Affordable Housing

Housing lottery launches for 230 apartments in Greenpoint

  • Applicants who earn $32,023 to $218,875 are eligible to apply, and rents start at $848
  • The building has a spa and a pool, though the developer may charge a fee for their use
Celia Young Headshot
By Celia Young  |
September 28, 2023 - 9:30AM
A rendering of the residential apartment complex at 85 Commercial Street.

A rendering of the complex at 85 Commercial St.

NYC Housing Connect

Housing lottery applications are open for 230 rent-stabilized apartments at a new development in Greenpoint, Brooklyn. New Yorkers who earn $32,023 to $218,875 are eligible to apply, depending on the size of their household. Rents start at $848 for a studio.

The building at 85 Commercial St. has a gym, spa, pool, children’s playroom, and electric car charging stations, though fees may apply to use the amenities. It’s located just under half a mile from the Nassau Avenue G train station. 

The property is part of a three-tower apartment complex in Greenpoint with 720 units total. Developer David Bistricer, who has previously appeared on the city public advocate’s worst landlord’s list, expects to receive a tax exemption on the building through the city’s 421-a affordable housing incentive program. 

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 $113,000 for a two-person household. The apartments available include studios as well as one-, two-, and three-bedroom apartments. 

There are 19 two-bedroom apartments available for households earning from $61,715 to $91,500. The rent for these apartments is $1,671. 

The developers have set aside 50 percent of the rent-stabilized apartments for applicants who already live in the area, and five percent for NYC employees. Another 5 percent of the apartments are set aside for those with mobility needs and two percent are slated for residents with vision and hearing needs. 

Applications must be submitted online or postmarked no later than Nov. 27th.

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.

 

Celia Young Headshot

Celia Young

Senior Writer

Celia Young is a senior writer at Brick Underground where she covers New York City residential real estate. She graduated from Brandeis University and previously covered local business at the Milwaukee Business Journal, entertainment at Madison Magazine, and commercial real estate at Commercial Observer. She currently resides in Brooklyn.

Brick Underground articles occasionally include the expertise of, or information about, advertising partners when relevant to the story. We will never promote an advertiser's product without making the relationship clear to our readers.

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