The affordable housing lottery has launched for The Brooklyn Tower, a 93-story residential supertall at 55 Fleet Street in Downtown Brooklyn. Designed by SHoP Architects and developed and built by JDS Development, the 1,066-foot structure yields 550 residences. Available on NYC Housing Connect are 120 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $90,172 to $215,150.
The Brooklyn Tower at 55 Fleet Street in Downtown Brooklyn via NYC Housing Connect
The Brooklyn Tower at 55 Fleet Street in Downtown Brooklyn via NYC Housing Connect
The Brooklyn Tower at 55 Fleet Street in Downtown Brooklyn via NYC Housing Connect
The Brooklyn Tower at 55 Fleet Street in Downtown Brooklyn via NYC Housing Connect
Amenities include an attended lobby, package valet, pet-friendly policies, dog park, common area Wi-Fi, media room, children’s playroom and playground, recreation room, library lounge, billiards room, screening room, meeting room, fitness center, basketball court, and a storage, recycling center, on-site resident manager, rooftop deck with barbecue grills and a fire pit, and a 75-foot-long lap pool and kids pool. Residences come equipped with washers and dryers, air conditioning, hardwood floors, high-speed internet, and name-brand kitchen appliances, countertops, and finishes. Tenants are responsible for electricity.
The Brooklyn Tower at 55 Fleet Street in Downtown Brooklyn via NYC Housing Connect
The Brooklyn Tower at 55 Fleet Street in Downtown Brooklyn via NYC Housing Connect
The Brooklyn Tower at 55 Fleet Street in Downtown Brooklyn via NYC Housing Connect
Tenants get one month free on a first lease term and a $500 security deposit on any unit size. There are additional membership fees for the Life Time Fitness gym in the podium, which includes group fitness and private training, cafe, and chiropractic services.
The Brooklyn Tower at 55 Fleet Street in Downtown Brooklyn via NYC Housing Connect
The Brooklyn Tower at 55 Fleet Street in Downtown Brooklyn via NYC Housing Connect
The Brooklyn Tower at 55 Fleet Street in Downtown Brooklyn via NYC Housing Connect
The Brooklyn Tower at 55 Fleet Street in Downtown Brooklyn via NYC Housing Connect
At 130 percent of the AMI, there are 57 studios with a monthly rent of $2,630 for incomes ranging from $90,172 to $138,840; 44 one-bedrooms with a monthly rent of $2,811 for incomes ranging from $96,378 to $156,130; 18 two-bedrooms with a monthly rent of $3,360 for incomes ranging from $115,200 to $187,330; and one three-bedroom with a monthly rent of $3,872 for incomes ranging from $132,755 to $215,150.
The Brooklyn Tower at 55 Fleet Street in Downtown Brooklyn via NYC Housing Connect
The Brooklyn Tower at 55 Fleet Street in Downtown Brooklyn via NYC Housing Connect
The Brooklyn Tower at 55 Fleet Street in Downtown Brooklyn via NYC Housing Connect
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than May 30, 2023.
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All occupied apartments are affordable to someone. However, the income requirements for the “affordable” units are well above that of most people in the city. Apparently, a court case against New York’s rent regulations has made it up to the door of the US Supreme Court having lost in the lower courts. Should the case be heard, I suspect we can predict the outcome with the more conservative justices in the majority. Requirements for affordable units, rent control, and rent stabilization could possibly vanish. The social disruption would be immense.
Don’t mind me. I’m, again, just here for the application request comments.
Hello Harrison; Google Housing Connect and click on Lotteries and select Affordable Housing buildings based on salary range and sign up…..Put in your email as well….
here we go again.
Calling this “affordable housing” is a sad joke on the taxpayers of NYC.
This is INCOME LINKED HOUSING and only affordable to upper income people, not the low or middle income people who need housing the most.
It’s incredible but the multi millionaire developer of this property gets a NYS taxpayer subsidy for this blsht.
421A is DEAD.
At 130 percent of the AMI, there are 57 studios with a monthly rent of $2,630 for incomes ranging from $90,172 to $138,840; 44 one-bedrooms with a monthly rent of $2,811 for incomes ranging from $96,378 to $156,130; 18 two-bedrooms with a monthly rent of $3,360 for incomes ranging from $115,200 to $187,330; and one three-bedroom with a monthly rent of $3,872 for incomes ranging from $132,755 to $215,150.
Here YOU go again, guesser! Do you seriously think they should save some units in the newest, greatest, all the bells and whistles building in Brooklyn (tenth tallest building in all of NYC) for some hobos? It’s “affordable” (that word!) if you make $150K per year! Duh!
