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Future New York

19 Dutch Moves Toward Completion, Jump-Starts Affordable Lottery

19 Dutch rendering (l; Carmel Partners) and photo (r; CityRealty) 19 Dutch rendering (l; Carmel Partners) and photo (r; CityRealty)
The single-block Dutch Street is easy to miss in the Financial District, but that’s about to change: A recent visit to 19 Dutch (112-118 Fulton Street), a 63-story rental about as tall as the Woolworth Building, shows that construction has topped out and the curtain wall with patterned opaque panels is well on the way up. Completion is expected for summer 2019.
As if in honor of this milestone, an affordable housing lottery for 97 of the 483 units has launched. New Yorkers earning $28,903-$57,240/year are eligible to apply for studios through two-bedrooms starting at $788/month by April 10, 2018. Further information and criteria can be found at Housing Connect.

In this article:

19 Dutch Street
19 Dutch Street Financial District
118 Fulton Street affordable housing criteria Lottery criteria via Housing Connect
All apartments start on the fifth floor of the building and benefit from excellent cityscape views as a result. According to developer Carmel Partners, they will feature nine-foot ceilings, high-end appliances, ceruse-finished oak floors, and ceramic tile bathrooms.
The building will be topped with a 63rd floor roof terrace, and more amenities will be spread over the third through fourth floors. These will include a business center with meeting rooms, game room with golf simulator, café lounge, media center, children’s playroom, and fitness center with space for boxing, cardio, weights, and yoga.
112-118 Fulton Street exterior 19 Dutch close-up via Carmel Partners
19 Dutch will have 8,100 square feet of retail space on the main two floors of the building, and is within walking distance of both The Oculus and the resurgent South Street Seaport. The Fulton Street subway stop is one block away for easy access all over New York.
Market rate prices are not yet available. However, CityRealty’s current Financial District average is $2,868/month for studios, $3,780/month for one-bedrooms, and $5,114/month for two-bedrooms. Search for more rentals here.
118 Fulton Street exterior rendering Rendering via Carmel Partners
118 Fulton Street construction Construction shots via CityRealty
118 Fulton Street construction

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Content Specialist Michelle Merritt Michelle is a contributing writer and editor for real estate news in New York City