Live in John Catsimatidis’ curvy Downtown Brooklyn rental tower from $833/month

Posted On Thu, January 26, 2017 By

Posted On Thu, January 26, 2017 By In affordable housing, Downtown Brooklyn, housing lotteries, New Developments, Rentals

Rendering of 86 Fleet Place via Goldstein, Hill & West (L); Construction as of October 2016, via CityRealty

Way back in 1982, the CEO and owner of Red Apple Group, John Catsimatidis (you may know him better as the billionaire owner of Gristedes or for his failed Republican run in the last mayoral election) paid $500,000 for a 2.5-acre, four-block site in Downtown Brooklyn, on the western edge of Fort Greene. Thirty-five years later, construction is wrapping up on the final, and by far the tallest, of the four-tower development. The curving glass building at 86 Fleet Place was designed by Goldstein, Hill & West and will rise 32 stories/350 feet and house 440 rentals, 29 of which are set aside as affordable and have just come online through the city’s affordable housing lottery. They range from $833/month studios to $1,247/month three-bedrooms and are available for those earning 45 to 60 percent of the area media income.

Red Apple Group, John Catsimatidis, Brooklyn rentals, Dattner Architects, Goldstein Hill & West, Brooklyn developments

As of October, the tower had received two-third of its glass facade, as CityRealty reported, on track for its 2017 opening. Residences begin on the third floor and span an average of 871 square feet; many units in the top two setbacks will have private balconies. Building amenities include a fitness center, rooftop terrace, residents’ lounge, children’s playroom, party room, 143-spot parking garage, and bike storage. A single-story podium at street level will hold retail space.

86-fleet-place-lottery

Qualifying New Yorkers can apply for the affordable units at 86 Fleet Place starting tomorrow until March 28, 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 86 Fleet Place here.

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Neighborhoods : Downtown Brooklyn

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