The affordable housing lottery is now open for 260 Gold Street, a 13-story residential development in Vinegar Hill, Brooklyn. Developed by Solomon Feder‘s Gold Street Realty Holdings and designed by J Frankl Associates, the building yields a total 286 rental units in a mix of studio and one-, two-, and three-bedroom units. Available on NYC Housing Connect are 86 apartments for residents at 130 percent of the area median income, ranging in eligible income from $76,835 to $183,300.
Amenities at 260 Gold Street include a rooftop terrace, various outdoor spaces, a gymnasium with a yoga room and saunas, a pet spa, a game room, private parking spaces for 114 vehicles, and bicycle parking. Other amenities include a residential lounge with a fireplace, meeting room, children’s playroom, screening room, and community laundry room. Residences will have air conditioning, hardwood floors, dishwashers, energy-efficient appliances, and designer finishes. Some units will have patios and balconies.
At 130 percent of the AMI, there are 14 affordable studios with a $2,241 monthly rent for incomes ranging from $76,835 to $118,300; 46 one-bedrooms with a $2,362 monthly rent for incomes ranging from $80,983 to $133,120; 22 two-bedrooms with a $2,849 monthly rent for incomes ranging from $97,680 to $159,640, and four three-bedrooms with a $3,283 monthly rent for income ranging from $112,560 to $183,300. Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than January 13, 2021.