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Old 01-18-2023, 09:37 AM
 
Location: Outer Space
2,862 posts, read 2,394,102 times
Reputation: 816

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"373 affordable housing units and 7,600 square feet of retail space. Monadnock Construction is the general contractor for the property, which is bound by Bell Slip to the west and Commercial and Clay Streets to the south."

35 Commercial Street is slated for completion later this fall.

https://newyorkyimby.com/2023/01/35-...-brooklyn.html
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Old 01-18-2023, 10:28 AM
 
390 posts, read 350,115 times
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They have a lot of buildings coming up in this area. It's going to get really populated in Greenpoint.
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Old 01-18-2023, 10:47 AM
 
Location: Outer Space
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It is! they are also building new resturants and stuff like that over there as well. Maybe it will lower the prices elsewhere lol
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Old 01-18-2023, 11:05 AM
 
166 posts, read 174,273 times
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I have a feeling this building will cater to a lower Ami, doesn’t seem as nice as the others that were built in the neighborhood and doesn’t look like the building has floor to ceiling windows :\
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Old 01-18-2023, 11:58 AM
 
390 posts, read 350,115 times
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Quote:
Originally Posted by LisaDarling7708 View Post
I have a feeling this building will cater to a lower Ami, doesn’t seem as nice as the others that were built in the neighborhood and doesn’t look like the building has floor to ceiling windows :\
It's too close to blue slip, so I'm guessing 80% & 125% AMI.
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Old 01-18-2023, 11:59 AM
 
390 posts, read 350,115 times
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Quote:
Originally Posted by Gilmoregal View Post
It is! they are also building new resturants and stuff like that over there as well. Maybe it will lower the prices elsewhere lol
lol I can only hope.
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Old 01-18-2023, 04:41 PM
 
268 posts, read 304,332 times
Reputation: 55
They are going to have to put new traffic light or fix that intersection… it’s not the safest esp. with all the new people moving in + traffic. We’ll see!
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Old 04-30-2023, 01:54 AM
 
8 posts, read 15,597 times
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Are all units in this building to be rented by lottery?
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Old 04-30-2023, 07:33 AM
 
684 posts, read 1,819,282 times
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Quote:
Originally Posted by mcshi View Post
Are all units in this building to be rented by lottery?
No. 373 are
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Old 04-30-2023, 08:46 AM
 
233 posts, read 289,510 times
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Quote:
Originally Posted by mcshi View Post
Are all units in this building to be rented by lottery?
This is an 100% affordable building. Not sure what AMI we’re looking at, though. Could be like 130% but still deemed “affordable”. No shade, though. I understand that middle income people need homes, too, and market rate is insane rn.

My guess is that it will be like all the other “poor door” buildings subsidizing the towers. (Ie: 33 Eagle, 7 Bell, 27 Eagle, etc). I say “poor door” even though these buildings are reallyyyyy nice. They just do not have the fancy amenities (luxurious gym, pools, W/D in unit.. things like that) Not 100% sure what building i would be subsidizing though??
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