38 Sixth Avenue

affordable housing, Brooklyn, Policy

Pacific Park Brooklyn, Atlantic Yards, Pacific Park master plan, Greenland Forest City Partners, Thomas Balsley Associates

In every state and major city in the country, extremely low-income renters face a shortage of affordable housing. Although low-income applicants in New York City display a higher need for affordable housing, policies created by Mayor de Blasio and his administration continue to set aside more units for middle-income applicants. In a detailed report, City Limits analyzed affordable housing in Brooklyn and compared the need for affordable housing to the actual number of allotted low-income and middle-income units. For just one building, the tower at 535 Carlton, nearly 95,000 households entered the lottery for its “100 percent affordable” units. However, only 2,203 applicants were eligible for the 148 middle-income units, and over 67,000 households applied for the 90 low-income units. The data shows low-income households in search of affordable housing face much tougher odds than middle-income applicants.

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affordable housing, housing lotteries, New Developments, Prospect Heights, Rentals

Last spring, the first housing lottery opened at Pacific Park Brooklyn when 181 affordable units at SHoP’s 461 Dean Street (the world’s tallest modular tower) came online. It was followed a few months later by 298 openings at 535 Carlton Avenue, COOKFOX‘s entirely affordable building, and now the third set of apartments for low- to middle-income New Yorkers is open. SHoP Architects also designed an all-affordable building at 38 Sixth Avenue, adjacent to the Barclays Center, and as of today these 303 residences are up for grabs, ranging from $532/month studios to $3,695/month three-bedrooms. Households earning between 101 and 165 percent of the area media income (or up to $173,415 annually) are eligible for 198 of the units, while 105 units are set aside for those earning between 30 and 100 percent (as low as $20,126 a year).

More details and the whole qualification breakdown