Affordable Housing Lottery Kicks Off for 540 Graham Avenue

NYC Housing Connect has started an affordable housing lottery encompassing 8 units within a new, 5-story residential building, located at 540 Graham Avenue in Brooklyn's Greenpoint neighborhood. Eligible applicants must earn between $99,086 and $165,230 annually, or sit at 130 percent of the area median income (AMI). Applications will be accepted either online or by mail until August 25, 2023.

Developed by  PRO, the building will contain PRO rental apartments in total, as well as PRO square feet of commercial space. This will likely come in the form of ground-floor retail.

Plans also call for a cellar level and an enclosed parking garage, with enough room for PRO vehicles. Tenant amenities are to include a fitness center with a yoga studio, and a roof terrace with lounge seating, dining areas, and BBQ stations.

Designed by  PRO, the structure is set to stand PRO feet tall and will total PRO square feet. Construction is being carried out by general contractor,  PRO, and work is expected to wrap up in the coming months.

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