50 affordable apartments to open in Gowanus later this year

Leasing applications are expected to open in the spring of this year, with move-ins not long after. Click here for more information.

Valerie Ryan

Feb 25, 2025, 11:27 PM

Updated 2 hr ago

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A new high-rise in Gowanus is set to open later this year with affordable housing options.
The Quinlan Development Group says the new 17-story building, located at 380 4th Ave. is expected to have retail spaces and 197 apartments. A total of 50 of them are reserved for affordable housing.
In the city, affordable housing is based on a person's area median income. It's determined by family size and annual income. The development group says apartments will be reserved for people who fall into the 40%, 60% and 90% range.
Leasing applications are expected to open in the spring of this year, with move-ins not long after. Click here for more information.