Photo courtesy of The Helux
Applications are now open for 18 fully renovated units at 520 West 43rd Street in Midtown West. Located between Tenth and Eleventh Avenues, the 33-story building was built in 1998 and boasts Hudson River views and proximity to Port Authority Bus Terminal, Times Square, and Hudson Yards. Known as The Helux, the building’s name is a combination of “Hell’s Kitchen” and “Luxury.” The building comes with a pretty amenities package and no shortage of transportation options. Qualifying New Yorkers earning 130 percent of the area median income can apply for the units, ranging from a $2,135/month studio to a $2,760/month two-bedroom.
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Photo via Wiki Commons
The Doe Fund has announced plans to develop 90 new units of affordable housing in the Bronx on the site of the former Joseph A. Muller Army Reserve Center at 555 Nereid Avenue in Wakefield. The New York City-based nonprofit organization acquired the long-dormant structure in 2013 and has since worked with Wakefield residents to create a redevelopment plan that responds to the community’s needs. As a result, the site will be converted into 90 studio apartments, 54 of which will be reserved for formerly homeless veterans.
Rendering of 848 Lorimer Street in Greenpoint (Image: Meshberg Group)
A lottery offering 16 affordable apartments is now officially open at the newly-constructed mixed-use building at 848 Lorimer Street overlooking McCarren Park in Greenpoint, Brooklyn. Qualifying New Yorkers earning between 80 and 130 percent of the area median income can apply, with rents ranging from a $1,125/month studio to a $2,684/month two-bedroom. The brick-and-glass building is six stories tall with 52 residential units total, and includes a street-level parking garage.
Fabulous amenities, this way
Via 409 Eastern Parkway
Applications are now being accepted for 56 middle-income apartments at a brand new luxury building in Crown Heights. Facing Brooklyn’s historic thoroughfare, 409 Eastern Parkway sits just one block from bustling Franklin Avenue and two blocks from the Brooklyn Museum, Botanic Garden, and Prospect Park. Plus, the building offers residents more than 17,000 square feet of amenities, including a fitness center, pet spa, children’s playroom, co-working spaces, landscaped roof with bocce ball courts, and more. Qualifying New Yorkers earning 80 and 120 percent of the area median income can apply for the units, ranging from a $1,168/month studio to a $2,759/month two-bedroom.
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Rendering via Department of City Planning
Update 4/23/19: The City Planning Commission voted on Monday to approve the Bay Street Corridor rezoning plan, despite opposition from Staten Island Borough President Jimmy Oddo and local community groups, City Limits reported. As the plan now goes in front of the City Council, housing advocates will continue to push for the rezoning to include deeply affordable units.
The City Planning Commission will vote Monday on the rezoning proposal for Staten Island’s Bay Street Corridor, an area between Tompkinsville Park and Tappan Park. Ahead of the agency’s vote, questions remain about the plan’s affordable housing portion, expected to bring 1,800 new residential units to the area. According to a report from Clifford Michel of THE CITY, the rezoning sets aside affordable housing for middle-class professionals, allowing developers to build units for households earning as much as $127,000 per year for a family of three. Based on that income requirement, the “affordable” apartments would rent for more than $3,000 per month.
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Applications are now being accepted for 144 mixed-income apartments at a brand new East Harlem building. Developed by SKA Marin, the building at 1912 First Avenue, called The Gilbert on First, rises 16 stories and contains just over 150 apartments. Qualifying New Yorkers earning between $13,200 and $199,650 annually can apply for the apartments, which range from a $328/month studio to a $3,009/month three-bedroom.
Here’s how to apply
Rendering by Dattner Architects via NY Landmarks Preservation Commission.
An affordable housing developer on Tuesday presented plans to the Landmarks Preservation Commission for a new building that would cantilever over the Empire State Dairy building in East New York. HP Brooklyn Dairy Housing Development Fund Company, part of the nonprofit Housing Partnership Development Corporation, wants to construct a 14-story tower on top of the early 20th-century factory, located at 2840 Atlantic Avenue. Landmarked in 2017, the factory is notable for its architectural style and decorative tile murals. Dattner Architects created the designs for the proposed complex shown in the new renderings. The new construction would be a major change for the property, which was purchased by the developer for $16.75 million last year.
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Rendering courtesy of Monadnock Development/ MHG Architects
An affordable housing lottery launched on Tuesday for 143 units in Spring Creek, a neighborhood in East New York once known only for its landfills and undeveloped marshland. As part of a multi-phase, decades-long project by the city, the area has been slowly transforming into a community of mixed-income and mixed-use developments. The fourth phase of a development called Nehemiah Spring Creek is now accepting applications for studios, one-, two-, and three-bedroom apartments, set aside for New Yorkers earning 30, 40, 50, 60, and 90 percent of the area median income. Apartments up for grabs range from a $426/month one-bedroom to a $1,660/month three-bedroom.
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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.
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Image via Flickr cc
Renting remains an increasingly popular choice in cities throughout the country, where on-the-go millennials with mobile jobs and lifestyles prefer to remain untethered to a specific location. But often, making rent doesn’t equate with staying on budget or having the amount of space you really need. A new study by RENTCafe looks into the issue of rent burden, asking how much space a typical income would get you if you limited your rent to no more than 30% of your income. Their findings show that in Manhattan, Brooklyn, and Boston spending 30% of your income on rent means you’d have to live in less than 300 square feet of space.