"The remaining 13 units in the lottery are for households earning 130 percent AMI, or $87,840 to $227,500 a year. There is one studio for $2,400 a month, seven one-bedroom apartments for $2,790, and five two-bedroom units at $3,250."
"Designed by Issac & Stern Architects and developed by EMP Capital Group, the building is covered with a grid of windows, textured brickwork, and dark paneling. The latter begins at a setback that steps up from the 10th floor."
"The large range of amenities include a movie theater, game room, pet washing station, sauna with a cold plunge pool, pickleball court, yoga room, spa, and garden. Amenities may require an additional fee, the listing says."
"City records show EMP Capital Group purchased the multi-site package in October 2019 for $20 million. After a tumultuous rezoning process initially blocked by local Council Member Crystal Hudson, in 2021 the City Council voted 48-1 to approve the rezoning."
The new residential building features 13 lottery units for households earning between $87,840 and $227,500 annually. Apartment options include one studio, seven one-bedrooms, and five two-bedrooms, with monthly rents ranging from $2,400 to $3,250. The building replaces older structures and includes modern design elements. Amenities include a movie theater, game room, and spa, with some requiring additional fees. Market-rate apartments have higher rents, and the development was approved after a contentious rezoning process in 2021.
Read at Brooklyn Paper
Unable to calculate read time
Collection
[
|
...
]