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The apartments offered through the lottery are significantly below the market rate and rent-stabilized. Rent-stabilization means that when you renew your lease, increases are capped by state and local regulations. As of 2023, they are between 3.25% for a 1-year renewal and 5% for a 2-year renewal.
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No. Rent prices are not negotiable.
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Yes, they have similar finishes and layouts.
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Unlike the discounted apartments, the prices for market-rate apartments in the Brooklyn Tower vary from unit to unit. If you would like more information, please reach out, and we will connect you with the market-rate leasing team.
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We plan to offer tours once the building is ready to begin showing. If you are selected in the lottery after you apply, you will get a chance to see a couple of specific apartments that are available at that time.
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Applications are being accepted from March 29th through May 30th 2023.
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The income requirements are below (GROSS annual income per household).
| Bedroom Size | Rent | Household Size | Minimum Income | Maximum Income |
| Studio | $2,630 | 1 | $90,172 | $141,310 |
| 2 | $90,172 | $161,590 | ||
| One-Bedroom | $2,811 | 1 | $96,378 | $141,310 |
| 2 | $96,378 | $161,590 | ||
| 3 | $96,378 | $181,740 | ||
| Two-Bedroom | $3,360 | 2 | $115,200 | $161,590 |
| 3 | $115,200 | $181,740 | ||
| 4 | $115,200 | $201,890 | ||
| 5 | $115,200 | $218,010 | ||
| Three-Bedroom | $3,872 | 3 | $132,755 | $181,740 |
| 4 | $132,755 | $201,890 | ||
| 5 | $132,755 | $218,010 | ||
| 6 | $132,755 | $234,130 | ||
| 7 | $132,755 | $250,380 |
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No. Income requirements are set by The New York City Department of Housing Preservation and Development and are not flexible.
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If you can prove that your bonus is one-time-only (not recurring), your lower (or recurring) income will be considered.
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No. If you are an independent contractor and/or run a business, your eligibility is based on your net income after expenses.
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The asset limit is currently set at $201,890 per household.
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Savings in any bank accounts, investment income, and property sales that have been converted to cash. Retirement accounts are NOT included in your asset total.
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Yes, you can apply at https://housingconnect.nyc.gov/.
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Unfortunately not. Anyone owning a home within 100 miles of New York City is not eligible for a lottery apartment.
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You could qualify for either or both based on income and household size. You will be able to specify your preferences if you are selected in the lottery and your documents are requested.
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Yes. See the chart for reference.
| Bedroom Size | Rent | Household Size | Minimum Income | Maximum Income |
| Studio | $2,630 | 1 | $90,172 | $141,310 |
| 2 | $90,172 | $161,590 | ||
| One-Bedroom | $2,811 | 1 | $96,378 | $141,310 |
| 2 | $96,378 | $161,590 | ||
| 3 | $96,378 | $181,740 | ||
| Two-Bedroom | $3,360 | 2 | $115,200 | $161,590 |
| 3 | $115,200 | $181,740 | ||
| 4 | $115,200 | $201,890 | ||
| 5 | $115,200 | $218,010 |
Limited inventory
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Please refer to our leasing team if you have questions about your eligibility.
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Please refer to our leasing team if you have questions about your eligibility.
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We’re anticipating that the earliest move-ins will take place June, 2023. Processing applications takes some time, so your patience is appreciated.
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We will contact all applicants within two weeks of the close of the lottery. On this call, we will inform you of your log number and give you an approximate timeline for further contact.
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The Brooklyn Tower is a brand new luxury building and thousands of applications are expected. Your chances are as good as any other applicant. The selection process is random. If you submit your application by the deadline and fall within the income requirements for any of the units, there is a high chance of being selected for further processing!
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Log into your account on Housing Connect. Go to the Dashboard tab at the top left of the page and click on it. You should see that your application to The Brooklyn Tower is pending.
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We will contact you to proceed further. Following the deadline, applicants will be shown apartments according to the order of their log numbers.
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Yes, you can change your profile even after the lottery deadline. Simply log into Housing Connect and edit your profile as desired. Once we’ve reached your log number, we will not be able to see any subsequent changes to your profile.
For assistance using Housing Connect, please reach out to the HPD helpline at 212-863-7990
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This process may take one to two months and depends on several factors. Below is an example timeline if everything goes smoothly with your submission and approval process:
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Your log number is the randomly selected number you are assigned following the lottery draw. Your number determines your place in line for an apartment. For example, if you are log #1, you are the first applicant our leasing team will contact. If you are log #800, there are 799 applicants ahead of you.
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No. Once you are assigned a log number, you cannot change it.
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No. It may take longer for us to contact you; however, it’s likely that many of the applicants in front of you may not be eligible for their desired apartments.
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You will have to patiently wait until the applicants ahead of you are processed. Once we reach your log number, a leasing team will contact you through Housing Connect and ask you to provide documentation to prove your eligibility.
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No. You will still have to prove eligibility and get approved by HPD. Also, there might be other applicants ahead of you.
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You will need to submit proof of income, household, and NYC residency. Below are some of the documents that you should submit for yourself and your household members:
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We recommend that you submit your documents through Housing Connect. If you need to submit them in person, please contact our lottery leasing team.
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Our team will review them and inform you if you are eligible for the apartment size of your choice. Once we’ve determined that you qualify for an available apartment, you will be offered an appointment time to tour the building and several floor plans.
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Please contact Housing Connect directly. For further technical issues, please contact their helpline at 212-863-7990. You can also reach them by email at nychousingconnect@hpd.nyc.gov. If your problem persists, please contact our leasing team directly about submitting your documentation via a different method.
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If our leasing team has deemed you qualified and apartments are available, you will be able to choose between 2-3 apartments presented to you. Our leasing team will select the apartment based on your preferences and unit availability.
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After you are shown the available apartments, you will have five business days to confirm your interest. If you choose to forfeit your application or do not contact our leasing team by the deadline, you will be removed from the list, and the apartment will be offered to the next available applicant in the log.
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HPD’s marketing team states that they try to review all applications within 5 business days of submission. This can take longer depending on a number of factors.
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After HPD approval, your estimated time of move-in will be between 2 and 6 weeks.
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Our team will have you sign Tenant Income Certification documents, along with running a background and credit check. If everything looks good, we will submit your documents to the New York City Department of Housing Preservation and Development for final review.
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Lottery applicants, if offered an apartment through the lottery, must not hold residence in any other dwelling. If you have already signed a market-rate lease and then find out that you have been selected in the lottery, you will have to forfeit that apartment and allow the next applicant in line to move in.
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The Brooklyn Tower lottery apartments are rent-stabilized, meaning that rent increases are regulated by the Division of Home and Community Renewal, a New York state agency. DHCR sets the increase amounts each year; As of 2023, they are between 3.25% for a 1-year renewal and 5% for a 2-year renewal. Your lease will remain stabilized for the duration of your tenancy, up to 35 years from the initial lease start date.
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No. Once your application is approved by HPD you will have a week to sign the lease and 6 weeks to move in. If you are unable to sign a lease and move within that timeline please contact our lottery leasing team to discuss your options.
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55 Fleet Street, Brooklyn, NY 11201
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SHoP Architects
Gachot Studios
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Krista Ninivaggi of Woods Bagot
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Yes.
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Yes.
