Way back in 1982, the CEO and owner of Red Apple Group, John Catsimatidis (you may know him better as the billionaire owner of Gristedes or for his failed Republican run in the last mayoral election) paid $500,000 for a 2.5-acre, four-block site inDowntown Brooklyn, on the western edge ofFort Greene. Thirty-five years later, construction is wrapping up on the final, and by far the tallest, of the four-tower development. The curving glass building at86 Fleet Placewas designed by Goldstein, Hill & Westand will rise 32 stories/350 feet and house 440 rentals,29 of which are set aside as affordableand have just come online through the city’s affordable housing lottery. They range from$833/month studios to $1,247/month three-bedroomsand are available for those earning 45 to 60 percent of the area media income.
Live in Downtown Brooklyn for $833/month
Twenty-nine of the glass tower's units have just come online through the city’s affordable housing lottery.