Image courtesy of NYC Department of Housing Preservation & Development
A lottery is now open for 27 apartments at a new rental building in East Harlem near the East River. Located at 2269 First Avenue, the building, known as East River Lofts, offers unique homes with loft areas and a long list of amenities. Qualifying New Yorkers earning 130 percent of the area median income–between $58,286 annually for a one-person household and $167,570 annually for a five-person household–can apply for units that range from $1,700/month studios to two-bedrooms for $2800/month.
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152 East 116th Street, second from right. Photo © Ondel Hylton/CityRealty
An affordable housing lottery has opened for seven income-restricted HDFC co-ops in East Harlem. The two-bedroom apartments, located at 152 East 116th Street, are available to those earning 90 percent of the area median income, which correlates to a two-person household earning between $70,672 and $85,950 annually up to a five-person household earning between $70,672 and $116,010. The estimated sale price of the units is $208,854 and those selected will have to put a minimum of three percent down.
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Rendering of Timbale Terrace courtesy of Lantern Organization, Mega Development, Urban Architectural Initiatives, HPD
Nearly 600 affordable homes and a new performing arts center are planned for two sites in East Harlem, the New York City Department of Housing and Preservation announced Friday. The projects include a 330-unit residential building with a new arts center for the Afro Latin Jazz Alliance and a 250-unit development that will have an expanded East Harlem Multi-Service Center. The projects are among the first major developments under the East Harlem rezoning, which was approved in 2017.
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Photo credit: NOISE
East Harlem rental The Smile is noteworthy for a lot of things–its design by Bjarke Ingels Group (BIG), a fitness center with spa-like amenities, and the rooftop complete with a plunge pool, multiple whirlpools, and an outdoor movie theater. And now, a handful of its units have further bragging rights, as they’ve been outfitted with a modular furniture system by Bumblebee Spaces. Using a robotic system that’s affixed to the ceiling, the bed, desk, and storage elements can all be easily summoned or stowed-away into the ceiling. The unit is actually asking $3,550 a month, but with four months free on a 16-month lease, the net effective rent is $2,662.
Photo courtesy of Thrillist
Noncelebrity New Yorkers will finally be able to taste the iconic Italian food of Rao’s, long considered the city’s most exclusive restaurant. As part of a joint program led by culture brand Thrillist and ghost kitchen operations company Zuul, the East Harlem institution will offer delivery of its signature dishes for the first time ever. As part of the program, ten New York City restaurants will lead a two-week chef residency with limited-edition menu items available for takeout and delivery.
Photo courtesy of NOISE
Living in a starchitect-designed apartment building is now slightly more attainable. The Smile, a new rental tower in East Harlem designed by BIG-Bjarke Ingels Group, has officially opened. The 11-story tower at 158 East 126th Street, named for its grin-like shape, contains 233 apartments, 70 of which are affordable. Leasing kicked off in September, with pricing for the market-rate rentals starting at roughly $2,056/month. New photos released this week take us inside the minimalist model residences and the impressive amenity package that is tailored to those working from home, including a co-working studio and a rooftop with a plunge pool, three whirlpools, and an outdoor movie theater.
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Photo of 111 East 115th in August 2017, via CityRealty
When we wrote about the initial affordable housing lottery at 111 East 115th back at the beginning of 2018, we questioned how these “affordable” apartments provided any financial relief when they were, in some cases, even more expensive than the market-rate units. The same conundrum holds true now, as the East Harlem rental has just opened up a 250-name waitlist for those earning 130 percent of the area median income. The apartments include $2,253 – $2,675 one-bedrooms and $2,784 – $3,207 two-bedrooms. A recent market-rate one-bedroom rented for $2,575, while a two-bedroom rented for $2,716.
Construction photo of The Smile, © CityRealty
It’s your chance to live in an apartment designed by acclaimed architect Bjarke Ingels. A housing lottery for his project at 146 East 126th Street in East Harlem will launch on Friday for 70 income-restricted apartments. Dubbed “The Smile” for its unique curved configuration, the 11-story rental comes with an impressive amenity package, including a rooftop pool, outdoor movie theater, fitness center, and more. New Yorkers earning 60 percent and 130 percent of the area median income can apply for the apartments, which range from $1,023/month studios to $2,849/month two-bedrooms.
Do you qualify?
The building at 1660 Madison is near Central Park’s Conservatory Garden; Photo by Cultivar 413 / Flickr cc
A housing lottery is launching to replenish the waitlist for a number of rental buildings in East Harlem. Starting Monday, applications will be accepted for 2,000 spots on a waitlist for buildings at 1890-1990 Lexington Avenue, 1940-1962 First Avenue, 420-455 East 102nd Street, 1295-1309 Fifth Avenue, and 1660 Madison Avenue. New Yorkers earning 150 and 160 percent of the area median income can apply for the apartments, ranging from $1,667/month studios to $3,714/month four-bedroom apartments. Eligible applicants will be randomly selected and placed on the waitlist for future vacancies.
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Photo of the Arthur Avenue Retail Market by Leonard J. DeFrancisci via Wikimedia Commons
The New York City Economic Development Corporation (NYCEDC) last week unveiled a new brand strategy for the city’s network of six public markets, which includes a multilingual ad campaign, a dynamic new website and social media presence, direct mail campaigns and more, all of which are designed to consolidate a network of historic markets under one city-wide brand. It’s all part of the organization’s comprehensive initiative to promote NYC’s public markets–including Essex Market, the Bronx’s Arthur Avenue Market, and Williamsburg’s historic Moore Street Market–as “world class destinations for both local residents and tourists.”
See what’s in store