Housing lottery launches for 90 rent stabilized apartments in Bed-Stuy, Brooklyn
Affordable Housing

Housing lottery launches for 90 rent-stabilized apartments in Bed-Stuy

  • New Yorkers who earn $19,578 to $154,080 are eligible to apply, and rents start at $486 for a studio
  • The pet-friendly building has a 7,000-square-foot landscaped courtyard off the second-floor lounge
Celia Young Headshot
By Celia Young  |
May 23, 2024 - 9:30AM
A rendering of the eight-story building at 1510 Broadway in Bedford-Stuyvesant, Brooklyn.

A rendering of the eight-story building at 1510 Broadway.

NYC Housing Connect.

Housing lottery applications are open for 90 rent-stabilized apartments at a new development in Bedford-Stuyvesant, Brooklyn. New Yorkers who earn $19,578 to $154,080 are eligible to apply, depending on the size of their household. Rents start at $486 for a studio.

The pet-friendly building at 1510 Broadway has an elevator, shared laundry room, bike storage and package lockers. It’s located less than a block from the Halsey Street subway stop with service to the J line.

Constructed by MacQuesten Development, the eight-story building has 108 units total and includes a 7,000-square-foot landscaped courtyard off the second-floor resident’s lounge, according to MacQuesten. It replaced a vacant lot on the site on Broadway between Jefferson Avenue and Hancock Street.

The apartments are set aside for New Yorkers earning between 30 and 80 percent of the area median income (AMI)—a metric that depends on how many people you live with. Currently the AMI for New York City is $124,300 for a household of two people. The apartments available include studios as well as one-, two-, and three-bedroom apartments. 

There are 18 two-bedroom apartments available for households of two or more people earning from $83,795 to $134,160. The rent for these apartments is $2,316.00. 

The floor plan of a studio apartment at 1510 Broadway in Bedford-Stuyvesant, Brooklyn.
Caption

The floor plan of a two-bedroom apartment at 1510 Broadway in Bedford-Stuyvesant, Brooklyn.

Credit

NYC Housing Connect

The developers have set aside 20 percent of the rent-stabilized apartments for applicants who already live in the area. Future lotteries will use a lower ratio as a result of a lawsuit settlement, which claimed the practice of community preference perpetuates segregation and violates the Fair Housing Act. Check out: "NYC agrees to cut percentage of housing lottery units set aside for nearby residents."

Another 5 percent of the apartments will be preferentially given to NYC employees. A small percentage of the apartments are also set aside for residents with mobility, vision, and hearing needs. 

Applications must be submitted online or postmarked no later than July 18th.

If you’re interested and think you might qualify for one of these apartments, you can create a profile and apply online via NYC Housing Connect. For details on this particular lottery, click here. Don’t apply more than once, or you could be disqualified.

Winning a rent-stabilized apartment can be life changing: Rent increases are capped and lease renewals are automatic, providing long-term stability for NYC renters. Need more information on how the housing lottery works? Check out “6 steps for applying to NYC's affordable housing lottery.”

For some advice from successful applicants read “How to land a rental apartment through NYC's affordable housing lottery.” And if you or someone you know is having trouble with the application process, consider reaching out to a housing ambassador in the community.

Note: Brick Underground is in no way affiliated with New York City’s Department of Housing Preservation and Development or the Housing Development Corporation. If you are interested in applying to these or other affordable housing developments, please go to NYC Housing Connect for information and instructions.

Have you successfully won an apartment through the affordable housing lottery? If you have first-person advice to share about the process, we’d love to hear from you. Please send us an email. We respect all requests for anonymity.

Celia Young Headshot

Celia Young

Senior Writer

Celia Young is a senior writer at Brick Underground where she covers New York City residential real estate. She graduated from Brandeis University and previously covered local business at the Milwaukee Business Journal, entertainment at Madison Magazine, and commercial real estate at Commercial Observer. She currently resides in Brooklyn.

Brick Underground articles occasionally include the expertise of, or information about, advertising partners when relevant to the story. We will never promote an advertiser's product without making the relationship clear to our readers.

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