Modular Pacific Park Tower Will Unveil Affordable Rentals Soon

As construction on Brooklyn's Pacific Park megaproject moves along, at least one of its buildings is getting ready for occupancy in the not-so-distant future. B2, the modular tower located at 461 Dean Street, is expected to welcome its first residents this year, and DNAInfo reports that the lottery for its 181 affordable apartments will open sometime in March.

According to DNAInfo, an email sent by the group Mutual Housing Association of New York noted that the apartments would show up on NYC Housing Connect, the city's website for affordable housing lotteries. And per a report on "high-end rentals" in the New York Times, "about 40 percent of the affordable units, or 72, will be for people making 100 percent to 160 percent of the area's median income, or up to $124,000 for a family of four."

Considering the issues that B2 has faced in the past few years—water damage, lawsuits, a change in construction companies, and the like—it's remarkable that it's now at the point of talking about occupancy. The newly-formed Forest City Modular took over construction of the building in 2014, and its units are currently being fabricated at the Brooklyn Navy Yard—though the future of that venture is also currently up in the air.
· 181 Affordable Units in Tower Next to Barclays To Join Lottery in March [DNAInfo]
· New York's New High-End Rentals [NYT]
· Forest City Ratner's Modular Division Facing Massive Layoffs [Curbed]
· Modular Brooklyn Tower Suffered 'Significant Water Damage' [Curbed]
· Pacific Park Archives [Curbed]