Quantcast

The DNAinfo archives brought to you by WNYC.
Read the press release here.

Score a Studio Apartment for $889 a Month Next to BAM

 BAM South will bring 76 affordable apartments to Fort Greene.
BAM South will bring 76 affordable apartments to Fort Greene.
View Full Caption
Ten Arquitectos

FORT GREENE — Applications are now open to rent an affordable apartment for as low as $889 per month near the Brooklyn Academy of Music

The affordable housing lottery opened Monday for 76 units at the BAM South Tower, a 32-story rental building going up at 300 Ashland Place.

The affordable units will be made up of 23 studios, 35 one-bedroom apartments and 18 two-bedroom apartments available to single residents and families making between $32,640 and $54,360 per year. 

Studios will be available for $889 per month for single residents making $32,640 to $38,100 per year, or to two-person households making $32,640 to $43,500 per year.

One-bedroom apartments will be available for $949 per month for single residents making $34,971 to $38,100 per year, or two-person households making $34,971 to $43,500 per year.

Two-bedroom apartments will be available for $1,087 for two-person households making $39,874 to $43,500 per year, three person households making $39,874 to $48,960 per year, and four-person households making $39,874 to $54,360 per year.

Amenities include basement storage, central air conditioning, a rooftop terrace, elevator, mailroom, event room, fitness center, on-site parking, outdoor entertainment space, bike storage, live-in superintendent and virtual doorman.

The tower, designed by Enrique Norten of Ten Arquitectos, will also feature 50,000 square feet of cultural space including BAM Cinemas, dance studios that will be occupied by 651 Arts and a new Brooklyn Public Library branch, as well as 43,000 square feet of retail space. 

The building will also include a 10,000-square-foot public plaza designed by Grain Collective.

Preference for the affordable units will be given to New York City residents. Residents who currently live in the Community Board 2 area — which includes Downtown Brooklyn, DUMBO, Fort Greene, Clinton Hill, Boerum Hill, Vinegar Hill and Brooklyn Heights — will get preference for half of the affordable units. 

Prospective tenants must live at 300 Ashland Place as their primary residence.

Leasing began two weeks ago on the 303 market-rate apartments that rent for $2,800 a month for studios, $3,400 a month for one-bedrooms, $4,900 a month for two-bedrooms with one bathroom and $5,750 a month for two-bedrooms with two bathrooms.

A spokeswoman for developer Two Trees said move-ins are slated for this fall.

The new high-rise is within walking distance of BAM, the Theatre for a New Audience, Mark Morris Dance Center, Barclays Center and Atlantic Terminal.

Prospective tenants have until Sept. 19 to submit an application by mail to BAM South Apartments, P.O. Box 5084, Bronx, NY, 10451.

To download an application, click here