A second affordable housing lottery has opened for a new building on the site of the former Rheingold Brewery in Bushwick. The under-construction building at 10 Montieth Street has 100 affordable units up for grabs, out of a total of 500 apartments.
Of the 100 units, there are 32 studios, 54 one-bedroom units and 14 two-bedroom units, starting at $913 for a studio and topping out at $1,183 per month for a two-bedroom. One-bedrooms will rent for $980 a month.
The lottery is set an area median income range of 60 percent. Eligible incomes range between $33,189 and $62,580 for households of one to four people.
During a visit to the site in February, the stacked-boxes form, a familiar theme for ODA, was more defined, and the window frames projected a visually striking yellow, orange and red ombré effect across the facade.
Renderings of the interior, designed by Durukan Design, show a smattering of hexagonal patterns and a melancholy color palette of grey, brown and white, with the occasional bold stamp of red or blue.
In the early 2000s, an award-winning complex of affordable housing was completed on part of the former Rheingold Brewery site. In 2013, the remaining undeveloped blocks were rezoned to allow housing.
At the time of the rezoning, Read Property Group, the property’s initial developer, promised 30 percent affordable housing, but later sold some of the parcels to other developers, leading to controversy. Rabsky’s 10 Montieth Street turns out to be an 80/20 building with 20 percent affordable housing.
The for-profit development of the remaining Rheingold site will bring blocks of market-rate luxury housing to the traditionally working-class neighborhood.
This is the second building on the former Rheingold property to launch an affordable lottery: In March, an affordable housing lottery opened for the two-block complex developed by All Year and designed by ODA at 123 Melrose Street, at the southern end of the sprawling site.
- ODA’s Colorful Building Brightens Montieth Street at Former Rheingold Brewery in Bushwick
- Snag a $947 Bushwick Studio in Rheingold Brewery’s First Affordable Housing Lottery
- ODA’s Supersize Mega-Development for All Year Rises at Rheingold on Melrose in Bushwick