Housing lottery launches for 35 rent-stabilized apartments in East Williamsburg
- New Yorkers who earn $35,829 to $218,010 can apply, and rents start at $933 for a one bedroom
- The pet-friendly new development has a roof terrace, gym, yoga studio, and parking
A rendering of the nine-story building at 828 Metropolitan Ave. in East Williamsburg, Brooklyn.
Housing lottery applications are open for 35 rent-stabilized apartments at a new development in East Williamsburg, Brooklyn. New Yorkers who earn $35,829 to $218,010 are eligible to apply, depending on the size of the household. Rents start at $933 for a one-bedroom apartment.
The pet-friendly building at 828 Metropolitan Ave. has a gym, roof terrace, yoga and dance studio, bike storage lockers and parking. It’s located near the Graham Avenue subway stop with service to the L train.
Designed by Issac & Stern Architects and Paris Forino Interior design, the wavy, art-deco building holds 136 apartments total. It replaced two townhouses, a gas station, and a parking lot between Metropolitan and Bushwick avenues, Brownstoner reported.
Prospect Developers II, led by managing director Konstantin Gubareff, built the nine-story building, according to Department of Buildings records. The Metropolitan Avenue building isn’t Gubareff’s first project in north Brooklyn; his firm Prospect Development sold a luxury rental property in Williamsburg to private equity firm The Carlyle Group and Z+G Property Group for $97.5 million last year, according to deal broker firm JLL.
The apartments are set aside for New Yorkers earning between 40 and 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 $108,700 for a single person. The apartments available include studios as well as one-, two-bedroom apartments.
There are nine one-bedroom apartments available for households earning from $35,829 to $55,920. The rent for these apartments is $933.
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 Aug. 9th.
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.
