Now called Evergreen Gardens, the massive "European Village" located at 123 Melrose Street and 54 Noll Street in Bushwick, has officially launched its affordable housing lottery (PDF), offering up 183 apartments to individuals and families making up to 60 percent of the area median income, or between $34,355 and $57,240.
Here's the breakdown: 56 studio units are available for $947/month, 87 one-bedroom units are going for $1,017/month, and 40 two-bedroom units are asking $1,230/month.
Qualifying New Yorkers have until May 3, 2018 to apply via NYC Housing Connect for the new affordable units. Questions regarding this offer must be referred to NYC’s Housing Connect department by dialing 311.
Here's the breakdown: 56 studio units are available for $947/month, 87 one-bedroom units are going for $1,017/month, and 40 two-bedroom units are asking $1,230/month.
Qualifying New Yorkers have until May 3, 2018 to apply via NYC Housing Connect for the new affordable units. Questions regarding this offer must be referred to NYC’s Housing Connect department by dialing 311.
Encompassing one million square feet over two city blocks and offering around 900 total apartments, the All Year Management-developed 123 Melrose will be a huge addition to Bushwick.
The intricate and contemporary design by ODA Architecture offers interconnecting courtyards and common spaces, an 18,000-square-foot central park, and a 60,000-square-foot rooftop with an urban farm and pool.
Other amenities include an on-site super, residents' lounges, package room, bike storage, fitness center, recreation room, children’s playroom, game lounge, café, dog spa, movie theaters, library, roof terraces, and on-site parking.
Other amenities include an on-site super, residents' lounges, package room, bike storage, fitness center, recreation room, children’s playroom, game lounge, café, dog spa, movie theaters, library, roof terraces, and on-site parking.
123 Melrose, another ODA project at 10 Montieth Street, and 115 Stanwix Street are all part of the redevelopment of the former Rheingold Brewery factory, which will bring more than 1,500 apartments to the neighborhood. Just 283 of those units are affordable.
Bushwick, made up of mostly black and Latino residents, is an area undoubtedly undergoing gentrification with a current high median rent of $2,495. And yet, according to a 2015 health profile (PDF) by the New York City Board of Health, 30% of the residents live below the Federal Poverty Level, and the unemployment rate is the second-highest in Brooklyn.
Bushwick, made up of mostly black and Latino residents, is an area undoubtedly undergoing gentrification with a current high median rent of $2,495. And yet, according to a 2015 health profile (PDF) by the New York City Board of Health, 30% of the residents live below the Federal Poverty Level, and the unemployment rate is the second-highest in Brooklyn.
Google Earth view of Rheingold Brewery redevelopment sites (CityRealty)
Related Articles
Get To Know
12 in-demand Broadway and off-Broadway openings for fall 2026
Today, October 17, 2026
Future New York
Price cuts: $1.55M off Mariah Carey’s downstairs neighbor in Tribeca, UES trophy listings slashed as pied-a-terre tax looms
Friday, October 16, 2026
Get To Know
See Things Differently: Lichtenstein’s first NYC retrospective in 30+ years, Siena’s Renaissance bronzes, and more art shows this weekend
Friday, October 16, 2026
Future New York
Before the Pipeline Dries Up: 21 new Brooklyn and Queens condos launching sales this fall
Thursday, October 15, 2026
Get To Know
Discover the affordable NYC residential micro-markets where sales are increasing in 2026 + Active listings under $400K
Wednesday, October 14, 2026
Future New York
$24.95M Park Avenue penthouse with pool leads Manhattan contracts; Peter Duchin’s former UES townhouse finds a buyer
Wednesday, October 14, 2026
Great Listings
Leaf peeping from home: NYC apartments with direct Central Park views
Tuesday, October 13, 2026
Great Listings
Beautiful New York City apartments with exposed brick walls from $395K
Saturday, October 10, 2026
Content Specialist
Sandra Herrera
Sandra Herrera is a writer, editor, and graphic designer based in Brooklyn, NY.
6sqft delivers the latest on real estate, architecture, and design, straight from New York City.
