The affordable housing lottery has launched for 61 Schaefer Street, a four-story residential building in Bushwick, Brooklyn. The 7,343-square-foot masonry development was designed by ARC Architecture + Design Studio and yields eight units. Available on NYC Housing Connect are three units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $76,286 to $139,620.
61 Schaefer Street
Bedstuy Management LLC has filed applications for a four-story, eight-unit residential building measuring 5,417 square feet at 61 Schaefer Street, in souther Buschwick. ARC Architecture & Design Studio is designing, and the structure will include a fifth-floor penthouse level. An dilapidated two-story structure must first be demolished.