Lottery Launches for 76 Affordable Units at 300 Ashland Place, From $889/Month

Posted On Mon, July 25, 2016 By

Posted On Mon, July 25, 2016 By In affordable housing, Downtown Brooklyn, housing lotteries, New Developments, Rentals

It’s been 14 years since Enrique Norten‘s ship-like design was chosen to sail upon a triangular site in an ambitious arts district planned for the area around the Brooklyn Academy of Music. Initially proposed as an eight-story glass building to house the Brooklyn Library for the Visual and Performing Arts, the project was altered to a mixed-use high-rise when Two Trees Management was brought onboard during the economic downturn in 2008.

Now officially known as 300 Ashland Place, the slab-shaped tower is a silvery 32-story icon that architecture critic Carter Horsley praises as a “gleaming, but mysterious steed” in the emerging Downtown Brooklyn skyline. It will house a smattering of public uses in addition to 379 apartments above. Earlier this July, leasing began on the 300 market-rate apartments that go for roughly $2,850/month for studios, $3,600/month for one-bedrooms and $5,750/month for two-bedrooms. And now, a housing lottery has launched for the 76 affordable units that include $889/month studios, $949/month one-bedrooms, and $1,087/month two-bedrooms.

300 Ashland Place , TEN Arquitectos, Two Trees Management, Downtown Brooklyn rentals, BAM Cultural District

300 Ashland offers expansive windows, affording residents light-filled apartments with far-reaching view over the city. Units also feature built-out closets, pre-installed blackout shades, washer/dryer bundles, in-sink garbage disposals, and keyless entry.

300 Ashland Place , TEN Arquitectos, Two Trees Management, Downtown Brooklyn rentals, BAM Cultural District

300 Ashland Place , TEN Arquitectos, Two Trees Management, Downtown Brooklyn rentals, BAM Cultural District

The pet-friendly building has an attended lobby, 24-hour concierge, a fitness center, a resident lounge, on-site parking, a bike room and a sun-deck designed by James Corner Field Operations. The podium of the tower will front a 20,000-square-foot public plaza. Inside the base will be a branch of the Brooklyn Public Library, BAM’s Hamm Archives Center, and 651 ARTS.

300 Lafayette Stree, Ten Arquitectos, Enrque Norten, Two Trees Management

Qualifying New Yorkers can apply for the affordable units at 300 Ashland until September 19, 2016. Residents of Brooklyn Community Board 2 will be given preference for 50% of the units. Complete details on how to apply are available here (pdf).

300 Ashland Place , TEN Arquitectos, Two Trees Management, Downtown Brooklyn rentals, BAM Cultural District

Use 6sqft’s map below to find even more ongoing housing lotteries.

If you don’t qualify for the housing lotteries mentioned, visit CityRealty’s no-fee rentals page for other apartment deals in the city. You can also view 300 Ashland’s market-rate listings here.

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Neighborhoods : Downtown Brooklyn

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