Rent Stabilized Apartments, Lottery Now Open!

At Fetner Properties, we don’t just build apartments, we build communities and our mission is to ensure that our residents feel welcome and comfortable in their homes. We value diversity, encourage relationships among our residents and strive to provide a home to fit your lifestyle.
Only qualified applicants will be eligible to lease rent stabilized units.

If your household size and income meet the income requirements listed, you may be eligible and should apply.

Prior to our lottery opening for applications, we recommend that you Contact Us at AH240@fetner.com; we will add you to our inquiry list and you will be notified when you can apply.

Once you are notified that our lottery is open, you can apply in one of two ways: Go to 
https://housingconnect.nyc.gov/PublicWeb/auth/sign-up and create an online account to submit your application electronically.
Or
You can request a paper application by mail. Send a self-addressed envelope to: Verdant Forn Greene c/o K&G Upright, PO Box 667, Yonkers, NY 10704. DO NOT submit an electronic application and a paper application. You may be disqualified.

A household is everyone who will be living with you in your apartment i.e. spouse, children, parents, siblings etc.

Income is money from all sources from anyone living in your household. This includes wages, bonuses, tips, unemployment compensation, alimony, child support, pension benefits, Social Security benefits, recurring gifts and public assistance.

Income will be calculated using gross annual income. Gross income is the income you receive before any taxes or deductions. For more information on how income is calculated, please see the “Applicant Income Guide” on HPD website

Household earnings include salary, hourly wages, tips, bonuses, commissions, shift differential, overtime wages, Social Security, Child Support, Unemployment and other earned and unearned sources.

Under this program, all applicants are required to meet the Income Guidelines. Be prepared to present copies of recent years’ federal tax returns, recent paystubs, and copies of financial statements. For more info, please see the “After You Apply” section on HPD’s website: https://www1.nyc.gov/site/hpd/renters/after-you-apply page.

The asset limit is $210,600.

Times have changed, people change and so does income. You are only required to be income qualified at move-in, and thereafter, you do not need to requalify your income.

The process depends on a number of factors, including how many applications we receive and where your application falls in the lottery. It can take a few months from application to move-in but hang in there. It will be worth it!

These are rent stabilized apartments which are protected under a 35-year affordable program of the NYC Department of Housing and Preservation and Development which regulates rent changes. Similar market rate apartments may rent for substantially more and rent increases vary with the market.

Summer 2025

All of our apartments have the same high-end finishes and appliance packages.

All residents enjoy the benefits of our amenities. including fitness center, outdoor terrace, lounge, children’s playroom, yoga studio, golf simulator, media room, game room, esports room, karaoke room, business lounge, and pet spa. There is a $75.00 per person fee.

Residents are responsible for electricity with electric stoves and heat.

Yes. We are happy to welcome pets and their owners into our community and our pet spa.

No. There are no Broker or application fees.

Yes. Once your application is approved by the NYC Department of Housing Preservation and Development, you will have an opportunity to tour the unit before signing a lease.

Please reach out to our team at AH240@fetner.com.