RXR’s The Willoughby announces affordable housing lottery to launch in early 2022
New apartment building at 196 Willoughby Street includes 143 rent-stabilized units
January 04, 2022
The Willoughby, RXR Realty’s new Downtown Brooklyn apartment building at the edge of Long Island University’s Brooklyn campus, will be accepting applications for 143 rent-stabilized apartments starting early 2022.
Households with combined incomes ranging from $86,503 to $167,570 will be eligible for the newly constructed, permanently affordable units. Rents will vary by apartment size/layout, and are estimated to be in the $2,200-$3,400 range. The affordable housing lottery will be run in partnership with RXR Realty, MHANY Management Inc., and the NYC Department of Housing Preservation and Development (NYC HPD). Prospective tenants can apply in January when the lottery launches on NYC Housing Connect, and can also sign up to find out more and be notified when the lottery opens, here: www.196willoughbyaffordable.com.
The market rate and affordable residences, 476 in total, will be available in studio, one-, and two-bedroom configurations. Residents at The Willoughby will enjoy an array of amenities including a state-of-the-art fitness center, a tech lounge with conference rooms and workstations, a rooftop terrace offering spectacular views, and more.
The Willoughby is primely located on Long Island University’s Brooklyn campus between vibrant Downtown Brooklyn and picturesque Fort Greene, just a short distance from the Manhattan Bridge. Moments from Fort Greene Park, The Willoughby provides residents with easy access to one of the city’s most charming green spaces. Residents will also enjoy a fantastic range of dining, retail, cultural, and entertainment options within walking distance - including DeKalb Market Hall and Alamo Drafthouse Cinema at City Point, BRIC and Brooklyn Academy of Music in the Brooklyn Cultural District, Fulton Mall, and the Barclays Center. Given its proximity to six subway stations and twelve train lines, The Willoughby is an ideal home for commuters and anyone with a desire to travel throughout New York City.