The Ocean Avenue News - oceanavenuenews.comACCESS TO DOULA CARE across New York City will expand, and six hospitals have received the first-ever certificates for being doula-friendly.
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A hero was honored in Bay Ridge in a street co-naming ceremony held for Fire Department of New York firefighter Frank J. Gasparino.
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A rare affordable housing lottery has opened for the sale of 16 one-, two-, and three-bedroom co-op apartments in two new Bushwick buildings, giving buyers the chance to become first-time homeowners. Households must be between one and seven people with incomes between $88,666 to $231,440 a year.
The lottery is for apartments in two buildings that are part of a four-building development dubbed South Bushwick Neighborhood Homes. The four buildings are not clustered together but are scattered through the neighborhood on unrelated lots.
All the units in the development are specifically designed for households who do not currently own a home, and who earn between 90-110% of the Area Median Income.
The two buildings in this lottery, both four stories and with eight units, are located at 1262 Bushwick Ave. and 635 Chauncey St. The units in the other two buildings are being offered in a separate housing lottery.
The cheapest apartment in this lottery is a one-bedroom unit priced at $219,500, and it is for households of one to three people earning between $88,666 and $137,430, or 90% of AMI, according to the listing on NYC Housing Connect.
At 90% AMI, the apartments are priced as high as $318,600 for a three-bedroom. The monthly maintenance for the units, which includes property tax, ranges from $1,000 to $1,470. Household incomes must be between $88,666 and $189,360, while asset limit caps range from $307,775 to $312,730.
At the other end of the scale, the most expensive unit is a three-bedroom priced at $459,200 that is aimed at households of three to seven people earning between $154,410 and $231,440 a year, or 110% of AMI. Units at 110 percent AMI start at $351,900 for a one-bedroom. Monthly maintenance ranges from $844 to $1,695. Incomes must be between $113,036 and $231,440 and assets must be below $314,395 for one-bedrooms and can go up to $319,760 for some of the three-bedrooms.
The lottery doesn’t specify which units on offer are at which address. To be eligible, homeowners must be first-time buyers, live in the apartment as their primary residence, and have 5% of the purchase price available for the down payment. Their assets must also not exceed the limit.
The listing says larger down payments could allow for lower incomes. Buyers will also have to have additional funds available to cover closing costs.
Owners must pay electric, Internet, and cable. Maintenance costs cover heat, hot water, sewer charges, extermination, cleaning, and building insurance, among other things.
The land the co-ops have been built on will be managed by Interboro Community Land Trust, according to the listing. CLTs are generally nonprofits that take ownership of land for community benefit, keeping land out of the speculative market and making it more affordable by having caps on resale amounts. Buildings on CLT land can be owned by individuals, groups, or businesses that follow the trust’s mission. There are a handful of land trusts in New York City, largely overseen by the NYC Community Land Initiative.
The listing says the buildings are pet friendly, have in-unit washer/dryers, dishwashers, and air conditioning. The buildings are all smoke free. A percentage of the units are set aside for residents with mobility, hearing, and vision issues, as well as for city workers, veterans, and CB4 residents.
Floor plans show one-bedroom apartments in the two developments range between 555 and 684 square feet. Two-bedroom apartments are between 713 and 862 square feet, and three-bedrooms range from 865 to 1,114 square feet. Most of the two- and three-bedroom apartments have two bathrooms.
The four buildings that make up South Bushwick Neighborhood Homes have been developed through a partnership between Neighborhood Restore Housing Development Fund Corporation, Riseboro, and Nehemiah HDFC. All were constructed through the city’s Open Door Program, which funds affordable housing on city-owned vacant lots.
Some of the properties have been vacant since at least the 1980s, old tax photos show. The Bushwick Avenue site is made up of two lots, 1262 Bushwick Ave. and what was 1264 Bushwick Ave., on the corner of Halsey Street.
The long-empty corner lot at 1264 Bushwick Ave. was transferred from the estate of Shukri Hallum to South Bushwick Neighborhood Homes HDFC in 2016 for $245,000. It was transferred to Restore Homes HDFC in 2025 for $802,600, according to city records, although the deed shows the amount as $650,000.
The three-story, three-unit wood frame house with a porch next door at 1262 Bushwick Avenue, part of a circa 1890s row that long ago included its neighbor on the corner, was transferred by the city to Neighborhood Restore Housing Development Fund in November 2003. The next month, the city signed off on its demolition.
In 2025, the HDFC transferred it, along with one of the other sites at 1143 Hancock St., to an affiliated HDFC, Restored Homes Housing Development Fund Corp, for $122,990.
A new-building permit was issued for the site at 1262 Bushwick Ave., which now also includes the former 1264 Bushwick Avenue, for a 41-foot-tall, four-story, eight-unit masonry building. Neighborhood Restore HDFC is listed as the owner and Stat Architecture PC is the architect of record. To date, no certificate of occupancy has been issued.
The square, symmetrical, modern building fits within the scale of the surrounding 19th century row houses. It is made of reddish brown brick and its facade is punctuated by recessed, black-framed windows whose size and shape match those of its neighbors.
Subtle brickwork creates rhythm and decorates the building in a modern way while nodding to historic architecture. Windows alternate with panels of textured brickwork, and horizontal brick bands mark the divisions between floors.
Undeveloped land since at least the 1940s, the site at 635 Chauncey St. is next door to a men’s shelter at 629 Chauncey St. on one side and, on the other side, the parklike rear grounds of a senior center at 22 Moffat St. Further down the block at 1420 Bushwick Ave. is the large circa 1900 brick institutional building known as the Bushwick Multi Service Center.
The city signed 635 Chauncey St. over to Restored Homes Housing Development Fund Corp for $1 in 2025. According to a new-building permit for the four-story, eight-unit development, Stat Architecture PC is also the architect of record and Restored Homes HDFC is listed as owner.
The building’s facade is finished in gray brick with a mix of wide and tall dark-framed windows at slightly different positions across the facade, giving the building a simple, modern appearance.
Restored Homes HDFC will host an information session on Zoom on Monday, August 25, outlining the application and home-buying processes for the co-ops. Attendees must register for the session, but attendance is not mandatory for an application.
The South Bushwick Neighborhood Homes Cooperatives lottery closes on September 3. To apply, visit the listing on New York City’s Housing Connect website.
This story first appeared on Brooklyn Paper’s sister site Brownstoner.