Lottery opens for 94 mixed-income units at new Bed-Stuy rental, from $667/month

Posted On Tue, February 9, 2021 By

Posted On Tue, February 9, 2021 By In affordable housing, Bed Stuy, housing lotteries

Rendering courtesy of BFC Partners

A housing lottery launched this week for 94 mixed-income apartments at a new rental in Bedford-Stuyvesant. Located at 1620 Fulton Street, the Garnet rises 11 stories and contains 103 total units. Building perks include a landscaped terrace, fitness center, children’s playroom, storage room, and on-site laundry. Qualifying New Yorkers earning 50, 100, and 150 percent of the area median income can apply for the apartments, ranging from $667/month studios to $2,741/month two-bedrooms.


Renderings courtesy of BFC Partners

Developed in partnership between BFC Partners and SMJ Development with designs from Shakespeare Gordon Vlado Architects, the project contains about 70,000 square feet of residential space and over 12,000 square feet of ground-floor retail.

Residences boast stainless steel appliances, a dishwasher, microwave, sound-resistant flooring, and video intercoms. Plus, each floor has a shared laundry room.

“The launch of the Garnet’s affordable housing lottery is something we’ve looked forward to for months,” Joseph Ferrara, principal of BFC Partners, said. “At a time when the city is facing a critical housing shortage, projects like this are more important than ever, and with the community preference, we are not just bringing more housing to the city and neighborhood, but to the residents of Bed-Stuy specifically.”

The building, which straddles the Bed-Stuy and Crown Heights border, sits across the street from Fulton Park and just a little over a block from the A and C trains at Utica Avenue.

Qualifying New Yorkers can apply for the affordable units until April 9, 2021. Preference for 50 percent of the units will be given to residents of Brooklyn Community Board 3. Complete details on how to apply are available here. Questions regarding this offer must be referred to NYC’s Housing Connect department by dialing 311.

If you don’t qualify for the housing lotteries mentioned, visit CityRealty.com’s no-fee rentals page for other apartment deals in the city.

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Neighborhoods : Bed-Stuy

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