Greenpoint Landing Associates today announced the launch of the affordable housing lottery at 35 Commercial Street, a new 374-unit, permanently affordable apartment building located within the 22-acre Greenpoint Landing master development along the waterfront in Greenpoint, Brooklyn.
Greenpoint Landing Associates closed on the construction financing in June of 2021 with New York City Housing Preservation & Development (HPD), New York City Housing Development Corporation (HDC) and Wells Fargo Community Development Corporation.
“This is a perfect example of a public private partnership delivering high-quality affordable housing in Greenpoint,” said Anne Carson Blair, spokesperson for Greenpoint Landing Associates. “These permanently affordable homes will offer a host of unparalleled amenities, striking architecture and access to sought-after waterfront open space, raising the bar for affordable housing development in New York City.”
Designed by Handel Architects — the renowned architecture firm’s seventh project within Greenpoint Landing — the 22-story residential building spans 344,463 square feet including 7,600 square feet of retail space. Bound by Bell Slip to the west, Commercial Street to the south and the future Box Street Park to the north, the project’s design relates to the industrial tradition of the neighborhood. This includes its dramatic brick arched threshold entryway along Commercial Street, leading to one of three private landscaped courtyards for residents designed by local Greenpoint landscape design/build firm, Alive Structures.
Apartments feature electric appliances. The use of Variable Refrigerant Flow (VRF) technology instead of Packaged Terminal Air Conditioner (PTAC) allows for oversized windows within the units. Additional amenities include close to 11,000 square feet of outdoor space, an indoor and outdoor children’s play area, fitness center, communal lounge, WiFi for all residents, onsite laundry room and bicycle parking.
“In designing 35 Commercial, the team at Handel Architects wanted the resident experience to be paramount,” said Gary Handel, founder and managing partner of Handel Architects. “The building itself – with stacked brick volumes and finely detailed facades – relates to the industrial history of Greenpoint. The dramatic arched entryway leads to a landscaped courtyard and then the lobby itself, which becomes part of that portal, and the sinuous ceiling is designed to related to the curving waterfront nearby. Upstairs, hundreds of high-quality residential units will have views of the city.”
All 374 residences within 35 Commercial Street will be income targeted through the ELLA program. The units will be available to New Yorkers earning between 30% – 110% of the area median income (AMI). Rents for studios at the 30% AMI level start at just over $400 per month. Additionally, there are 57 units that are set aside for formerly homeless applicants and will be serviced by Breaking Ground, who have partnered with Greenpoint Landing Associates on this project.
Prospective renters must meet income and household size requirements to apply for 35 Commercial Street, named “H1H2 Apartments.” Applications must be postmarked or submitted online no later than July 31, 2023.
The lottery is available now on NYC Housing Connect. Those who qualify can visit HousingConnect.nyc.gov to apply through the online portal or to get information about how to apply via mail.
