A handful of new “affordable” apartments have hit the market via the NYC Housing Connect lottery. The former three-story mixed-use building at 196 Freeman St. between Manhattan Avenue and Mcguinness Boulevard was demolished to make way for the construction of the new four-story building with 10 apartments; apply by May 6th.
At 196 Freeman St. a one-bedroom unit is available for $2,544 per month for one to two occupants with an annual household income between $87,223 – $108,550. Market rate one-bedroom units at the building are listed for $2,850 per month.
If you are dreaming of living in luxury directly on McGuinness Boulevard surrounded by gas stations in the footprint of a former Pep Boys Auto Shop, then you’re in luck. The city’s affordable housing lottery presents you the opportunity to apply for one of the 60 low and middle-income units at The Otto Greenpoint, a 197 unit “luxury” development at 211 McGuinness Blvd that markets itself as “community-forward.” The lottery is open through March 6.
According to Otto’s website, amenities include “a full time front desk concierge, a community lounge, library and co-working space, a resident’s gaming lounge, a state-of-the-art penthouse fitness center and an expansive rooftop with pool, hot tub, BBQs, lawn areas, outdoor TV and 360-degree views of New York City.”