Lottery Opens for 65 Units in Spitzer’s ’Burg Mega-Project, Starting at $565 a Month

The development under construction this month. Photo by Susan De Vries

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An affordable housing lottery has opened up for 65 units in a 22-story building under construction at 416 Kent Avenue in Williamsburg, one tower in former New York State governor Eliot Spitzer’s three-tower, $750 million mega-project just south of the Williamsburg Bridge.

Of the 65 affordable apartments, there are 31 studios, five one-bedroom units and three two-bedroom units, starting at $565 and topping out at $2,733 per month.

The lottery is set on an area median income range of 40 percent for 26 of the units, 60 percent for another 26 units and 130 percent for 13 of the units. Eligible incomes range between $21,257 and $135,590 for households of one to four people.

Development at 416-420 Kent Avenue — the former Kedem winery —- was stalled for years until real estate company Spitzer Enterprises snapped up the plot in 2015 for $165 million.

Spitzer soon signed on Brooklyn architecture powerhouse ODA to design the structures, and they followed through in their usual form with buildings that look like irregularly stacked boxes.

Brooklyn Real Estate Development ODA Architecture 420 kent Spitzer

Rendering of 416-420 Kent Avenue by ODA Architecture via 6sqft

ODA’s other Brooklyn projects include the controversial Pier 6 towers in Brooklyn Bridge Park, 10 Montieth Street on part of what used to be the Rheingold Brewery in Bushwick, and Dumbo’s sugar crystal-inspired 10 Jay Street.

Brooklyn Real Estate Development ODA Architecture 420 kent Spitzer

Rendering of 416-420 Kent Avenue by ODA Architecture via 6sqft

The building will have 252 units in total. There will be both semi-private and public terraces, a gym, yoga room, lounge and a pool.

Applications must be submitted by August 13. Apply through NYC Housing Connect. To learn more about how to apply for affordable housing, read Brownstoner’s guide.

 

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