The Domain Companies, in partnership with VOREA Group, Silverstein Properties, and Cantor Fitzgerald, L.P., has launched an affordable housing lottery for 90 homes at 420 Carroll in Gowanus, Brooklyn. The affordable homes, which are reserved for families earning between 40 and 100 percent of the area median income, represent 25 percent of the total 360 apartments in the development. The project was designed by FXCollaborative.
420 Carroll is made up of a 21-story tower and an adjacent 16-story tower connected by a below-ground tunnel. The project offers a range of amenities, including coworking and affordable art studios, outdoor green spaces, a fitness center, a children’s playroom, and bike storage. It also features 27,000 square feet of commercial and retail space and a 470-foot-long public promenade along the Gowanus Canal.
420 Carroll’s sustainability-oriented features include Wi-Fi-enabled induction stoves, a variable refrigerant flow system for heating and cooling, and electric vehicle charging stations. The developers are aiming to achieve LEED Gold or Platinum level certification. Construction began in May 2022, and move-ins are expected to begin in fall 2024.
“As the first development borne from the Gowanus Neighborhood Rezoning to launch an affordable housing lottery, this milestone at 420 Carroll represents an important stride for the development of the neighborhood,” said Matt Schwartz, co-CEO of The Domain Companies. “With all the apartments at 420 Carroll inspired by the character of Gowanus, we are excited to offer affordable homes equipped with state-of-the-art amenities and sustainable design features to the community.”
Subscribe to YIMBY’s daily e-mail
Follow YIMBYgram for real-time photo updates
Like YIMBY on Facebook
Follow YIMBY’s Twitter for the latest in YIMBYnews
Be the first to comment on "Affordable Housing Lottery Launches For 420 Carroll In Gowanus, Brooklyn"