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.
Bedford Union Armory
New renderings are out for Bedford Union Armory’s redevelopment in Crown Heights, Brooklyn. BFC Partners and the nonprofit NYC Economic Development Corporation, whose mission is to spur economic growth in the city, will be developing the project jointly. The site is three blocks from the 2, 3, 4, and 5 subway trains at the Franklin Avenue station. Permits filed four months ago for a fifteen-story building are still pending approval.
Permits have been filed for a 15-story residential building at 1579 Bedford Avenue, also known as the Bedford Union Armory, in Crown Heights, Brooklyn. The site is three blocks away from the Franklin Avenue subway station, serviced by the 2, 3, 4 and 5 trains. Prospect Park is located just five blocks away. The development will create housing and a recreational center made affordable for community residents. Also included will be low-cost space for local non-profits, and a new medical facility for uninsured citizens of the city. The NYC Economic Development Corporation is behind the applications.
Just over a year ago, city officials and Knicks player Carmelo Anthony stood in the cavernous Bedford Union Armory in Crown Heights and announced plans to redevelop the historic structure into affordable housing, a recreation center, and condos. Last night, City Councilmember Laurie Cumbo revealed that the city wasn’t sure how much federal housing funding it would receive under the Trump administration, and that uncertainty was threatening negotiations over the city budget and affordable housing at the armory.
The city’s Economic Development Corporation held a press conference today to announce plans for the block-long and century-old Bedford Union Armory at 1555 Bedford Avenue in Crown Heights, which will get 13 stories of rental apartments, a recreation center, community event space and commercial space.