Affordable Housing Lottery Opens for Co-op Apartments, Starting at 183K, in Brooklyn
Briefly

An unusual affordable housing lottery is taking place, for five Columbia Street Waterfront District co-op apartments for sale rather than for rent.Estimated sale prices range from $183,039 to $203,904 for a studio or two-bedroom apartment.The lottery is open until the end of the month.Located at 55 Summit Street, formerly home to a parking lot and auto repair shop, the five-story, five-unit building under construction will be 100 percent affordable under the city's Inclusionary Housing Program because the site was rezoned to residential from manufacturing in 2019.
Read at Brownstoner
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