Bed Stuy's The Shelton Hits the Open Market

When we last checked in at Bed Stuy development The Shelton (forever ago) the building was still under construction. Lots has happened since then! Thirty percent of the co-op building was sold through an HDC lottery process this January. Now, according to a press release, “All of the remaining units are now available on the open market on a first come, first served basis to buyers with total household incomes varying between $39,612 and $166,075. This gives qualified buyers an opportunity to purchase affordable homes without going through the lottery system.” The remaining one bedrooms are priced from $115,000 to $249,500, two bedrooms from $142,000 to $456,500 and three bedrooms from $387,500 to $455,000. There are more details at the website. Amenities here include a part-time doorman; a common courtyard; a fitness room; bike storage; and underground parking. In a deal with St. Phillip’s Christian Church, who sold the development property, there’s a 8,600 square-foot multi-purpose community center with a full-size basketball court, two classrooms and office space for the church. St. Phillip’s plans to make the space available for community events.
The Shelton [Main Site]
The Shelton Gets Bricked [Brownstoner]
Bed Stuy’s The Shelton Tops Off [Brownstoner] GMAP