i'm also a lottery winner and i'm surprised they still have the affordable units available. i had heard that all 42 affordable units have been spoken for. at the moment, according to streeteasy.com, there are 62 units in contract for the market rate units. with the affordable units the building is 43% sold/in-contract.

for those who are in contract at the toren, there is a google group set up. go to http://groups.google.com/group/toren to get approved. this may be a good source to get more info from another people who are in contract.

Posted by: 11205waverly at July 21, 2008 11:58 AM in response to "Winning" HPD Lottery for the Toren

nother "winner" here. I recently received (by accident), a letter from Halstead saying I needed to respond, etc. It's by accident b/c I'm already in contract. The Halstead guys are nice but slightly sloppy. Anyway, the letter showed what units were available - only studios and ones. None seemed appropriate for a family. I think the studios are going to be a tough sell since they aren't outrageously cheap.

My only (major) gripes with the design of these units, particularly for the smaller ones is lack of closets. Some of the studios have one closet! If the building had storage space it would be acceptable but since it doesn't the layouts take a hit in my opinion.

On a different note, don't know about you guys but I'm not too concerned about noise (for some reason). A) this NY and you get used to it, and B) I have faith this is being constructed with noise in mind.

thanks for the tip about the google group.

Posted by: LilBitOfLuck at July 21, 2008 12:26 PM in response to "Winning" HPD Lottery for the Toren

Affordable housing in NYC is anything but. The formulas used to qualify as affordable housing is biased assisting the developer with tax advantages and giving the rest of us, for the most part, a very small break from market rate.

Posted by: SenatorStreet at July 21, 2008 1:31 PM in response to "Winning" HPD Lottery for the Toren

For those interested in this discussion, curbed has a new post about the recent cladding activity on the building. And since we're on the subject, I don't have a link handy but on skyscraperpage.com, if you go to the forums section, there's a forum for Toren which has info, pictures and links to other discussions about developments in downtown BK.

Posted by: LilBitOfLuck at July 21, 2008 2:15 PM in response to "Winning" HPD Lottery for the Toren

I got a letter from Halstead on 7/6 statying that I won and they have 6 units (1 bed) left. I got the pre approval yesterday and will meeting the agent on Monday....not sure though. This is being offered at about $700 per sqft.....
On streeteasy....# 2407, 609 ft² $821per ft²....so it looks like a bit of a deal.

Don't know the area well and plan to check it out this weekedend.

Posted by: asad at August 8, 2008 9:38 AM in response to "Winning" HPD Lottery for the Toren

After several research and analysis the Toren lottery pick is not worth the price for one bedroom or studio. I look at the availabilities on the Toren website and the one bedrooms and studios are offered at a lower price and they are located on a higher/or the similar floor. The appliances on the lottery pick are of lower qualities than the market value units and there is no restriction in selling the unit. The price per square feet for my unit is $699 and the price on the 15th floor is $665. Please give me an explanation of why the unit on the 15th floor is offered at the lower than the lottery unit.

Posted by: torenhpdscam at September 17, 2008 7:31 PM in response to "Winning" HPD Lottery for the Toren

After several research and analysis the Toren lottery pick is not worth the price for one bedroom or studio. I look at the availabilities on the Toren website and the one bedrooms and studios are offered at a lower price and they are located on a higher/or the similar floor. The appliances on the lottery pick are of lower qualities than the market value units and there is no restriction in selling the unit. The price per square feet for my unit is $699 and the price on the 15th floor is $665. Please give me an explanation of why the unit on the 15th floor is offered at the lower than the lottery unit.

Posted by: torenhpdscam at September 17, 2008 7:31 PM in response to "Winning" HPD Lottery for the Toren