Affordable Housing Lottery Launches For 1089 President Street In Crown Heights
The affordable housing lottery has launched for Bedford Union Armory, an eight-story residential building at 1089 President Street in Crown Heights, Brooklyn. Developed by BFC Partners, the structure will yield 60 units. The first phase of the lottery is available on NYC Housing Connect and includes 55 units for residents at 30 to 60 percent of the area median income (AMI), ranging in eligible income from $14,778 to $88,800.
“We are excited to launch Phase 1 of the affordable housing lottery in Building 2 of the Bedford Union Armory,” said Joseph Ferrara of BFC Partners. “At a time when Central Brooklyn is struggling to recover from the pandemic, these 60 deeply affordable units will provide substantial opportunity to our neighbors. BFC Partners is proud to provide such a resource for the Crown Heights community- this is just the beginning.”
Amenities include bike storage lockers, an elevator, security cameras, and a recreation room. Units will have dishwashers, washers and dryers, and energy-efficient appliances. Half of the apartments will be set aside for Community Board 9 residents and five percent will be set aside for NYC employees.
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