The affordable housing lottery has launched for The Brook, a 51-story residential building at 589 Fulton Street in Downtown Brooklyn. Designed by Beyer Blinder Belle and developed by Witkoff Group and Apollo Global Management, the structure yields 591 residences. Available on NYC Housing Connect are 178 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $64,766 to $227,500.
Amenities include pet-friendly policies, a dog washing station, bike storage lockers, a shared laundry room, common area Wi-Fi, gym, yoga and dance studio, pool, outdoor areas, recreation room, business center, children’s playroom, storage, on-site resident manager, concierge, and community events and classes. Residences feature washers and dryers, air conditioning, hardwood floors, smart controls for heating and cooling, and name-brand kitchen appliances, countertops, and finishes. Tenants are responsible for electricity.
At 80 percent of the AMI, there are two studios with a monthly rent of $1,793 for incomes ranging from $64,766 to $103,680; two one-bedrooms with a monthly rent of $1,918 for incomes ranging from $69,498 to $116,640; and four two-bedrooms with a monthly rent of $2,292 for incomes ranging from $83,520 to $140,000.
At 130 percent of the AMI, there are 21 studios with a monthly rent of $2,950 for incomes ranging from $104,435 to $168,480; 45 one-bedrooms with a monthly rent of $3,425 for incomes ranging from $121,166 to $189,540; 80 one-bedrooms with a monthly rent of $3,575 for incomes ranging from $126,309 to $189,540; nine two-bedrooms with a monthly rent of $4,125 for incomes ranging from $146,366 to $227,500; and 15 two-bedrooms with a monthly rent of $4,250 for incomes ranging from $150,652 to $227,500.
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than August 1, 2025.
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more bait and switch, a certain percentage of those units was supposed to be truly affordable originally, if iam correct over seen by 5th ave committee, so now it just more high priced apartments over seen by this group, more segregated housing policies in Brooklyn
That’s not affordable housing. People cannot afford these prices for a one bedroom or studio unit.
Yeah. It might be cheaper than what this kind of place would cost market rate but not much, if any, cheaper than a crappier appartement, the program should subsidize housing, not a fancier lifestyle imo..
affordability is relative. This type of lottery only increases the market-rate rent
If people can’t afford these apartments, they will remain unrented.
Let’s call it what it is: unaffordable housing.
Yet the total cost of the building was subsidized by tax payers. Why are we subsidizing market-rate aka unaffordable apts?