Gateway Elton Street

July 5, 2016

Lottery Opens for 259 Affordable Units in East New York, Starting at $494/Month

As part of his city-wide campaign, Mayor de Blasio has made a push for affordable housing in East New York, where the City Planning Commission recently approved a controversial rezoning. Local residents cited concerns that the changes would lead to displacement and gentrification in a neighborhood where the median income is $35,000 annually. But the city's latest housing lottery offers a whopping 259 units for households earning between $18,275 (single persons) and $71,760 (eight people). The apartments, 50 percent of which are reserved for local residents, range from $494/month studios to $1,322/month four-bedrooms. These units are within the third phase of Gateway Elton Street, a new multi-building affordable housing development with ground-floor retail and community facility space in the Spring Creek section of East New York. In total, it will offer 659 apartments and roughly 70,000 square feet of commercial space. Phase three, located at 1062 Elton Street and 475 Locke Street, was designed by Dattner Architects, who organized the two-building site around a central courtyard with parking and outdoor recreation areas.
More on the development here