Housing lottery launches for 58 rent-stabilized apartments in Gowanus
- Households that earn $31,989 to $167,700 are eligible to apply, and rents start at $848 for a studio
- The new development has a gym, yoga studio, pool, media room, elevator, and a roof terrace
Housing lottery applications are open for 58 rent-stabilized apartments at a new development in Gowanus, Brooklyn. New Yorkers who earn $31,989 to $167,700 are eligible to apply, depending on the size of the household. Rents start at $848 for a studio.
The building at 240 Third Ave. has a gym, yoga and dance studio, pool, media room, business center, an elevator, and a rooftop terrace. It’s located near the Union Street subway station serving the D, N, R, and W lines.
Developed by Tavros Holdings and Charney Companies, the nine-story building holds 216 apartments total, according to the developers. The completed 210,000-square-foot building, which also uses the alternate address of 585 Union St., is the first of four properties Charney plans to build in Gowanus, according to Charney.
“We are proud to be providing deeply affordable permanent housing in Gowanus,” said Andrew Steiker-Epstein, chief data officer and brokerage president at Charney Companies. “We recognize the vast need for quality affordable housing for New Yorkers and it is central to our mission as developers to deliver this.”
The apartments are set aside for New Yorkers earning from 40 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 as well as one-, two-, and three-bedroom apartments.
There are 13 two-bedroom apartments available for households of more than one person earning from $41,109 to $67,080. The rent for these apartments is $1,071.
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. 3rd.
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.
