Lottery for Latest Pacific Park/Atlantic Yards Build to Bring $503 Studios to Prospect Heights

It’s been a long time coming, but 303 nicer-looking-than-average affordable units at 38 6th Avenue in Prospect Heights will be up for grabs starting Friday.

Part of the controversial Pacific Park/Atlantic Yards development, the 100 percent affordable building will bring dozens more units to market at once than the typical affordable 80/20 launch — and the renderings show swanky market-rate-style amenities as well.

The lottery launches Friday, January 13 (superstition notwithstanding). Monthly rents will range from $532 for a studio to $3,695 for a three-bedroom. Eligible households will have incomes ranging from $20,126 to $173,415.

The renderings show big windows, sleek kitchens, and communal terraces with greenery and lounge chairs. There are laundry facilities on each floor of the building, as well as a fitness center, children’s play area, bike storage, resident lounge and pet grooming area.

The building will be 23 stories tall, and house Pacific Park’s medical facility.

The complex is adjacent to Barclays Center and the subway and regional rail lines that lie beneath it. It’s also close to stores and eateries in Prospect Heights and nearby Park Slope.

More details on the income requirements: The lottery is broken into two sections. 105 of the housing units have been set aside for applicants who earn between 30 and 100 percent of the area median income.

For this group, studios will go for as low as $532 and three-bedrooms will go only as high as $1,810 a month. The incomes for this group must fall between $20,126 for a studio on the low end and $105,100 for a three-bedroom on the high end.

The second group is eligible for the remaining 198 units, set aside for those who make between 101 and 165 percent of the area median income. Studios will go for as low as $1,713 a month and three-bedroom units will rent for as much as $3,695 a month. To be eligible, incomes must fall between $60,618 and $173,415.

The developer is Greenland Forest City Partners and the designer is SHoP Architects. Greenland Forest City is a joint venture by Greenland USA and Forest City Ratner, which of course also built the adjacent Barclays Center.

ShoP is also the architect of the Domino redevelopment and Brooklyn’s first supertall skyscraper at 340 Flatbush Avenue Extension.

Pacific Park is a 22-acre development that, when complete, will extend over the LIRR train yard in Prospect Heights. All told, it will have over 6 million square feet of residential space.

The lottery will run until March 14. For more information or to apply, visit NYC Housing Connect here.

Related Stories

• Pacific Park’s First Condo Tower Gets Glassy on Vanderbilt in Prospect Heights [Photos]
• Pacific Park Developer Wants to Replace Modell’s with Boroughs Biggest Office Building
• Rendering Revealed for 26-Story Condo Tower on Dean Street at Pacific Park/Atlantic Yards

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