An affordable housing lottery has opened up for 29 units in a 10-story building nearing completion at 1511 Bedford Avenue in Crown Heights. It’s the former site of the Fox Savoy Theater, which was demolished in 2014.
Of the 29 affordable apartments, there are eight studios, seven one-bedroom units and 14 two-bedroom units. They start at $816 for a studio and top out at $1,064 for a two-bedroom.
The lottery is set an area median income range of 60 percent. Eligible incomes range between $30,480 and $62,580 for households of one to four people.
The architect of record is Issac & Stern, and Realty Within Reach is the developer. They manage several other Crown Heights buildings and are developing affordable housing nearby in Bed Stuy. The building will have 114 units total, parking for 59 vehicles, bike storage, and a “rooftop recreation” area, according to building permits.
When we last visited the building, the grey-brick facade looked complete on the exterior but it was difficult to tell how far along the interior was. The green construction fence was still up and workers were busy on the ground floor.
Previous owner Charity Baptist Church sold the building to a developer for only $575,000.
The church was promised space in the building, and has sued the developer because the space does not conform to the contract, an attorney for the church told Brownstoner earlier this month.
[All photos by Craig Hubert unless otherwise noted]
- Apartment Building on Former Fox Savoy Theater Site in Crown Heights Nears Completion
- Church Conned by Developer Who Demolished Crown Heights’ Iconic Fox Savoy Theater?
- Huge Apartment Building to Replace Fox Savoy Theater in Crown Heights