A new affordable housing lottery will make 29 new apartments in Crown Heights available at below-market rents to lucky New Yorkers who earn 60 percent of the area median income.
Located at 1511-1525 Bedford Ave., the Issac/Stern-designed rental development encompasses parcels that used to house the Fox Savoy Theater, a gas station and a vacant lot. The new building contains a total of 133 apartments, community space and a synagogue. Rents will be $816 a month for a studio, $877 for a 1-bedroom and $1,064 for a 2-bedroom unit.
Eligible applicants must earn between $30,480 for a single person and $62,580 for a four-person household:
The mixed-use building is eight stories tall, with approximately 15,000 square feet of retail space on the ground floor and 90,000 square feet of residential space. Building amenities include a gym, roof deck and basketball court.
To apply online, visit the NYC Housing Connect site.To request an application by mail, send a self-addressed envelope to: 1511 Bedford Avenue Apartments c/o Wavecrest Consulting LLC, 87-14 116th Street, Richmond Hill, NY, 11418.
Applications must be postmarked or submitted online no later than Aug. 27, 2018.
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