Skip to main content

Featured Post

Atlantic Yards/Pacific Park infographics: what's built/what's coming/what's missing, who's responsible, + project FAQ/timeline (pinned post)

New Downtown Brooklyn rental tower has studios starting at $2100, below $2137 "affordable" studios at 535 Carlton

From Curbed, 6/29/18, 33-story Downtown Brooklyn rental with rare public space gears up for leasing:
Amid Downtown Brooklyn’s crowded rental market, the 33-story building at 120 Nassau Street stands out—quite literally, since it’s the tallest building in its immediate area. Developed by AmTrust Realty Corp, the property’s transformation—the site was once home to an office building—into a new residential tower has been underway for several years....
A website for the project, now known as The Amberly, offers a glimpse at what future residents could expect. The building has 270 apartments, a mix of studios, one-, two-, and three-bedroom units. In keeping with typical prices for the neighborhood—where the median rent for a one-bedroom apartment is $3,200/month—those units won’t be cheap; studios will begin at $2,100/month, one-beds at $3,100/month, two-bedrooms at $5,500/month, and three-bedrooms from a whopping $8,800/month.
Note that those are pretty big gaps between different-sized units.

Also note that 36 of 66 studios at 535 Carlton, the first "100% affordable" building at Pacific Park, rented for $2,137. Similarly, 33 of 66 studios at 38 Sixth, the second "100% affordable building," rented for $2,121.

Comments