Gothamist
A non-profit newsroom, powered by WNYC.
Gothamist
Listen Live
News
Over 50,000 People Apply For Affordable Housing On The Banks Of The Gowanus
By
Miranda Katz
Published Jan 11, 2016
Modified Jan 11, 2016
Share
FacebookTwitterRedditEmail
Never miss a story
Email address
By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .
By
Miranda Katz
Published Jan 11, 2016
Modified Jan 11, 2016
Share
FacebookTwitterRedditEmail
We rely on your support to make local news available to all
Make your contribution now and help Gothamist thrive in 2026. Donate today
Gothamist is funded by sponsors and member donations
More than 56,000 people entered the lottery to live in a new development along the poop-scented, cancer-causing Gowanus canal — but for as little as $833 per month, that's probably worth it, right?
According to DNAinfo, at least 56,058 people applied for 86 affordable housing units at 365 Bond Street. The lottery was open from early November through January 4, and a spokesperson for the Department of Housing Preservation and Development said that they are still counting paper applications.
The 12-story luxury building is a development of the Lightstone Group, and has 430 units altogether. As Curbed notes, the building will have a fitness center with yoga and spinning, a 24-hour doorman, a library, and a children's playroom. It will overlook the Gowanus Sponge Park, which promises to soak up some of the stinkier elements of the heavily polluted canal. In November, Lightstone conducted an environmental cleanup at the site to get rid of any pollutants in the soil, so the lottery winners don't wind up encountering the "brown goo" for which the canal is notorious.
The affordable units in the building will run from $833 per month for a studio to $1082 per month for a two-bedroom apartment, and are set aside for low- to moderate-income households. The HPD spokesperson told DNAinfo that these units will be dispersed throughout the building, and all residents will use the same entrance.
As Mayor de Blasio announced this afternoon, his administration has now financed a total of 40,204 affordable apartments, enough for 100,000 people. In the past year, 13,862 apartments were preserved, while new construction began on 7,179. Most of the work so far has been in Manhattan, where there are 14,360 affordable units, with Brooklyn coming in at a close second with 11,846 units. The majority of that housing is set aside for people who make between $38,851 and $62,150 a year, but there are units reserved for households whose incomes range from less than $23,300 to $128,200.
Tagged
affordable housing
gowanus canal
gowanus sponge
Miranda Katz
Read more
Gothamist is funded by sponsors and member donations
Gothamist is funded by sponsors and member donations
MORE news
Parents grumble as NYC schools chancellor dodges calls for NYC schools integration plan
Journalist Nikole Hannah-Jones said she felt disappointed by the lack of details.
By
Jessica Gould
Published Oct 20, 2026 at 10:01 p.m. ET
Driver found with apparent gunshot wound on George Washington Bridge, officials say
The westbound upper level was closed Tuesday night as Port Authority police investigated the incident.
By
Charles Lane
News
Driver found with apparent gunshot wound on George Washington Bridge, officials say
The westbound upper level was closed Tuesday night as Port Authority police investigated the incident.
By
Charles Lane
16 arrested in New York auto insurance fraud crackdown involving nearly $500K
By
Giulia Heyward
Coney Island's small, 1890s lighthouse may be landmarked by the city
By
Catalina Gonella
New renderings are out for Queens' Metropolitan Park casino
By
Willow Higgins
Never miss a story
Catch up on the most important headlines with a roundup of essential NYC stories, delivered to your inbox daily.
Sign upEmail address
By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .