Renderings courtesy of the NYC Department of Housing Preservation and Development
A 29-story mixed-use tower in Brooklyn designed by Morris Adjmi Architects is now accepting applications for 80 affordable apartments. Located on the corner of Atlantic and Clinton Avenues in Clinton Hill, 539 Vanderbilt Avenue (also known as 550 Clinton Avenue), contains 284 total apartments and 60,000 square feet of commercial space. New Yorkers earning 70, 80, and 130 percent of the area median income can apply for the apartments, priced from $1,320/month studios to $3,897/month three-bedrooms.
Developed by Hope Street Capital, the project included the restoration of the neighboring landmarked Church of St. Luke and St. Matthew in exchange for air rights to build the new tower.
Approved by the Landmarks Preservation Commission in 2018, the mixed-use building has a unique facade inspired by the Romanesque architecture of the church and gently twists, allowing for views of the church’s belfry.
The development consists of a four-story podium that stretches the length of the block and a 29-story tower. Amenities include a fitness center, game lounge, and an outdoor pool on top of the podium.
Qualifying New Yorkers can apply for the affordable units until July 7, 2022. Fifty percent of the units are set aside for residents of Brooklyn Community District 2. Complete details on how to apply are available here. Questions regarding this offer must be referred to NYC’s Housing Connect department by dialing 311.
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.
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