Top 5 Stories on Brownstoner This Week: A Housing Lottery for Bed Stuy Co-ops

Affordable Housing Lottery Opens in Gowanus With $784 Studios

The latest affordable housing lottery to open for a new development made possible by the Gowanus rezoning is for the still under-construction 499 President Street Apartments. The nine-story development, which wraps around the Royal Palms Shuffleboard building between Nevins and Union streets, comprises 350 apartments in total.

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East New York Affordable Housing Lottery Opens With $994 Units

An affordable housing lottery has opened for 68 apartments in a 100 percent affordable development that spans a block along Atlantic Avenue in East New York.

The one-, two-, and three-bedroom apartments at 265 Logan Street, dubbed The Logan Fountain, are aimed at households earning between 40 percent and 70 percent of Area Median Income, a truly affordable range compared to the majority of the units offered in the city’s housing lottery system. The level of affordability is due to a private and nonprofit development partnership making use of federal, state, and city programs that fund housing construction for very low income families.

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Affordable Housing Lottery Opens for Bed Stuy Co-ops for Sale

A rare affordable housing lottery has opened for the sale of 46 one- and two-bedroom co-op apartments in four new Bed Stuy buildings, giving households of one to five people with incomes between $83,126 and $218,010 a year the chance to become first time homeowners.

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Brooklyn Heights Anglo-Italianate With Fireplaces, Central Air Asks $6.25 Million

This Brooklyn Heights townhouse combines elegant details such as a classical facade and curving staircase with modern amenities like central air and a contemporary kitchen. In the Brooklyn Heights Historic District at 176 State Street, it is one of a row of three Anglo-Italianates, known for center staircases and arched details.

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A Greenpoint Wood Frame and More to See, Starting at $875K

Our picks for open houses to check out last weekend were found in Crown Heights, Greenpoint, Bed Stuy, and East Flatbush.

Related Stories

• Top 5 Stories on Brownstoner This Week: A Housing Lottery Launches in Gowanus
• Top 5 Stories This Week: Tenants Win Settlement With Midwood Landlord
• Top 5 Stories This Week: A Clinton Hill Reno, a Bed Stuy Housing Lottery

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