"They are set aside for households earning 80 to 130 percent of the Area Median Income, or between $64,903 and $227,500 a year for households of one to five people, according to the listing. There are 52 actually affordable apartments, all at 80 percent of AMI: 13 studios priced at $1,782 a month, 13 one-bedroom apartments for $1,904, and 26 two-bedroom apartments renting for $2,272 a month."
"At 130 percent of AMI, there are 279 units comprising studios at $3,385, one-beds at $3,595, and two-bedrooms at $4,244 a month. Market-rate units started leasing in March, according to StreetEasy, and listings are live on the development's website. The cheapest current listing is a studio for $3,183 and the most expensive is a two-bedroom for $7,232 a month."
"Technically two buildings, the complex was designed by Fischer Rasmussen Whitefield Architects and developed by Rabsky Group. The Rocklyn comprises one 40-story tower at 625 Fulton Street with 1,050 apartments and a second five-story building with 52 apartments at 12 Rockwell Place. The apartments are equipped with dishwashers and air conditioning, according to the listing. The development's website adds they have white oak floors, floor-to-ceiling windows, and built-in speaker systems."
An affordable housing lottery is open for 331 apartments at the Rocklyn, a 40-story tower at 625 Fulton Street in Fort Greene that is part of a 1,102-unit development. Units include studios, one-bedroom, and two-bedroom apartments that are rent-stabilized and income-restricted for households earning 80 to 130 percent of Area Median Income ($64,903–$227,500 for one- to five-person households). Fifty-two units are at 80 percent of AMI with rents from $1,782 to $2,272; 279 units are at 130 percent of AMI with rents from $3,385 to $4,244. Market-rate listings started in March, with current rents ranging from $3,183 to $7,232. Apartments feature dishwashers, air conditioning, white oak floors, floor-to-ceiling windows, and built-in speaker systems, and the complex includes resident amenities and shared facilities.
Read at Brooklyn Paper
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