Connect department by dialing 311.
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