The City of New York has just launched an affordable lottery for 114 units at Athena North and South in Clinton Hill. Athena North, located at 1043 Fulton Street, has 37 residential units and one ground-floor retail space. A few blocks away at 909 Fulton Street, Athena South has 77 residential units. The project was developed by The Hudson Companies in partnership with IMPACCT Brooklyn as part of both the Inclusionary Housing Program and the redevelopment of the Brooklyn Heights branch of the Brooklyn Public Library. Both buildings were designed by Marvel Architects.
Individuals and households earning 60 to 130 percent of the area median income ($32,675-$172,120/year) have until October 16, 2019 to apply. Rents range from $896/month for studios to $2,952/month for three-bedrooms. Considering the median rent in Clinton Hill ranges from $2,667/month for studios to $5,981/month for three-bedrooms (all figures per CityRealty data), this lottery represents an incredible opportunity. Full lottery criteria and information can be found at Housing Connect.
Individuals and households earning 60 to 130 percent of the area median income ($32,675-$172,120/year) have until October 16, 2019 to apply. Rents range from $896/month for studios to $2,952/month for three-bedrooms. Considering the median rent in Clinton Hill ranges from $2,667/month for studios to $5,981/month for three-bedrooms (all figures per CityRealty data), this lottery represents an incredible opportunity. Full lottery criteria and information can be found at Housing Connect.
Lottery criteria via Housing Connect
Interior rendering via Chalom + Blaylock Photography
Apartments in Athena North and South alike will have oversized windows, ample closet space, solid surface countertops, and in-unit washer/dryers. Residential amenities will include fitness centers, bike rooms, indoor tenant lounges, and outdoor landscaped courtyards with children’s play areas. Both buildings are ideally situated near Prospect Park, popular local restaurants and nightlife, and the Clinton-Washington Avenue subway stop. Occupancy is expected by late fall 2019.
In an example of what Linda E. Johnson, Brooklyn Public Library President and CEO, describes as the library using its assets to take care of its assets, sold the original branch to Hudson Companies for $52 million in 2015. Luxury condominium tower One Clinton has risen on the former site of the library, and listings start at $1.227 million. Upon completion, three floors will be devoted to a new library branch. It will measure over 26,000 square feet, more public space than any other Brooklyn Public Library outpost, and have open space for books, programs, and technology.
Rendering of Athena South via Marvel Architects
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