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Old 10-18-2017, 11:31 AM
PQM PQM started this thread
 
Location: Brooklyn
93 posts, read 194,096 times
Reputation: 46

Advertisements

More Affordable Rentals Available at Pacific Park Brooklyn's 535 Carlton
Avenue

Tuesday, October 17, 2017
https://www.cityrealty.com/nyc/marke...n-avenue/14042

Quote:
More affordable units are available at 535 Carlton Avenue, the latest building to open at Brooklyn's megaproject Pacific Park, which
includes 550 Vanderbuilt and the modular 461 Dean Street. Developed by Greenland Forest City Partners and designed by COOKFOX, 535
Carlton stands 15 stories tall and contains 298 no fee all-affordable
rentals, making it the only other all-affordable building in Pacific Park,
next to 38 Sixth Avenue.The housing lottery opened last year and while you can no longer find a studio for $548/month,
there are units currently available for those making 165% of the AMI (Area
Median Income). Prices range from $2,137/month for a studio to $3,716/month for a three-bedroom apartment. You can check your eligibility here by inputting your household size and annual income.




More info and images in the post here.
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Old 10-18-2017, 11:49 AM
 
Location: Mott Haven, New York
953 posts, read 873,976 times
Reputation: 900
That's 298 units.

Not a 60% AMI in sight. Hopefully the middle income earners are happy with this bone they're being thrown. It's a big one.
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Old 10-18-2017, 11:58 AM
 
1,757 posts, read 1,097,573 times
Reputation: 1269
The reason the apartments are available is that the middle income earners aren't desperate enough to pay that much for an apartment, even a nice new one. The one-bed would be 34% of the gross income of someone earning the minimum salary!
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Old 10-18-2017, 12:06 PM
 
45 posts, read 70,502 times
Reputation: 21
90K+ for a single person wanting a 1 bedroom? Thats middle income ? Sheesh
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Old 10-18-2017, 12:07 PM
 
1,757 posts, read 1,097,573 times
Reputation: 1269
(That is, these are leftover units from the lottery, I think, that nobody wanted at those rents.)
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Old 10-18-2017, 12:26 PM
 
532 posts, read 661,578 times
Reputation: 178
damn that's a real middle income.
nothing for 50 to 60k
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Old 10-18-2017, 12:27 PM
 
532 posts, read 661,578 times
Reputation: 178
Quote:
Originally Posted by RadeonHD4250 View Post
That's 298 units.

Not a 60% AMI in sight. Hopefully the middle income earners are happy with this bone they're being thrown. It's a big one.
don't you have enough opportunities already? 99% of lotteries are for 40 to 60 AMI
jeez
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Old 10-18-2017, 12:37 PM
 
Location: Mott Haven, New York
953 posts, read 873,976 times
Reputation: 900
Quote:
Originally Posted by WANTNYCAPART View Post
don't you have enough opportunities already? 99% of lotteries are for 40 to 60 AMI
jeez

That's why I said "not an 60% AMI in sight," because every other thread it's the same "Oh great, another 60% AMI bla bla bla."


I'm not complaining, I'm actually happy that they are dedicating a lottery to a bracket that's severely under-served.
Good luck to those who throw their hats in!
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Old 10-18-2017, 12:41 PM
 
994 posts, read 884,327 times
Reputation: 220
The PTAC units in that building are the size of an industrial size range. Deal breaker?
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Old 10-18-2017, 12:53 PM
 
Location: Mott Haven, New York
953 posts, read 873,976 times
Reputation: 900
Quote:
Originally Posted by MannerundKatze View Post
The PTAC units in that building are the size of an industrial size range. Deal breaker?

Aaah, so it's THIS building! lololol

Smart by trying to cover it with a cloth, I thought it was some kind of table. Hahaha! A unit that size, I'd expect the entire apartment to be heated / cooled within minutes, possible seconds.
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