A common complaint about the city’s affordable housing lotteries is that they don’t often pertain to middle-income New Yorkers who are struggling to pay market-rate rents just the same. But here’s the chance for this often-overlooked group to get in on the action — a lottery launches tomorrow for 55 middle-income apartments at 325 East 25th Street. Not only do the rents range from $1,715/month studios to $2,216/month two-bedrooms, but the building is located in a prime Murray Hill location just north of Gramercy and right in the mix of restaurants and bars (okay, maybe just bars) for which the ‘hood is known.
Previously, the site was a vacant lot, but SLCE Architects were commissioned to design the nine-story affordable building back in 2014 for the nonprofit Phipps Houses. Amenities include a 24-hour concierge, package room, bike room, landscaped rear yard, and for an additional fee, a laundry room and community room.
The lottery officially opens tomorrow and applications will be taken until July 27, 2016. Apply here.
- Lottery Launches for 29 Affordable Units at Extell’s 70 Charlton in West Soho, From $833/Month
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- Live in Extell’s Hudson Yards Skyscraper 555Ten for $910/Month
Find below 6sqft’s map of other ongoing housing lotteries:
Neighborhoods : Murray Hill