An affordable housing lottery has opened for 49 apartments in a new 23-story tower on Fulton Street in Fort Greene. The 163-unit development has taken the place of a low-rise building that housed a foster care nonprofit before it was demolished in 2021.
The lottery for 570 Fulton Street Apartments includes studio, one-, and two-bedroom units, all rent stabilized and income restricted. They are set aside for households earning 80 to 130 percent of the Area Median Income, or between $68,949 and $227,500 a year for households of one to five people, according to the listing .
There are six actually affordable apartments, all at 80 percent of AMI: one studio priced at $1,869 a month, four one-bedroom apartments for $1,993, and one two-bedroom apartment renting for $2,375 a month. At 130 pe