Housing Lottery Launches for 130 Hope Street in Williamsburg, Brooklyn

130 Hope Street in Williamsburg, Brooklyn via NYC Housing Connect

The affordable housing lottery has launched for 130 Hope Street, a seven-story mixed-use building in Williamsburg, Brooklyn. Designed by J Frankl Associates and Charles Mallea Architect and developed by Solomon Schwimmer under the Hope-Keap Owner LLC, the structure yields 143 residences, 72 parking spaces, and 740 square feet of commercial space. Available on NYC Housing Connect are 42 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $100,252 to $215,150.

130 Hope Street in Williamsburg, Brooklyn via NYC Housing Connect

130 Hope Street in Williamsburg, Brooklyn via NYC Housing Connect

Residences come with name-brand kitchen appliances, countertops, and finishes. Amenities include a courtyard, a rooftop terrace, gym, gated access, shared laundry room, bike storage lockers, and a garage with assigned parking spaces and electric vehicle charging stations. Tenants are responsible for electricity including electric stove and heat.

130 Hope Street in Williamsburg, Brooklyn via NYC Housing Connect

130 Hope Street in Williamsburg, Brooklyn via NYC Housing Connect

At 130 percent of the AMI, there are eight studios with a monthly rent of $2,924 for incomes ranging from $100,252 to $138,840; 22 one-bedrooms with a monthly rent of $3,126 for incomes ranging from $107,178 to $156,130; ten two-bedrooms with a monthly rent of $3,733 for incomes ranging from $127,989 to $187,330; and three three-bedrooms with a monthly rent of $4,296 for incomes ranging from $147,292 to $215,150.

Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than May 16, 2023.

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11 Comments on "Housing Lottery Launches for 130 Hope Street in Williamsburg, Brooklyn"

  1. Hurray!
    Finally Affordable Studios
    In Brooklyn
    For Only $2924!

  2. What a sad joke for the low income and middle income people of NYC to call this affordable housing.
    This is INCOME LINKED housing and only available to the highest income earners when we are in the midst of a housing crisis.
    This is a taxpayer subsidy for millionaire developers
    421A is dead so this has stopped.
    At 130 percent of the AMI, there are eight studios with a monthly rent of $2,924 for incomes ranging from $100,252 to $138,840; 22 one-bedrooms with a monthly rent of $3,126 for incomes ranging from $107,178 to $156,130; ten two-bedrooms with a monthly rent of $3,733 for incomes ranging from $127,989 to $187,330; and three three-bedrooms with a monthly rent of $4,296 for incomes ranging from $147,292 to $215,150.

    • You have got to be kidding me with this rent

      • JULIA,

        Try to get the correct spelling next time you choose to comment. Rent?
        This is how RANT is spelled
        Do you not agree to what i’m saying? Would be curious to hear what your reasons are

        • Guesser I really think Julia meant to spell rent, not rant. Congrats for dissing someone totally innocent who agreed with what you said…

      • So are you saying there should only be affordable housing for people with very low incomes? These rents are still quite a bit lower than market rate. You seem to propose that families that make say 100-150k a year should just move to the burbs and only poor people have a right for any type of subsidy in the city? Affordability is an issue for a lot of people….

        • Sjakie, I know right! And Bloomberg made an article saying how 100k in New York actually feels like only 36k. Poverty level is 30k and below if I correctly recall, but nonetheless demonstrates how far less your money goes in New York even with a six figure salary. So yes I would still call this affordable housing.

          • Ideally the whole system gets overhauled. There are millionaires living in stabilized units and this system for subsidized rent is also a mess.

  3. Guesser

    The reason why it got 421a because they laid the foundation while that terrible law was still active. And as proven time and time again, NYC affordable housing program is and was always a hoax and they were more focused on only making it affordable for stupid frivolous spending upper class hipsters in mind

    They are building housing for the rich that don’t exist in NYC

  4. The fact that so many commenters think that making 100-150k a year in NYC in 2023 makes one rich is the real joke. A little more than 30% in taxes is taken right of the top of that for starters. What’s left is literally just enough to pay rent and bills and MAYBE take one vacation a year. That salary is more like lower middle class these days.
    Middle class people get overlooked too much in this country by the poor and the rich. Both of those groups get more subsidies, government assistance and tax breaks than the middle class. It’s the middle class that shouldering the whole dang system for ya’ll so stop whining when we get a few deserved perks once in a while. Also those rents are high for us too.

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