Interested in elevated waterfront living? If your combined household income is between $81,258 and $183,300, you could be eligible for a rent stabilized apartment at a new luxury apartment in Greenpoint.

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Lucky applicants will be selected through a lottery to lease rent-stabilized affordable units that are priced for middle income households. The lottery ends October 31.

Thirty percent of the units have been set aside for the lottery – apply today before the quickly approaching end date.

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One Blue Slip is located at Greenpoint Landing, and offers acres of public open space, a new public school, and local shops along a half-mile stretch of New York City’s East River Waterfront.

More than 90 percent of units have water views and feature bay windows, stainless steel appliances, quartz countertops, and in-home Bosch washer/dryers.

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For an additional monthly fee, the building offers an attended lobby with package storage, parking, fitness center, furnished indoor residents lounge, media room, quiet co-working space, rooftop terrace with grilling areas, storage, Latch keyless entry system, and a children’s playroom.

The rent, priced below market rate, is guaranteed to be stabilized over your entire lease. This means that the longer you stay, the more savings you recognize. Some years, stabilized rents do not increase at all.

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Studios start at $2,370 for one person earning between $81,258 and $103,480.

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The lottery is run in cooperation with Brookfield Properties, the New York City Department of Housing Preservation and Development, and the nonprofit Settlement Housing Fund Inc.

For information and to apply click here.


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