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Future New York

Affordable housing lottery launches at One Blue Slip; Waterfront apartments from $2,370/month

Affordable housing was long known to be a component of Greenpoint Landing, a new waterfront development at the tip of Brooklyn, and thirty percent of the apartments in One Blue Slip and Two Blue Slip were designated affordable. More recently, a middle-income lottery has launched for 108 units at One Blue Slip.

Households of one to seven people earning incomes of $81,258 - $183,300 have until October 19, 2020 to apply for apartments ranging from $2,370/month for studios to $3,530/month for three-beds. Full details on this lottery may be found here. If you do not qualify for this one, a list of ongoing affordable housing lotteries may be found here.
1-Blue-Slip-02 Lottery criteria via Housing Connect
41-Blue-Slip-02 One Blue Slip (CityRealty)
Greenpoint-Landing-02 Interior and amenity photos of Greenpoint Landing via https://brooklynaffordablehousing.com/
The affordable apartments will enjoy the same hardwood floors, energy-efficient appliances, in-unit washer/dryers, and waterfront vistas as their market-rate counterparts in both buildings, which are currently offering up to three months free rent. One Blue Slip’s market-rate availabilities range from $2,935/month for studios to $9,350/month for three-bedrooms, and available units at Two Blue Slip range from $3,015/month for studios to $6,244/month for two-beds.
41-Blue-Slip-03 Rendering of outdoor pool at 2 Blue Slip
All residents will have access to an amenity package that includes concierge service, co-working space, media room, lounge, children’s playroom, and fitness center. One Blue Slip boasts an outdoor terrace with kitchen, Two Blue Slip is home to an outdoor pool, and all amenities were designed to make the most of spectacular river and Manhattan skyline views.
Greenpoint-01 Greenpoint (CityRealty)
CityRealty listings show that the median Greenpoint rent ranges from $2,205/month for studios to $3,300/month for three-beds. While these numbers are below the affordable rents advertised in the upcoming lottery, it must be noted that One and Two Blue Slip are an entirely different type of housing than Greenpoint has seen in recent years. With the recent exception of the rental component in The Greenpoint, the local rental market has predominantly been walk-up rowhouses as opposed to glittering, amenity-rich high-rises.
Indeed, Greenpoint Landing is part of its neighborhood’s transformation from an industrial area to a live-work-play environment. The master plan will bring approximately 5,500 residential units, four acres of public open space, and a new public school to the 22-acre site. It also calls for the extensions of streets that currently terminate at West Street, and a vibrant waterfront esplanade.
Greenpoint-Landing-03

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