Red Hook rental opens lottery for 239 affordable apartments, from $777/month

Credit: NYC Department of Housing Preservation and Development

Want to live closer to IKEA? A housing lottery opened for 239 mixed-income apartments in a new three-building residential complex in the heart of Red Hook, Brooklyn. Rising eight stories at 498 Columbia Street, the building is the largest of Columbia Commons, the first modern large-scale residential development in the waterfront neighborhood, according to the New York Real Estate Journal. New Yorkers earning 40, 60, and 100 percent of the area median income can apply for the apartments, priced from $777/month studios to $2,668/month two-bedrooms.

Developed by Express Buildings and nonprofit service provider the Jericho Project, the building will deliver 100 percent affordable and supportive housing units in Red Hook. The Jericho Project will provide on-site services to meet residents’ needs, according to NYREJ…

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