Affordable Housing Lottery in Gowanus Offers $903 Rents

"The new building, steps away from the Gowanus Canal, includes a dance studio and rooftop deck. Included in the lottery for 251 Douglass Street are 65 studio, one- and two-bedroom apartments, all rent stabilized and income restricted, 52 of which are truly affordable. Those are set aside for families earning 40 and 60 percent of the Area Median Income, or between $34,766 and $105,000 a year for households of one to five people."

"Eight units are studios going for $903 and $1,397 a month, 19 are one-bedrooms at $961 and $1,491 a month, and 25 are two-bedroom apartments going for $1,142 and $1,777 a month. The other 13 apartments are aimed at households of one to five people earning 100 percent of AMI, or $85,612 to $175,000 for households of one to five people."

"In addition to the dance studio and roof deck, the building has bike storage lockers, electric vehicle charging, a gym, basketball court, coworking space, and children's playroom, according to the listing. Residents are allowed two dogs per apartment, but are subject to breed restrictions."

Douglass Port Apartments, a 15-story building at 251 Douglass Street in Gowanus, is accepting applications for its affordable housing lottery through this month. The development includes 65 rent-stabilized, income-restricted apartments ranging from studios to two-bedrooms. Fifty-two units target families earning 40-60% of Area Median Income, with rents from $903-$1,777 monthly depending on unit size and income tier. Thirteen additional units serve households at 100% AMI. The building, designed by Fogarty Finger and developed by Charney Companies, features amenities including a dance studio, rooftop deck, gym, basketball court, coworking space, and children's playroom. It is one of four buildings in the Gowanus Wharf complex.

Read at Brownstoner