Housing Lottery Launches for The Paxton at 540 Fulton Street in Downtown Brooklyn
The affordable housing lottery has launched for The Paxton, a pair of 43-story mixed-used building at 540 Fulton Street in Downtown Brooklyn. Designed by Marvel Architects and developed by Jenel Management, the structure yields 327 residential units, as well as 71,844 square feet of commercial space and 22,054 square feet of retail space. Available on NYC Housing Connect are 89 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $50,812 to $215,150.