Housing lottery launches for 59 rent-stabilized apartments in Greenpoint
- Households that earn $67,475 to $218,010 are eligible to apply, and rents start at $1,869 for a studio
- Before building, the developer had to remediate the lot, formerly home to the NuHart Plastics factory
- The development at 75 Dupont St. has a gym, elevator, roof terrace, shared laundry room, and parking
Housing lottery applications are open for 59 rent-stabilized apartments at a new development in the northern Brooklyn neighborhood of Greenpoint. Households that earn $67,475 to $218,010 are eligible to apply, depending on the number of people you live with. Rents start at $1,869 for a studio.
The building at 75 Dupont St. has a gym, elevator, roof terrace, shared laundry room, plus parking garages and bike storage lockers. It’s located about half a mile north of the Greenpoint Avenue station that serves the G line.
Developed by Madison Realty Capital, the building sits on a former commercial and manufacturing lot most famously occupied—and polluted—by the NuHart Plastics factory. Chemicals from the factory leaked into the soil, requiring the developer to remediate the site, which encompasses 65 and 75 Dupont St., Greenpointers reported.
Madison Realty and MNS Real Estate started leasing the market-rate units at 75 Dupont St. in October. The entire development will hold 473 units, and Madison Realty plans to begin leasing at the second apartment complex, 65 Dupont St., next year, according to the developer.
The apartments are set aside for New Yorkers earning from 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 units available include studios as well as one- and two-bedroom apartments.
There are 15 one-bedroom apartments available for households earning from $72,172 and $111,840. The rent for these apartments is $1,993.
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 Jan 21st.
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.
