Affordable apartments for high earners on LIU’s Downtown Brooklyn campus
Affordable housing inside a soon-to-come sleek high-rise on LIU’s Downtown Brooklyn campus will go to families with annual incomes as high as $183,170.
Developers RXR Realty this summer started constructing a 34-story, 476-unit apartment building at 196 Willoughby St., where 70 percent of the units inside will be market-rate rentals. Thirty percent will be affordable units with below-market rents — for tenants with annual incomes equal to 130 percent of New York City’s AMI (area median income), RXR Executive Vice President Seth Pinsky told the Brooklyn Eagle after a groundbreaking at the site on Wednesday.
In recent years, Brooklyn housing advocates have been urging builders to price the affordable units in their developments for low-income tenants.