Atlantic Terrace Cooperatives: Apply before January 6th!

bikerchic650

If you haven't yet applied for the Atlantic Terrace, keep in mind that
applications must be postmarked no later than January, 6, 2010! Don't
miss out on this opportunity, apply today!

Fifth Avenue Committee (FAC) is developing an 80-unit, mixed income,
affordable cooperative in Fort Greene at South Oxford Street at the
corner of Atlantic Avenue in partnership with NYC HDC and NYC HPD.

In marketing the co-op, preference will be given first to New York City
residents and then to New York State residents. In addition, preference
will be given to residents of Community Board 2 (for 50% of the units),
eligible municipal employees of the City of New York (for 5% of the
units), households that include persons with mobility impairment (for
5% of the units), and households that include persons with a visual/and
or hearing impairment (for 2% of the units). Atlantic Terrace will
target households with incomes between $35,194/year to $115,830/year
(please see income guidelines below).

This contemporary 10-story building features sustainable materials,
highly energy efficient heating and air conditioning, and abundant
natural light as part of an overall environmentally-conscious design.
Many materials used in construction were made right here in Brooklyn,
hence, lowering the carbon footprint of the development. The co-op is a
great opportunity for neighborhood residents, especially at a time that
real estate prices are beyond most Brooklynites' reach. See chart below
for estimated sales prices, number of bedrooms, household size, and
income ranges.



Check out the Atlantic Terrace web site to get more info including
amenities and floor plans
and to obtain an application of interest:

web
www.atlanticterraceliving.com
or
DOWNLOAD APPLICATION

in person:
at Fifth Avenue Committee's office
621 Degraw Street in Park Slope Brooklyn, 11217

by mail:
send a business sized self addressed stamped envelope to Fifth Avenue
Committee's office.
www.fifthave.org

or in person @ PACC's offices:
1224 Bedford Avenue | 201 Dekalb Avenue | 900 Fulton Street
www.prattarea.org

This advertisement is not an offering. No offering can be made until an
offering plan is filed with the Office of the Attorney General of the
State of New York. This advertisement is made pursuant to Cooperative
Policy Statement No. 1 issued by the New York State Attorney General.
File No. CP09-0068