An affordable housing lottery has opened for 41 units in a new seven-story building next to the Brooklyn-Queens Expressway at 123 Hope Street in Williamsburg. It was formerly a one-story distribution center for the Quaker Sugar Company.
Of the affordable apartments, there are 15 studios, 20 one-bedroom apartments and six two-bedrooms. Monthly rents start at $1,231 a month and top out at $2,759.
The lottery is set at an area median income range of 80 percent for 25 of the units and 120 percent for the remaining 16. Eligible incomes range between $44,160 and $135,240 for households of one to five people.
The building stretches across two lots (the other address is 432 Rodney Street), and will feature a combined 136 units total. Slate Property Group purchased the two lots in 2015 for $31.5 million. According to building permits, they are developing with Adam America.
Below ground is parking space for 92 cars and 70 bicycles. There’s a fitness room on the first floor, along with two retail spaces. On the top floor will be a roof deck.
Aufgang Architects’ Ariel Aufgang is behind the design and based on the renderings it will have a ground floor of light stone, with the top six floors dark red brick. While the rendering suggests open space around the building, including a number of trees and a grassy knoll, in reality, the lots directly across the street, at 120 Hope Street, were formerly a one-story factory that was demolished in 2017, with plans for a new development filed in 2018.
Aufgang also designed a similar looking building with affordable housing at 325 Lafayette Avenue in Clinton Hill, formerly the site of a Key Food, and a conversion and addition to 200 Water Street in Dumbo.
Leasing for market-rate units began in July 2018. Based on the listing photos, the units have large open kitchens with white cabinets, hardwood floors and tall windows.
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