Last Chance to Apply for 282 Middle-Income Apartments at Downtown Brooklyn’s 250 Ashland Place

Posted On Mon, April 11, 2016 By

Posted On Mon, April 11, 2016 By In affordable housing, Architecture, Downtown Brooklyn, housing lotteries, New Developments, Rentals

Today is your last chance to apply for 282 affordable housing units at 250 Ashland Place in Downtown Brooklyn. The 52-story skyscraper rises from the heart of Brooklyn’s cultural district and is near a multitude of subway lines, the Atlantic Terminal transit hub, and the Barclays Center.

Developed by the Gotham Organization, the skyscraper encompasses 580,000 square feet of space and soars 568 feet into the burgeoning Brooklyn skyline, making it the second tallest in the borough after the nearby rental tower AVA DoBro. Designed by New York-based FXFowle Architects, the building is sheathed in a contextual brick and glass exterior, relating both to the charming brownstones of Fort Greene and the dynamism transforming Downtown Brooklyn.

The Ashland, 250 Ashland Place, Downtown Brooklyn (1)

250 Ashland Place

Under HDC’s Mixed Income Program and HPD’s Inclusionary Housing Program, more than half the building’s 586 units will be set aside at below-market-rate rents. Those apartments are 56 studios, 113 one-bedrooms, 85 two-bedrooms, and 28 three-bedrooms available to households earning between $28,835 and $200,400 per year, depending on family size. Prices will begin at $801 per month for the studios, $861 for one-bedrooms, $1,042 for two-bedrooms and $1,196 for three bedrooms. The units will be rent stabilized and the monthly rent includes gas.

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

Amenities will include a 24-hour attended lobby, fitness center, playroom, resident lounge, concierge, bike storage, and laundry, but additional fees might apply. Many units will provide far-reaching views of the cityscape that include the East River and the Manhattan skyline.

The Ashland - Downtown Brooklyn Skyline
Downtown Brooklyn skyline from the Gowanus Canal. 250 Ashland Place is on the right-side of the photo next to The Hub (with the crane) and the glassy 66 Rockwell Place

Future Brooklyn Skyline
Via CityRealty

A preference for half the affordable units will be given to residents who live in Community Board 2, and city employees get a preference for 5 percent of the units. Applications are due today, April 11. Apply online though the city’s affordable housing lottery website here.

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Neighborhoods : Downtown Brooklyn

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