200 spots open on waitlist for affordable units near Madison Square Park, from $1,400/month

Posted On Mon, April 15, 2019 By

Posted On Mon, April 15, 2019 By In affordable housing, housing lotteries, Nomad

Photo via Jeffery Zeldman on Flickr

One of the first luxury residential towers built in Nomad has reopened its affordable housing waitlist. Instrata Nomad, located a few blocks north of Madison Square Park at 10 East 29th Street, was constructed in 1999 during the neighborhood’s resurgence. Qualifying New Yorkers earning 80 percent of the area median income can apply to be placed on the waitlist for the units, which include $1,404/month studios and $1,485/month one-bedrooms.

Designed by SLCE Architects, the 50-story tower includes more than 400 apartments, with varying layouts available. Recently listed market-rate rentals up for grabs at the building include a $4,765/month one-bedroom, and a $6,655/month two-bedroom, two-bathroom, according to CityRealty.

Interiors feature a neutral color scheme, solid hardwood floors, and oversized windows. Kitchens come equipped with stainless steel appliances and Kohler fixtures. Instrata, known for its lifestyle rental residences across the country, offers hotel-style amenities as well as events for residents, including home organizing, comedy club nights, and cooking classes.

Other perks include in-unit laundry, a 24-hour attended lobby, concierge, roof deck, pet lounge, fitness center, and on-site parking. Nearest subway lines are the 6, B, D, F, M, N, Q, R, and W.

Qualifying New Yorkers can apply to be placed on the waitlist at Instrata Nomad until May 16, 2019. Complete details on how to apply are available here (pdf). Questions regarding this offer must be referred to NYC’s Housing Connect department by dialing 311. And find market-rate apartments at Instrata Nonad here.

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Neighborhoods : Nomad

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