Rendering courtesy of NYC Department of Housing Preservation & Development
Not far from Brooklyn’s Broadway Junction transit hub, a new building dubbed 50 Penn has launched an affordable housing lottery for 175 apartments, ranging from $354/month studios to $1,993/month three-bedrooms. Located at 2628 Fulton Street, it’s in the East New York neighborhood, close to both Atlantic and Jamaica Avenues and a quick walk to Forest Park. The ground floor offers retail space, including a grocery store. The units are open to those earning 30, 40, 50, 60, and 80 percent of the area median income.