BoroDoug
I don’t think low income people making $30-$40,000 a year before taxes would like to be known as “hobos”
and who gives a crap that it’s the 10th tallest building in Brooklyn. So wtf does that have to do with it?
The multi millionaire developer of this property got a 30 year NYS TAXPAYER subsidy using the now dead 421A program to build “affordable housing” and instead built “INCOME LINKED” housing at 130% AMI from $90,172 – $215,150.
The whole point of 421A was to give developers incentives to build LOW AND MIDDLE income linked housing, not income linked housing for the rich. Duh!
This is a sad joke when we have a housing crisis for low and middle income people of NYC.
Wtf does that have to do with it? It’s literally the fanciest building in Brooklyn, and you don’t understand why LOW and MIDDLE income people should look elsewhere for lodgings? “Affordable” to whom, guesser? People with incomes that can “afford” it! This isn’t that hard!
Why does Guesser copy and paste the same post twice?
BoroDoug,
Are you suggesting that we should segregate low and middle income people to certain neighborhoods?
The multi millionaire developer chose to use the 421A subsidy at 130% AMI
He could have just built it for the rich using his own money without the subsidy, but he didn’t.
You ignored my main point.
The multi millionaire developer of this property got a 30 year NYS TAXPAYER subsidy paid for by MINE AND YOUR TAXES using the now dead 421A program to build “affordable housing” and instead built “INCOME LINKED” housing at 130% AMI from $90,172 – $215,150.
The whole point of 421A was to give developers incentives to build LOW AND MIDDLE income linked housing, not income linked housing for the rich. This isn’t that hard!
When most people hear affordable housing , they don’t think of INCOME LINKED housing for upper income people.
Those incomes are DEFINITELY middle class in 2023 NYC. Taxes eat up about +30% before that even hits your pocket as well. It doesn’t go as far as low income people think.
You live in a bubble.
Tell that to the low and middle income people in the $25,000-$75,000 income bracket who are struggling to find an affordable place to rent that
$90,172 – $215,150 is DEFINITELY middle class.
Tell that to people making 100-150k with a family. You can’t rent anything good for that money either. You seem to think subsidies should only be for the lowest incomes and people making a bit more than that can just move out of the city….
that’s correct subsidies for low income people not for millionaire developers to build housing for upper income people.
421A is dead
here we go again.
To call this “affordable housing” is a joke.
This is INCOME LINKED HOUSING and only affordable to upper income people, not the low or middle income people that need housing.
The multi millionaire developer gets a NYS taxpayer subsidy to build housing for the rich?
WTF !
421A is DEAD so this has stopped temporarily.
At 130 percent of the AMI, there are 57 studios with a monthly rent of $2,630 for incomes ranging from $90,172 to $138,840; 44 one-bedrooms with a monthly rent of $2,811 for incomes ranging from $96,378 to $156,130; 18 two-bedrooms with a monthly rent of $3,360 for incomes ranging from $115,200 to $187,330; and one three-bedroom with a monthly rent of $3,872 for incomes ranging from $132,755 to $215,150.
Guesser, the lowest income requirement of 90,172 is not “upper income” by a long shot. Maybe 30 or 40 years ago but not in 2023. It’s not even six figures! 150k and above is more within the upper income status today, though even rent, taxes and inflation will eat up a lot of that amount as well
William,
$150,000 is the bottom of upper income? Wow you live in a bubble.
tell that to the people who are considered low income making $30,000-$40,000 a year before taxes and struggling to find an affordable apartment, that $90,172 to $138,840 isn’t considered upper income.
What do you think their response would be ?
They would probably look at you in astonishment how disconnected you are to their daily lives
Tell people who make 250k-millions that $90,172 to $138,840 is upper and they will look at you in astonishment. $90,172 to $138,840 Really is lower middle class nowadays whether you believe it or not.
tell that to the people who are making $30,000-$75,000 struggling every day to find an affordable place to live that $90,172 to $138,840 is lower middle class.
Bloomberg recently posted a story talking about how a 100k salary in New York City feels more like 36k because of the steep cost of living and having to pay for rent, taxes, inflated food prices, and simply getting around the city. So by that measure, 100k isn’t a lot and there’s no way you can argue with those facts and numbers and make people believe the adjusted cost of living with the lowest six figure salary is still considered a high income. Maybe in Montana or West Virginia but in this case, not NYC.
If you think you’re so smart and believe Bloomberg is in a bubble of their own as well, I honestly wish you took the time to reach out to them and make your argument and on other websites that also reached the same analysis. Your own piece of crap bubble is more pretentious and smug than ever Guesser, or is it Guessers, your phony second username?
I would appreciate you posting the links to the Bloomberg story and all the other websites you mentioned .
