Lottery for 420 Classon Avenue Kicks Off
The Pratt Area Community Council announced this morning that applications for the lottery for the 12 affordable condominium units it’s developing at 420 Classon Avenue in Clinton Hill are now being accepted. Christened The Hawthorne, the development is a combination of three beautiful but formerly dilapidated turn-of-the-century houses. Here are the details: Four one-bedroom priced…
The Pratt Area Community Council announced this morning that applications for the lottery for the 12 affordable condominium units it’s developing at 420 Classon Avenue in Clinton Hill are now being accepted. Christened The Hawthorne, the development is a combination of three beautiful but formerly dilapidated turn-of-the-century houses. Here are the details: Four one-bedroom priced between $185,000 and $211,000 are available for households earning up to $73,700; four two-bedrooms priced from $258,000 to $270,000 are available for households earning up to $92,200; four two-bedrooms priced from $374,000 to $424,000 are available for households earning up to $116,900. There are three ways to get an application: 1) Pick one up in person at the PACC offices at 201 Dekalb Avenue or 1224 Bedford Avenue; 2) Download one from prattarea.org; 3) Send a SASE 41-cent business-sized envelope to PACC, Attn: The Hawthorne Condos, 1224 Bedford Avenue, Brooklyn, NY, 11216. But you better get on the stick: The application deadline is January 18. Project completion is targeted for May.
Development Watch: Windows for 420 Classon Avenue [Brownstoner]
Present from PACC: 420 Classon Rendering [Brownstoner]
Development Watch: PACC on Classon [Brownstoner] GMAP
The Future of 418-422 Classon? [Brownstoner] P*Shark DOB
This is 4:04 I applied for a 1BR (Tier A?)
4:04 which tier did you apply for? I applied for C
Me too…I’m also eagerly awaiting!
I hope PACC at least lets us know what number we are.
Good luck!
I’m anxiously awaiting if I’ll hear anything! Do you know a date by which if I haven’t heard anything I should assume I’m not picked? Good luck to all who applied!
As a PACC employee I will say that the names for the Hawthorne Lottery will be drawn VERY, VERY soon.
Does anyone know when they’re planning to select people from the lottery?
How long does it take for them to get through their list?
Do you find out if you’re not selected?
Does anyone have experience with the Pratt Area Community Council lotteries?
I just downloaded the application and read the fine print for anyone who wants to know:
those apartments are mostly for 2, 3 and 4-person households (depending on which apartment it is), and the income cap includes assets like 401K and savings. So, to get the cheapest apartment ($185,000 for a 2-person household) each person must make less than $30,000/yr and basically have no savings, retirement fund, or other investments (just a quick estimate).
I don’t understand how anyone in NYC is able to afford to buy a home! My salary/investments amount to just a little more than the income cap so i don’t qualify, but even though i technically “make too much money”, i still can’t afford to buy a home (or anything else for that matter).
We’re all doomed to rent forever.
There should be some sort of limit to the number of lotteries a person can win to allow more people benefit from the program.
For pete’s sake, even z100 and WNYC won’t let you claim more than one prize within a certain number of months.
Just like every other NYC agency-run program, this one is obviously a little dirty.
I won one of these lotteries. It was the first and only one to which I applied.
I also find it strange that 5:28 won several lotteries. I thought that first-time homeowner meant first-time apartment/co-op/condo/house owner too.
That being said, I agree that people should keep an eye out on nyc.gov and on local newspapers. These lotteries are great for people who are middle and moderate income. There aren’t as many for low income New Yorkers, but there are some.