Street View of PS 186 in 2018, Map data © 2020 Google
Back in 2016, Dattner Architects completed the restoration of a former early 20th-century school building in Hamilton Heights to a mixed-income affordable rental building that also serves as a new home for the Boys and Girls Club of Harlem. The Residences at PS 186 launched their first affordable housing lottery back then, and they’ve now opened up spots on a re-rental waiting list. New Yorkers earning 40, 60, 130, or 165 percent of the area median income are eligible to apply for units ranging from $526/month studios to $3,142/month two-bedrooms.
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The New York City Public Housing Authority has inked an agreement that will turn 5,902 units over to private developers and raise over $1.5 billion for much-needed repairs, Crain’s reports. In 2018, Mayor Bill de Blasio announced plans to convert 62,000 apartments by 2028 and has so far converted over 7,000 units. Thursday’s deal represents “the largest single package of conversions yet undertaken by the agency,” according to Crain’s. Included in the deal are five complexes: Linden Houses and Boulevard Houses in East New York, Williamsburg Houses in East Williamsburg and Audubon Houses and Harlem River Houses 1 and 2 in Harlem. The long list of selected developers includes major builders like L+M Development and Hudson Companies and some smaller players.
Corner of Webster Avenue and Bedford Park Boulevard; Map data © 2020 Google
A two-building development with 450 affordable housing units will be constructed on property owned by the New York Botanical Garden, developers announced Tuesday. Douglaston Development has entered a 99-year lease with NYBG for a lot on Webster Avenue and Bedford Park Boulevard, located about a block from the 250-acre garden.
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Photo by Kelly on Wiki Commons
A single person earning $123,000 a year is probably not what you’d consider an appropriate candidate for affordable housing, but the new 2020 waitlist at Stuyvesant Town and Peter Cooper Village is set for households earning 165 percent of the area median income. Under those guidelines, $2,985/month one-bedrooms are reserved for individuals earning between $89,550 and $123,255 annually, up to three-person households earning between $89,550 and $158,565. The $3,745/month two-bedrooms are set aside for two-person households earning $112,350 to $140,910 up to five-person households earning $112,350 to $190,245.
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Image by A.V. Flores from Pixabay
The long-anticipated plan to build a home stadium for New York City’s soccer team in the Bronx inched forward last week, the New York Times first reported. The group of developers and the New York City Football Club are close to reaching a deal with the city to bring a 25,000-seat stadium to the South Bronx as part of a $1 billion development plan that also includes a hotel, new school, and affordable housing. New York City F.C., which has been looking for a permanent home for years, currently plays games at nearby Yankee Stadium.
Billionaires’ Row © 6sqft
Mayor Bill de Blasio on Thursday laid out his vision to “save” New York City, pledging to focus on affordability, climate change, and protections for small businesses during his last two years in office. “This city and everything it stands for must be saved. And we are the ones who have to save ourselves,” the mayor said during his State of the City address. De Blasio’s vision involves building on initiatives his administration has put forward during his tenure, including creating more affordable housing, increasing tenant protections, legalizing basement apartments, and launching the second phase of the Green New Deal.
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Photo by MTA New York City Transit/ Marc A. Hermann on Wikimedia
Two new buildings in prime Williamsburg are launching affordable housing lotteries this week. The rental at 196 North 4th Street is accepting applications from New Yorkers earning 80 and 130 percent of the area median income for studios to two-bedroom apartments, starting at $1,174/month. At 660 Driggs Avenue, those earning the same AMI can apply for units, starting at $1,458/month for a two-bedroom and going up to $2,320/month for a one-bedroom.
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180 Broome Street on left; Rendering by Moso Studio
An affordable housing lottery is set to launch Wednesday for 121 mixed-income units at a brand new Lower East Side rental. The Artisan, located at 180 Broome Street, is part of the nine-site Essex Crossing development. The tower contains 263 apartments, retail at street level, office space on levels two through five, and underground access to the Market Line. Qualifying New Yorkers earning 40, 60, 130, or 165 percent of the area median income can apply for the apartments, which range from $562/month studios to $3,770/month three-bedrooms.
Do you qualify?
Part of the Welling Court Mural Project; via Wikimedia
Located just steps from the Welling Court Mural Project and Socrates Sculpture Park, a new rental building in Astoria has launched an affordable housing lottery. Fifteen newly constructed units are up for grabs at the Amana Astoria, located at 14-47 29th Avenue. Qualifying New Yorkers earning 70, 80, and 130 percent of the area median income can apply for the apartments, which range from a $990/month studio to a $2,770/month two-bedroom.
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Renderings courtesy of Fogarty Finger Architects
A housing lottery has just launched for 54 newly constructed units inside the 23-story tower rising next to the historic Dime Savings Bank in Williamsburg. At a height of 264 feet, the mixed-use development is among the tallest in the neighborhood and includes ground-floor retail, 100,000 square feet of office space, and 178 rental apartments. The 109-year-old bank will be preserved and integrated into the project. Qualifying New Yorkers earning 130 percent of the area median income can apply for the units, which range from $2,116/month studios to $3,150/month three-bedrooms.
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