I take whatever I read from any news source that’s owned by Billionaires whether it’s Bloomberg, WSJ( Murdoch), NY Times(Shulzberger family),WAPO (Jeff Bezos)etc. with a shred of doubt.
Most reporters are lazy and half the time they just repost press releases, like YIMBY does.
Guesser, what you consider high income would’ve been more accepted in the 1990s and 1990s but not in 2023. Time to adjust your perception and get of out YOUR bubble (oh the irony…)
Tell that to the people in the $30,000-$75,000 bracket that are struggling to find an affordable place to live in this city that $90,172 to $215,150 isn’t high income.
Guesser, you realize that press releases have always been constantly sent to multiple news affiliates for ages don’t you? Are you really saying that every time writers at other sites like Curbed, 6sqft, Archdaily, the New York Times, Dezeen, Fox News, or The Washington Post get a press release, they’re immediately deemed lazy? They’re not only done and used for advertisement, but to also ensure quality and to prevent errors in presenting facts and figures across various news outlets, tv channels, and websites.
And if you’re so adamant about these income figures, I’d love to see you call JDS Development Group or Douglas Elliman and hear you rant your dispute to them and see if they’ll listen. And you can’t just tell people to not listen or read your comments if someone points out your flaws.
Everyone is entitled to free speech, but you’ve shown time and time again how you’ve lost your sense of respect and maintaining a level-headed dialect with people without having a daily bit*h fit over the internet
Is this April Fools?
” they’re not only done and used for advertisement, but to also ensure quality and to prevent errors in presenting facts and figures across various news outlets, tv channels, and websites.”
Press releases are just puff pieces sent out by the developers and can say anything they want. There is no fact checking by reporters to point out errors or falsehoods in them.
Have you ever seen YIMBY or any other press person point out errors or misconstrued info in press releases ?
No, they just reprint them, that’s being lazy.
All my comments point out the absurdity of these millionaire developers using 421A NYS taxpayer subsidies to build high income linked housing instead of low or middle income housing for the people who really need it.
Every YIMBY comment to my posts totally ignores the substance of these facts.
Nice summary Craig and to hell with Guessers and Guesserss
John,
play nice, just like your mommy told you.
I guess you didn’t read Craig’s comment that well?
“Everyone is entitled to free speech, but you’ve shown time and time again how you’ve lost your sense of respect and maintaining a level-headed dialect with people without having a daily bit*h fit over the internet”
John,
play nice, just like your mommy told you.
I guess you didn’t read Craig’s comment that well?
“Everyone is entitled to free speech, but you’ve shown time and time again how you’ve lost your sense of respect and maintaining a level-headed dialect with people without having a daily bit*h fit over the internet”
Says the guy that curses and yells at more people than anyone on Yimby.
like i said before, high income market rate earners can live in very desirable area, while the majority of new low income affordable housing units being built in high crime, un desriable areas, dam sicking
Joe,
unfortunately , there aren’t any millionaire developers who took advantage of the
NYS taxpayer subsidy program 421A to build low income linked housing.
They all build at 130% AMI for upper income people and head for the bank to never be seen again.
Are “guessers” and “guesser” the same? And why?
For real though I’ve been confused by that and belief it’s the same man or woman using two different usernames run by the same person like some scam artist 🙄
this is what concerns you?
this is what you’re concerned about?
That’s what you’re concerned about?
this is what you care about?
this is what you really care about?
Holy f*cking sh*t Guesser you’ve completely lost your mind…
Guessers and Guesserss (whichever is the real person) , what kind of person would ask and write the same question five times in a row? You don’t sound like an adult, you sound completely insane and immature like a spoiled bratty child begging and whining in public lmao
Jeez talk about verbal harassment; you sound like a crackhead, guessers
Guessers, you’re denial and attempt to spin the question around on us further enhances that claim.
All my comments point out the absurdity of these millionaire developers using 421A NYS taxpayer subsidies to build high income linked housing instead of low or middle income housing for the people who really need it.
Every YIMBY comment to my posts conviently ignores the substance of these facts and tries to make it personal.
Everyone; Go to Housing Connect and sign up for the Affordable Housing Connect buildings….. Google it, check on Lotteries, and sign up….. Also put in your email…..
It just crazy how they call these developments “AFFORDABLE HOUSING”. Affordable housing should be for those who are Low & middle class working people. It’s not fair to those who make under 80,000 and needs housing the most. Where is the support for those? So if this is “Affordable Housing”, where do those who make less than 80-100,000 go to look for apartments in New York. Even those who are accepted for these apartments end up still moving out to look else where, paying 2000 n change for a studio is insane. New York needs to do better in helping their population. It’s bad.
You think it’s fair to someone making 100k? You think they have great options for finding a place in a desirable neighborhood?