An affordable housing lottery has launched for 107 affordable housing units in one of the buildings in Prospect Plaza, a massive affordable housing complex in Ocean Hill, starting at $558 a month. The lottery will take place for units in the building located at 428 Saratoga Avenue.
The 107 units in the lottery are broken into to three brackets of area median income — 40, 50, and 60 percent. There’s six apartments in the 40 percent AMI bracket and 13 in the 50 percent AMI bracket. The remaining 88 are in the 60 percent AMI bracket.
The details get a little complex, but eligible incomes range from $21,600 for households of one to $66,420 for six people. Check out details of the income requirements and household sizes for eligible lottery applicants below.
The city notice promises “exquisitely finished kitchen and bathrooms” — probably the first time an affordable housing lottery has mentioned aesthetics.
Features in the building include security cameras, a video intercom system, live-in super, coin-operated laundry, energy efficient appliances and fixtures, a community room, an outdoor recreation area, and parking (for an extra fee).
The address, also known as 1845 Sterling Place and the Saratoga Site, will stand five stories and house 123 apartments. It will have a parking garage, a ground-floor grocery store, and a two-story community center topped with a greenhouse on the roof.
As of August, the building had not quite topped out and work had not yet begun on the community center.
Prospect Plaza is being developed by NYC Housing Authority (NYCHA) and Housing Preservation and Development (HPD), alongside Pennrose Properties, Blue Sea Development, Duvernay + Brooks, and Rosenberg Housing Group. The architect is Dattner Architects, which has designed many 100 percent and 80/20 affordable housing complexes in Brooklyn, including Fort Greene’s Caesura and East Flatbush’s Camba Gardens Phase II.
The mostly low-rise development replaces troubled NYCHA apartment blocks. The old Prospect Plaza complex was emptied in 2000 — 17 years ago — with the promise that families could move back in after renovations, but the renovations never happened, the complex was eventually demolished, and families never got a chance to return to their homes.
An affordable housing lottery for another building in the complex, 1760 Prospect Place, launched in 2016.
- Your Complete Guide to Applying for Affordable Housing in NYC
- Affordable Housing Lottery Opens for Nine Units in Bushwick Renting for $1,039 a Month
- Affordable Housing Lottery Opens for 12 Units in Bed Stuy Starting at $1,230 a Month