Affordable housing lottery opens at former Pfizer site in Broadway Triangle * Brooklyn Paper

"All 120 apartments are included in the lottery. They range from one to four bedrooms and are all rent stabilized and income restricted, targeted at households of one to nine people earning 40, 60, and 100 percent of Area Median Income, or $32,160 and $226,800 a year, according to the listing. There are forty one-bedroom apartments at $812, $1,260 and $2,155 a month. Forty are two bedrooms renting for $965, $1,502, and $2,576 a month."

"Sixteen are three bedrooms at $1,105, $1,725, and $2,966 a month, and there are 24 four-bedroom apartments for $1,222, $1,914, and $3,298 a month. Developed by Rabsky Group and designed by Fischer + Makooi Architects, apartments include energy efficient appliances and patios or balconies, according to the listing. As for amenities, a shared laundry room and bike storage are available for an additional fee. The building is smoke free and tenants have to pay for electricity, which covers the stove. Rent includes heat and hot water."

"Permits show there will be ground floor retail and an ambulatory diagnostic center on the second floor. A beige and brick facade includes floor-to-ceiling glass panels along the retail levels, a grid of evenly spaced windows, and some balconies. The Rabsky site, and Broadway Triangle as a whole, has a controversial history. Various groups have clashed over developing the formerly-industrial area bordering Williamsburg and Bed Stuy. The city kicked off development of affordable housing on Broadway Triangle's city-owned sites in 2022."

An affordable housing lottery opened at 11 Gerry Street, a fully affordable ten-story building in Rabsky's Broadway Triangle development, offering 120 rent-stabilized, income-restricted apartments. Units range from one- to four-bedrooms targeted to households of one to nine people earning 40%, 60%, and 100% of Area Median Income, with monthly rents from $812 to $3,298 depending on size and AMI tier. The building includes energy-efficient appliances, patios or balconies, and a smoke-free policy. Amenities include paid shared laundry and bike storage; tenants pay electricity while rent covers heat and hot water. Permits indicate ground-floor retail and an ambulatory diagnostic center.

Read at Brooklyn Paper