Park Slope, Windsor Terrace & Gowanus

Real Estate

Gowanus Affordable Apartment Lottery Meeting Set For Wednesday

October 19, 2015 3:28pm | Updated October 19, 2015 3:28pm
The Lightstone Group development on the banks of the polluted Gowanus Canal.
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DNAinfo/Leslie Albrecht

GOWANUS — Nearly 90 affordable apartments will soon be up for grabs in a new high-rise on Bond Street and renters can find out how to apply for them at a Wednesday workshop.

The development now under construction at 365 Bond St. will have 86 apartments reserved for low-income renters.

For a single person, the maximum annual income will be $36,300. For a couple, it's $41,460, and for a family of four it's $51,780. Rents for the affordable units will range from $833 a month for studios to $1,082 for two-bedrooms.

The developer, Lightstone Group, expects to complete the building this winter, said project manager Pam Horn.

The building, which overlooks the polluted Gowanus Canal, will have a total of 430 apartments, 344 of which will be market-rate.

The affordable units will be doled out in a city-run housing lottery.

Wednesday's workshop, hosted by Community Board 6 and the nonprofit Fifth Avenue Committee, will explain which income levels are eligible for the housing and how to correctly fill out an application for the lottery.

The workshop will be held at 6 p.m. on Oct. 21 at  St. Agnes Church, 433 Sackett St. Please RSVP by sending an email to fachousing@fifthave.org or by calling (718) 237-2017, ext. 169.

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