Affordable Housing Lottery Opens for 55 Units in Bed Stuy, Starting at $1,097 a Month

Rendering via Costar Group

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An affordable housing lottery has opened for 55 units in an under-construction 10-story building at 1134 Fulton Street in Bed Stuy.

Of the affordable apartments, there are 11 studios, 41 one-bedroom units, one two-bedroom and two three-bedroom units. Monthly rents start at $1,097 and top out at $2,400.

The lottery is set at an area median income range of 80 percent for 34 of the units and 130 percent for the remaining 21. Eligible incomes range between $46,903 and $143,890 for households of one to seven people.

Chart via NYC Connect

Bicycle storage for 95 spaces and indoor recreation space will be in the cellar. Unusually, there will be 72 parking spaces on the second floor, served by a first-floor driveway, building permits show. Residential units begin on the third floor, and there will be 182 apartments total. More recreation space can be found on the roof.

The corner where the new building now stands was once occupied by Popeye’s Chicken, while the rest of the property housed a number of small retail spaces and a Key Food, which were demolished in 2016. Construction began a year later in 2017.

The site in 2006. Photo by Gregg Snodgrass for PropertyShark

There will eventually be commercial space on the ground floor. The Brooklyn-based grocery store Lincoln Market will occupy some of that space, while Blink Fitness—a subsidiary of The Related Companies, the developer behind Hudson Yards recently in the news over their chairman’s fundraising for President Trump—will take over the rest, according to the Commercial Observer.

1134 fulton street

The site in August 2019. Photo by Susan De Vries

Fariba Makooi of Fischer Makooi Architect (the former of the pair referring to well-known Brooklyn architect Karl Fischer, who passed away in March) is the applicant of record. Joseph Brunner is the developer and purchased the property for $19 million in 2014.

The building appears to benefit from a 2007 Bed Stuy South rezoning, which allows greater density and housing along the Fulton Street retail and transit corridor.

Applications for the affordable housing lottery must be submitted by February 5, 2020. Apply through NYC Housing Connect. To learn more about how to apply for affordable housing, read Brownstoner’s guide.

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