Credit: Fischer + Makooi
A huge mixed-use development in the Broadway Triangle section of Williamsburg opened a housing lottery for 120 affordable apartments. Developed by Rabsky Group, the project includes eight buildings across two blocks at a site formerly occupied by the pharmaceutical company Pfizer. The development has been constructed in phases, with the latest bringing a 10-story affordable rental building to 11 Gerry Street. New Yorkers earning 40, 60, and 100 percent of the area median income can apply for the units, priced from $812/month one-bedrooms to $3,298/month four-bedrooms.
Rabsky acquired the nine-site assemblage, bounded by Walton Street, Harrison Avenue, Gerry Street, and Union Avenue, from Pfizer in 2012 for $12.8 million, as Crain’s reported. In total, the development, which required a rezoning that was approved in 2017, includes 1,146 apartments, with 25 percent affordable units.
Designed by Fischer + Makooi Architects, the development spans 4.2 acres and includes several buildings with a mix of housing types, retail, and community space, Commercial Observer reported…