Real Estate

Affordable Housing Lottery At 461 Dean Street Starts Tomorrow!

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(Courtesy BerlinRosen.)
(Courtesy BerlinRosen.)

Starting tomorrow, 181 below-market units at 461 Dean Street will become available via affordable housing lottery at NYC Housing Connect. The apartment house is slated to open late this year.

The 32 story building developed by Forest City Ratner in conjunction with the Mutual Housing Association of New York will have 363 rental units, with 181 set aside as affordable housing and city employees, those with disabilities. Residents of community boards 2, 3, 6, and 8 will be given preference in the lottery that will be open from April 27 to June 27, according to a press statement.

461 Dean's affordable housing depends on which income band you're in. (Courtesy Forest City Ratner/MHANYC)
461 Dean’s affordable housing depends on which income band you’re in. (Courtesy Forest City Ratner/MHANYC)
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70 of the units will be available to families making up to $144,960/year, while 100 units will be available to those earning as little as $20,675.

Affordable rents per income band at 461 Dean Street
Affordable rents per income band at 461 Dean Street (Courtesy Forest City Ratner/MHANYC)

Pacific Park was formerly known as Atlantic Yards earlier in its development.

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3 COMMENTS

  1. Stop crying. You ought to be great full that the City is building anything affordable. Where will the money come from to maintain these buildings should be of concern to you.

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