Affordable Housing Lottery Opens for 94 Units in Bed Stuy, Starting at $667 a Month

Rendering via NYC Housing Connect

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An affordable housing lottery has opened for 94 units in a 11-story building at 1620 Fulton Street (with an alternate address of 1612 Fulton) in Bed Stuy. The building bears the name The Garnet.

Of the affordable apartments, there are 24 studios, 42 one-bedroom units and 28 two-bedroom units. Monthly rents start at $667 and top out at $2,741.

The lottery is set at an area median income range of 50 percent for 21 apartments, 100 percent for 23 apartments and 150 percent for the remaining 50 apartments. Eligible incomes range between $25,372 and $184,200 for households of one to five people.

Chart via NYC Housing Connect

There are a total of 103 units in the building, which has had a temporary certificate of occupancy since 2018, according to DOB records. A gym, child care center and bike storage are in the cellar. Retail and a community facility will occupy the ground floor, with the residential units above. Building permits show that outdoor recreation space will be available on the second floor.

Image via NYC Housing Connect

The site was formerly home to a pair of two-story buildings with storefronts on the ground floor—at one point occupied by RDH Deli Grocery and a gym called Curves—and a one-story building that housed Fulton St. Laundromat. All three were demolished between 2011 and 2018.

The site in 2009. Photo via Google Maps

The architect on the project is Amy Shakespeare of Shakespeare Gordon Vlado Architects. Renderings of the project show a brick facade of different shades of grey, along with orange accents in some of the windows and at the entrance of the building.

Rendering via NYC Housing Connect

Rendering via NYC Housing Connect

Juan Barahona of SMJ Development is listed as the owner on building permits. SMJ Development is a Latino owned affordable housing development firm based in Brooklyn, founded by Barahona. They purchased the property in 2016 for $978,738.

Image via NYC Housing Connect

Image via NYC Housing Connect

Applications for the affordable housing lottery must be submitted by April 9, 2021. Apply through NYC Housing Connect.

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