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New affordable housing lotteries open and more real estate news in Brooklyn

Affordable housing lotteries are now open for a development in Gowanus and Kent Avenue Apartments, the residential towers above Williamsburg’s newest public plaza. Plus, check out more real estate news in our neighborhoods, including a new design company in DUMBO’s historic Stable Building, Alo Yoga coming to DUMBO and the conversion of St. Francis College buildings into a huge 747-unit apartment complex in Brooklyn Heights.

Kent Avenue Apartments | Williamsburg 

The affordable housing lottery is now open for Kent Avenue Apartments, a Two Trees building that is comprised of two towers above Williamsburg’s newest plaza, Domino Square. Located at 346 Kent Avenue, the complex has 600 condominium and rental units split between two towers, with 57 stories in one and 39 stories in the other. The lottery is for 120 units for families with annual household incomes between $100,012 to $240,750.

Amenities include a fitness center, outdoor pool and sundeck, indoor pool, a children’s playroom, and more. Apartments come with washers and dryers and have floor-to-ceiling windows. There are studios, one-bedrooms, and two-bedrooms available for eligible residents. Learn more about qualifying income levels and available units here. Lottery closes on December 10, 2024; apply here.

655 Union Street | Gowanus

The housing lottery is also open for affordable apartments at 655 Union Street, which is 13 stories with 193 units. The lottery is for 50 homes reserved for families between 40 to 130 percent of the area median income, ranging between $33,772 and $218,010. The building also includes 4,000 square feet of retail space on the ground level.

Other amenities also include dog washing stations, a gym, yoga and dance studio, an outdoor pool,  a recreation room, a business center, and a rooftop terrace. Washers and dryers are installed in units. Tenants are responsible for electricity, including heat. There are one-bedrooms and two-bedrooms available for those at eligible incomes; see the full breakdown of units and pricing here. Apply here by December 23, 2024.

Henrybuilt signs lease for Stable Building at 16 Main Street | DUMBO

The Stable Building on DUMBO’s Main Street was built in 1906 to house horses and carts for the Gair company. It was one of the first New York City buildings constructed from poured concrete. Most recently renovated by Two Trees in 2015, the Stable Building is 2 stories and 7,898 square feet. In recent years, the building has been home to art galleries including Janet Borden, Klompching, Minus Space and Higher Pictures Generation. Now 16 Main Street has a new tenant: Henrybuilt, a design company that specializes in home design. Formerly based in Soho, Henrybuilt will move to DUMBO in 2025. They plan to put their headquarters on the top floor of the Stable Building, with their sister company Space Theory located on the ground floor. Learn more here.

Alo Yoga opening its first Brooklyn location | DUMBO

Wellness apparel retailer Alo Yoga opening first Brooklyn outpost in Dumbo at 76 Front Street in the former Scotch & Soda space. Read more here.

St. Francis College buildings will be converted into housing | Brooklyn Heights

A huge residential complex with 747 units is coming to Brooklyn Heights, at the former site of St. Francis College. Rockrose Development will be transforming three college buildings that once housed dorm rooms and lecture halls into apartments. It will be a large-scale construction project, spanning the entire block from Joralemon to Remsen, between Court and Clinton Streets. One of the three buildings is 176 Remsen Street, a city landmark built in 1914 that was once the headquarters  of the Brooklyn Union Gas Company. Rockrose Development purchased the site for $160 million, and the renovation will also include retail space on the ground level and underground parking for bikes and cars. No timeline has been announced for the project, but the city’s landmark preservationists approved plans in July, and Rockrose filed permits with the city in late October.

Updated: November 4, 2024. Main Image: One Domino Square in Williamsburg.

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