Affordable Housing Lottery Opens for Two Units in Bed Stuy, Starting at $2,000 a Month
The lottery is set at the controversial area median income range of 130 percent for both units.
The property in 2019. Photo via Google Maps
An affordable housing lottery has opened for two apartments in a four-story building at 225 Howard Avenue, between Marion and Sumpter Streets in Bed Stuy.
The affordable apartments consist of one studio and a single one-bedroom. Monthly rents start at $2,000 and top out at $2,300, prices that rival market-rate units in the area.
The lottery is set at an area median income range of 130 percent — a range that many people have said is not truly affordable — for both units. Eligible incomes range between $68,572 and $149,890 for households of one to five people.
There are a total of six units in the building. According to the lottery listing, every unit in the building has a washing machine and dryer. Before construction, the building was formerly an empty lot.
Edward C. Hicks of Royal Engineering is the applicant of record. The firm has worked on a number of buildings in Brooklyn, including a series of two- to four-story residential buildings in Bushwick, Sheepshead Bay and Gravesend.
Eran Tourgeman is listed as the owner on property records. In Brooklyn, he also developed an eight-story residential building at 25 East 19th Street in Prospect Park South.
Leasing for market-rate units began in February 2020. Based on the listing photos, the units are bright white. Except for the hardwood floors and stainless steel refrigerator in the kitchen, everything else in the apartment is painted ultra white.
Applications for the affordable housing lottery must be submitted by March 27, 2020. Apply through NYC Housing Connect. To learn more about how to apply for affordable housing, read Brownstoner’s guide.
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