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Rentals at 53-Story BAM Cultural District Tower Will Ask From $2,600

The Ashland will offer over 300 market rate apartments and an additional 282 affordable units

With the facade work on Downtown Brooklyn’s new 53-story tower, The Ashland, nearing completion, new details have been revealed for the building’s 586 apartments.

According to the New York Times, the 304 market-rate units at 250 Ashland Place will range in size from studios to three-bedrooms with prices beginning at $2,600 and reaching as high as $7,500 per month. The Gotham Organization-developed building’s 282 affordable units will start at $801 for a studio limited to individuals making between $28,835 to $36,300 annually, and travel upwards to $3,649 for a three-bedroom apartment limited to a multi-person household earning between $126,995 to $155,400.

Building amenities in the FXFOWLE-designed building will include three terraces, a fitness center, children’s playroom, and two libraries.

Leasing is expected to begin on July 19th and on August 1st, The Ashland will likely see its first tenants move in.