A lot of tidbits but not a lot of meat for you today – that was earlier in the week. The 5Pointz affordable housing lottery for 337 apartments is now open. Yeah you could snag a brand new 3-bdrm in a luxury tower with lots of amenities like an indoor pool and basketball court for $3,200 a month, but given the reduction in local market rate pricing I’m not sure it’s much of a discount, even if it is stabilized going forward. And the surrounding neighborhood is only so-so due to the lack of nearby parks. My advice to eligible applicants would be to hold out for TF Cornerstone’s newest tower on Center Boulevard. It should be announced any day month now and the location right on the park as well as within un-trafficked walking distance of multiple schools is as prime as it comes.
