An affordable housing lottery has opened for 38 of the 51 units at an eight-story mixed-use building in east Williamsburg, located at 695 Grand Street.
Of the 38 units, there are seven studios, 11 one bedroom units, 14 two bedroom units, and six three bedroom units available, with units starting at $670 and topping out at $1,899.
The lottery is set at an area median income range between 30 and 130 percent. Eligible incomes will range between $24,858 and $124,020 for households numbering between one and four people.
The project’s developer is the nonprofit St. Nicks Alliance, who are involved in a number of low-income projects in Brooklyn, including affordable units at Adam America’s 781 Metropolitan Avenue, the former White Castle site. They commissioned Magnusson Architecture and Planning, who are working on the redevelopment of the Sunset Park Library, to design the building.
The site was formerly a GEM Super Value Store and Rainbow clothing retailer.
Preference will be given to residents of Brooklyn CB1, municipal employees and applicants with visual, hearing or mobility impairments. The building, which is smoke-free, includes an outdoor garden, laundry and community room.
When Community Board 1 greenlighted the project in August 2014, some homeowners worried that it was too large for Grand Street. “It’s too big,” said one man. “It feels completely out of scale with the neighborhood.
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