As the affordable housing lottery at 19 Dutch draws to a close, indications of the launch of market-rate apartments are on the horizon: Construction of the 64-story, 770-foot-tall glass tower topped out in February, and a teaser site has launched. Moreover, a recent site visit revealed that the curtain wall with opaque panels “inspired by the whimsical romance of the Dutch Golden Age” is almost completely up. The design by Gerner Kronick and Valcarel will be a striking addition to the downtown skyline.
All 483 apartments will start on the fifth floor to offer beautiful views of the East River and Brooklyn Bridge. They will also feature 9’ ceilings, high-end appliances, and ceramic tile bathrooms. The third and fourth floors will host a full amenity suite that includes a business center with meeting rooms, a game room with golf simulator, a media center, a lounge, a children’s playroom, and a fitness center with cardio, weights, boxing, and yoga areas. There will also be a 63rd-floor roof terrace.
The aforementioned housing lottery is open to New Yorkers earning $28,903-$57,240/year. The deadline to apply for 97 studios through two-bedrooms starting at $877/month is April 10, 2018. Further information and criteria can be found at Housing Connect.
Market rate prices are not yet available, but CityRealty data shows that median prices in the Financial District are $2,953/month for studios, $3,809/month for one-bedrooms, and $5,308/month for two-bedrooms.
Carmel Partners
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Michelle Merritt
Michelle is a contributing writer and editor for real estate news in New York City
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