Greenpoint

affordable housing, Greenpoint, housing lotteries

Transmitter Park via Flickr cc

It’s been a year since leasing launched at Greenpoint‘s 42-unit, no-fee rental 44 Kent Street, and now 13 of those apartments are available through the city’s affordable housing lottery to households earning 130 percent of the area median income. In addition to being located just across the street from Transmitter Park, the building offers a fitness center, rooftop terrace, business center, and parking. The middle-income units range from $2,023/month studios to $2,612/month two-bedrooms.

Find out if you qualify

Greenpoint, New Developments

12 Franklin Street, Simon Baron, FXCollaborative

Image: FXCollaborative/Bezier
Simon Baron Development has announced plans for a seven-story office building at 12 Franklin Street on the Greenpoint/North Williamsburg border. The project, designed by FXCollaborative, will rise in an area bristling with residential development, dining and entertainment choices but with a shortage, according to the developer, of Class A office space geared toward small businesses. The building’s 134,000 square feet of office, retail and rooftop amenity space will include 23,000 square feet of manufacturing space–the building’s design was intended to reinforce the industrial character of the neighborhood. The project is scheduled for public review today.

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Featured Story

affordable housing, Bed Stuy, Bushwick, City Living, Crown Heights, Features, Greenpoint, Inwood, Morningside Heights, NYC Guides, real estate trends, Roosevelt Island, Washington Heights

Columbia campus, via Pixabay

If you can’t bear the idea of living in the dorms for another year, you’re not alone. Unless you happen to go to Columbia where over 90 percent of students live on campus, there’s a high likelihood you’ll be searching for your own apartment at some point during your college years, just like 57 percent of students at NYU and 74 percent at The New School. And if you’re like most students, you’ll be looking for an apartment far from downtown that strikes the right balance between affordability, commutability, and access to services.

To help you make the smartest decision possible, 6sqft has compiled a list of affordable, student-friendly neighborhoods in Manhattan and Brooklyn. By New York City standards, all of these are both safe (e.g., reported fewer than 1.5447 crimes per 1000 people in June 2018) and within reach (e.g., on average, three-bedroom units can still be rented for less than $5,000 per month). Using July 2018 City Realty data on average neighborhood rents, we’ve broken down how much you’ll pay on average to live in a three-bedroom shared unit in each of these neighborhoods. We’ve also provided average commute times to both Union Square, which is easily walkable to NYU, The New School, and Cooper Union, and to the Columbia University campus.

Get the guide

affordable housing, Greenpoint, housing lotteries

215 Freeman Street, Greenpoint, Affordable Housing

Via EXR

A Greenpoint rental building located near the foot of the Pulaski Bridge launched a housing lottery this week for eight middle-income apartments. The development, dubbed Freeman’s Corner, contains two buildings at 215 and 216 Freeman Street. Units boast oversized windows, polished concrete floors, built-in Bluetooth speakers and some feature private balconies. Qualifying New Yorkers earning 130 percent of the area median income can apply for the units, which include four $2,270/month one-bedrooms and four $2,733/month two-bedrooms.

Find out if you qualify

affordable housing, Greenpoint, housing lotteries

197 Freeman Street, Greenpoint

197 Freeman Street via CityRealty

A $2,255/month one-bedroom might not be the deal of the century, but compared to the fact that the same market-rate apartment is asking $3,115, it sure seems like a steal. At 197 Freeman Street in Greenpoint, just a few blocks from the waterfront and right near cool spots like the Lobster Join and Troost, six apartments are available through the city’s affordable housing lottery to New Yorkers earning 130 percent of the area median income. They range from $2,100/month studios to $2,715/month two-bedrooms, and the newly constructed building offers a gym, roof deck, and laundry.

Find out if you qualify

Brooklyn, Greenpoint, Major Developments, New Developments

Rendering posted on the construction fence

On the site immediately south of the former Greenpoint Terminal Market, which was destroyed in a massive fire in 2006, three high-rise buildings are planned, containing hundreds of apartments. As of now, Halcyon Management Group has filed permits for a 19-story, 234-unit tower at 29 West Street, a 14-story, 92-unit tower at 37 West Street and a 33-story, 410-unit tower at 65 Private Drive. CityRealty recently uncovered the first renderings of the Brooklyn project, which show a total of four towers, with two 400-foot towers overlooking the East River, and two smaller buildings situated further inland. SLCE Architects is listed as the architect of record for the three buildings filed.

More this way

Cool Listings, Greenpoint

62 Norman Ave

Located in 62 Norman Avenue, a three-story building built in 1898 on the border of Greenpoint and Williamsburg, this large, 1,250-square-foot duplex condo has been beautifully renovated, blending old and new. With an exposed brick feature wall and beautiful, custom glasswork around the stairs, the stylish two-bedroom is asking $1,395,000.

Get a look

Greenpoint, Long Island City, Urban Design

Rendering via CRÈME / Jun Aizaki Architecture and Design

A Kickstarter campaign launched on Thursday for a civic design project aimed at reconnecting the neighborhoods of Greenpoint and Long Island City and the residents who live there. Brooklyn-based studio CRÈME/ Jun Aizaki Architecture & Design’s concept, called Timber Bridge at LongPoint Corridor, calls for constructing a floating bridge made of durable timber that would sit on Newtown Creek and expand past to the LIRR rail yard in LIC. Not only would it provide people greater access to transit options, according to the design team, Timber Bridge would give bikers and pedestrians a safer commute than the Pulaski Bridge, a less-than-ideal path with lots of cars.

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affordable housing, Greenpoint, housing lotteries

View from one of 56 Box Streets terraces, via Nooklyn

Just two blocks inland from Newton Creek and right near hot spots like the Brooklyn Ice Cream Company, Saint Vitus Bar, and Milk & Roses, a stretch of Box Street is transforming from its industrial past to a more modern, residential block. At 56 Box Street, a new six-story rental, new Greenpoint tenants started moving in last August, and now a middle-income lottery has launched for six of the units, $2,253/month one-bedrooms and $2,716/month two-bedrooms. The market-rate units go from $2,650/month one-bedrooms to $3,300/month two-bedrooms. So while this isn’t the deal of the century, there are still some savings to be had in an up-and-coming ‘hood.

Find out if you qualify

adaptive reuse, Cool Listings, Greenpoint

The former Greenpoint Mechanics and Traders Bank, built in 1895, is now on the market for $6.5 million along with the many opportunities this unusual building presents. Designed in the Renaissance Revival style composed of large red brownstones, red brick and ornate terra cotta detailed accents with massive arched windows on the third floor, 144 Franklin Street is a 5,760-square-foot landmarked three-story mixed-use building with a full height basement. The property is zoned for up to six office spaces on the ground floor and regular basement use, with residential use on second and third floors.

Find out more about this unusual opportunity

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