Affordable Housing

Housing lottery launches for 115 rent-stabilized apartments in Greenpoint

  • New Yorkers who earn $64,012 to $218,010 are eligible to apply, and rents start at $1,782 for a studio
  • The 41-story building on Greenpoint’s waterfront has views of the East River and Manhattan’s skyline
Celia Young Headshot
By Celia Young  |
July 25, 2024 - 9:45AM
A rendering of the 41-story building at 16 Dupont Street.

A rendering of the 41-story building at 16 Dupont St., dubbed The Dupont, in front of Manhattan's skyline.

Rendering courtesy VMI Studio

Housing lottery applications are open for 115 rent-stabilized apartments at a new development on the Greenpoint waterfront. New Yorkers who earn $64,012 to $218,010 are eligible to apply, depending on the size of the household. Rents start at $1,782 for a studio.

The pet-friendly building at 16 Dupont St. has a gym, pool, business center, media room, party room, children’s playroom, and a spa (though residents will be charged extra to use the amenities). It’s located half a mile from the Greenpoint Avenue subway stop on the G train line.

Dubbed The Dupont, the 41-story building holds 381 apartments total with views of the East River and Manhattan’s skyline. Gerner Kronick + Valcarcel designed the property, developed by a partnership between Park Tower Group and the Rockefeller Group (yes, that Rockefeller). 

A rendering of the pool at the building at 16 Dupont Street.
Caption

A rendering of the rooftop pool at The Dupont.

Credit

Rendering courtesy VMI Studio

The 115 rent-stabilized apartments are set aside for New Yorkers earning from 80 to 130 percent of the area median income (AMI)—a metric that depends on how many people you live with. Currently the AMI for New York City is $124,300 for a two-person household. The apartments available include studios, one-, and two-bedroom units. 

There are 39 two-bedroom apartments available for households earning from $137,178 to $218,010 per year. The rent for these apartments is $4,001 a month. 

The developers have set aside 20 percent of the rent-stabilized apartments for applicants who already live in the area. Future lotteries will use a lower ratio as a result of a lawsuit settlement, which claimed the practice of community preference perpetuates segregation and violates the Fair Housing Act. Check out: "NYC agrees to cut percentage of housing lottery units set aside for nearby residents."

Another 5 percent of the apartments will be preferentially given to NYC employees. A small percentage of the apartments are also set aside for residents with mobility, vision, and hearing needs. 

Applications must be submitted online or postmarked no later than Sept. 18th.

A rendering of the Dupont, a 41-story tower, front-facing.
Caption

The 470,000-square-foot building at 16 Dupont St. reaches 41 stories high, as seen in this rendering. 

If you’re interested and think you might qualify for one of these apartments, you can create a profile and apply online via NYC Housing Connect. For details on this particular lottery, click here. Don’t apply more than once, or you could be disqualified.

Winning a rent-stabilized apartment can be life changing: Rent increases are capped and lease renewals are automatic, providing long-term stability for NYC renters. Need more information on how the housing lottery works? Check out “6 steps for applying to NYC's affordable housing lottery.”

For some advice from successful applicants read “How to land a rental apartment through NYC's affordable housing lottery.” And if you or someone you know is having trouble with the application process, consider reaching out to a housing ambassador in the community.

Note: Brick Underground is in no way affiliated with New York City’s Department of Housing Preservation and Development or the Housing Development Corporation. If you are interested in applying to these or other affordable housing developments, please go to NYC Housing Connect for information and instructions.

Have you successfully won an apartment through the affordable housing lottery? If you have first-person advice to share about the process, we’d love to hear from you. Please send us an email. We respect all requests for anonymity.

Celia Young Headshot

Celia Young

Senior Writer

Celia Young is a senior writer at Brick Underground where she covers New York City residential real estate. She graduated from Brandeis University and previously covered local business at the Milwaukee Business Journal, entertainment at Madison Magazine, and commercial real estate at Commercial Observer. She currently resides in Brooklyn.

Brick Underground articles occasionally include the expertise of, or information about, advertising partners when relevant to the story. We will never promote an advertiser's product without making the relationship clear to our readers.

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