Downtown Brooklyn

33 Bond Street Launches Lottery For 108 Additional Affordable Units

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33 Bond Street (Image via TF Cornerstone)

33 Bond Street in Downtown Brooklyn launched Phase II of its affordable housing lottery today, offering an additional 108 units to applicants.

Located between Schermerhorn and Livingston Streets, the 25-story, 714 unit, mixed-use development launched a lottery for 143 affordable apartments earlier this year. The deadline to apply for those units was in April.

Starting today, applications are being accepted for 108 additional affordable units in the luxury rental building with amenities including a 24-attended lobby, on-site residence manager, fitness center, sun terrace, computer lounge, laundry room, party rooms, pet grooming, and bike storage. Chelsea Piers plans to open a 52,000-square-foot fitness facility at the base of the building in 2018.

Seventy-two (72) units will be available to applicants earning 40% of the area median income. These units include 26 studios for $613/month; 26 one-bedrooms for $659/month; and 20 two-bedrooms for $801/month. The income requirements for applicants for these apartments range from $22,903 for an individual and go up to $38,160 for four people.

The remaining thirty-six (36) units will be reserved for applicants earning 120% of the area median income. These units include 13 studios for $1,949/month; 13 one-bedrooms for $2,091/month; and 10 two-bedrooms for $2,519/month. The income requirements for applicants for these apartments range from $68,709 for an individual and go up to $114,480 for four people.

The deadline for applications is October 17, 2017. Click here to apply.

 

 

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