Housing Lottery Kicks Off for $801/Month Middle-Income Apartments in the Brooklyn Cultural District

Posted On Tue, February 9, 2016 By

Posted On Tue, February 9, 2016 By In affordable housing, Downtown Brooklyn, Fort Greene, housing lotteries, New Developments, Rentals

It’s been quite a week to up your chances of snagging an affordable apartment in the city, with housing lottery applications being accepted for 175 West 60th Street, PS 186, EŌS, and 149 Kent Avenue. Now in booming Downtown Brooklyn, near BAM in the Brooklyn Cultural District, the Ashland at 250 Ashland Place has kicked off its lottery process, offering 282 below market-rate apartments, according to the NYC HDC. Unlike many of the recent launches, aimed towards low-income households, the Ashland is geared towards middle-income applicants earning between $28,835 for single individuals up to $200,400 for a family of six. Those who fall within the income guidelines have the opportunity to pay rents ranging from $801 for studios to $3,649 for three-bedroom units.

The Ashland, 250 Ashland Place, NYC affordable housing, Brooklyn Cultural District, Downtown Brooklyn development, FXFOWLE Architects

The Ashland, 250 Ashland Place, NYC affordable housing, Brooklyn Cultural District, Downtown Brooklyn development, FXFOWLE Architects

The Ashland, 250 Ashland Place, NYC affordable housing, Brooklyn Cultural District, Downtown Brooklyn development, FXFOWLE Architects
Construction shots via 6sqft

The 52-story, 568-foot skyscraper rises from a former parking lot and will be the second tallest building in the borough when it opens later this year. The 580,000-square-foot rental tower is being developed by the Gotham Organization and DT Salazar Inc. under HDC’s Mixed Income Program and HPD’s Inclusionary Housing Program, where more than half of its 586 units will be set aside at below-market-rate rents.

The Ashland, 250 Ashland Place, NYC affordable housing, Brooklyn Cultural District, Downtown Brooklyn development, FXFOWLE Architects

The Ashland, 250 Ashland Place, NYC affordable housing, Brooklyn Cultural District, Downtown Brooklyn development, FXFOWLE Architects

FXFOWLE Architects are the designers and provide a conservative masonry and glass curtain wall that complements the brick and mortar neighborhoods of the brownstone belt while still conveying the borough’s exciting future. The ground floor will host 11,000 square feet of retail space and will open onto a plaza shared with BAM’s Theatre for a New Audience.

The Ashland, 250 Ashland Place, NYC affordable housing, Brooklyn Cultural District, Downtown Brooklyn development, FXFOWLE Architects

According to the announcement, amenities will include a 24-hour attended lobby, on-site resident manager, roof deck/terrace, fitness center, playroom, resident lounge, concierge, bike storage, and a laundry room. Additional fees may apply to some amenities. Due to the building’s orientation and location, many units will be granted expansive views of the Manhattan skyline and the East River bridges.

Future Brooklyn Skyline
Google Earth rendering via CityRealty

For future market-rate listings, visit CityRealty. Those who qualify for the lottery can apply here.

RELATED:

Renderings courtesy of FXFOWLE Architects

Tags : , , , ,

Neighborhoods : Downtown Brooklyn,Fort Greene

MOST RECENT ARTICLES

SIGN UP FOR OUR NEWSLETTERS

Thank you, your sign-up request was successful!
This email address is already subscribed, thank you!
Please provide a valid email address.
Please complete the CAPTCHA.
Oops. Something went wrong. Please try again later.