A rental tower in Brooklyn’s long-plagued Pacific Park development is currently accepting applications for its affordable housing waitlist. The 363-unit building at 461 Dean Street opened in 2016, with its affordable housing lottery launching that same year. Three years later, the building’s lottery waitlist has opened, inviting New Yorkers earning 160 percent of the area median income to apply for the not-so-affordable $2,025/month studios and $2,541/month one-bedrooms.
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, Wed, September 26, 2018
A new rendering of B4, the development’s tallest tower planned
The development of Pacific Park, a 22-acre mixed-use complex near the Barclays Center, has entered its next phase Greenland Forest City Partners announced Wednesday. The developer is bringing on TF Cornerstone and the Brodsky Organization as development partners for the project. The duo will develop three parcels at the site, which include three rental buildings, a new public school, and new open space. Greenland also announced construction is set to begin in the spring for the park’s tallest tower, a more than 500-foot tall tower designed by Perkins Eastman.
More details here
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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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
Image via Field Condition
After boasting that it had “cracked the code” on modular construction, with plans for a Brooklyn factory, developer Forest City Ratner is exiting the prefab building business, reports the New York Times. The factory at the Brooklyn Navy Yard will be sold to Roger Krulak, a former Forest City executive, along with the technology used to construct the world’s tallest prefabricated steel structure, the 32-story 461 Dean Street in the Pacific Park complex in Brooklyn. Construction on the building has just been completed and 461 Dean is weeks from getting its first residents.
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Things are heating up over at Pacific Park Brooklyn, the 22-acre Prospect Heights site anchored by the Barclays Center and containing eight million square feet of mixed-use development. Last month, an affordable housing lottery kicked off for 300 units at the COOKFOX-designed 535 Carlton Avenue, and now the architects’ other residential building at 550 Vanderbilt Avenue is making celebrity headlines.
The Post reports that Oscar-winning actress Lupita Nyong’o was looking at apartments in the 17-story luxury condo, specifically a $2.89 million three-bedroom, corner unit.
Get the scoop on her potential purchase
It’s been almost two years since architects COOKFOX were selected by developer Greenland Forest City Partners to design two residential buildings at their Pacific Park Brooklyn project, the 22-acre site anchored by the Barclays Center and containing eight million square feet of mixed-use development. COOKFOX took the helm for 550 Vanderbilt Avenue, a 275-unit condo, and 535 Carlton Avenue, a 298-unit affordable rental. A housing lottery for the latter will open tomorrow, according to a press release, offering low, moderate and middle-income residents the chance to apply for apartments ranging from $548/month studios to $3,716/month three-bedrooms.
Find out if you qualify
Photo of the construction progress at 461 Dean Street in January, via Field Condition
After suffering delays, lawsuits, leaks and alignment issues, Pacific Park’s 461 Dean Street (aka the B2 Tower) is finally wrapping up construction and has just launched its affordable housing lottery. The 32-story structure from SHoP Architects will be the world’s tallest prefab tower, and of its 363 units, 181 will be available to low- and middle-income households. This will range from $559/month studios to $3,012 two-bedrooms and from individuals earning $20,675 annually to families of four earning $144,960.
Get a look at the apartments and find out if you qualify
Image via Field Condition
When it was announced that Brooklyn would be host to the world’s tallest prefab tower, many believed that a new era of construction was upon us. Called the B2 Tower, the building would rise as stacked 32-story structure, affording all the perks of a conventional edifice, but be quick and inexpensive to build. But as it has been well-documented, the project, announced way back in 2012, has been a major flop. Stricken with delays and countless lawsuits flying left and right, the building today has only reached about half of its height. So where did things go so wrong? A fascinating piece by the Atlantic Yards/Pacific Park Report‘s Norman Oder on City Limits provides some incredible insight into the project that has failed to deliver on just about every promise put forward.
- A new exhibit at the Museum of the Moving Image explores the online cat phenomenon and why people can’t get enough of characters like Lil Bub. [DNAinfo]
- Listen to puppet Johnny T’s rendition of “New York, New York.” Perhaps our favorite line is “So what there’s hipsters here. There’s hipsters… everywhere.” [YouTube]
- The 820 feet of construction walls for Pacific Park Brooklyn will get adorned with ten 10-foot x 40-foot murals. [NYT]
- Since FAO Schwarz has officially closed, Mary Arnold Toys on the Upper East Side is now the oldest continuously run toy store in the United States. [Village Voice]
- The South Ferry subway station is the loudest in the city. [NYP]
- Join the Lower East Side Preservation Initiative for a two-night event celebrating street art and the Lower East Side, which includes a talk by artist Al Diaz. [6sqft inbox]
Images: Lil Bub (L); Mary Arnold Toys (R)