Affordable Housing

January 6, 2025

NJ towns must meet affordable housing deadline by end of the month

Municipalities across New Jersey are approaching a crucial deadline in the state's efforts to address its affordable housing shortage. Local officials from all 564 municipalities have until January 31 to accept or object to the number of new affordable homes they must develop over the next decade and propose their own target. In October, the state’s Department of Community Affairs released calculations showing a current need for 65,410 low- and moderate-income homes, with an additional 84,698 needed over the next 10 years.
Find out more

Affordable Housing

40 affordable apartments available in East New York, from $544/month

Renderings courtesy of the NYC Department of Housing Preservation and Development

January 3, 2025

40 affordable apartments available in East New York, from $544/month

By Aaron Ginsburg

A new seven-story residential building in East New York launched a lottery for 40 affordable apartments last week. Located at 365 Shepherd Avenue, Shepherd Glenmore offers tenants state-of-the-art apartments and modern amenities at affordable prices. New Yorkers earning 30, 50, and 60 percent of the area median income can apply for the units, priced from $544/month studios to $1,864/month two bedrooms.
FIND OUT IF YOU QUALIFY

Affordable Housing

City-owned garage on Staten Island’s North Shore to become 232 affordable homes

Renderings courtesy of Purpose by Design Architects

December 31, 2024

City-owned garage on Staten Island’s North Shore to become 232 affordable homes

By Aaron Ginsburg

A city-owned sanitation garage on Staten Island's North Shore will be transformed into 232 affordable homes. The city's Department of Housing Preservation and Development (HPD) on Monday revealed the development team and plans for Hillside Grove, which will convert an unsightly garage at 539 Jersey City into a mixed-use affordable housing complex with a grocery store, amenities, and open space.
Find out more

Affordable Housing

NY’s first Dominican arts and cultural center in Inwood opens lottery for 484 apartments, from $555/month

Rendering courtesy of the NYC Department of Housing Preservation and Development

December 30, 2024

NY’s first Dominican arts and cultural center in Inwood opens lottery for 484 apartments, from $555/month

By Aaron Ginsburg

A new mixed-use development in Inwood that will house New York City's first-ever Dominican arts and cultural center and more than 600 apartments has launched an affordable housing lottery. Located at 375 West 207th Street, the 30-story building will house a museum and exhibition space dedicated to showcasing and preserving the vibrant arts and culture of the Dominican Republic. New Yorkers earning 30, 50, 70, and 110 percent of the area median income can apply for the units, priced from $555/month studios to $2,592/month two bedrooms.
Learn if you qualify

Affordable Housing

143 apartments available next to Brooklyn Botanic Garden in Crown Heights, from $914/month

Rendering courtesy of the NYC Department of Housing Preservation and Development

December 27, 2024

143 apartments available next to Brooklyn Botanic Garden in Crown Heights, from $914/month

By Aaron Ginsburg

A housing lottery has opened for 143 mixed-income apartments just a block from the Brooklyn Botanic Garden in Crown Heights. Located at 54 Crown Street, Loden is a 17-story building offering residents thoughtfully designed apartments in a prime location within the vibrant Brooklyn neighborhood, with Prospect Park, the BBG, and public transit just steps away. New Yorkers earning 40, 60, and 100 percent of the area median income can apply for the units, priced from $914/month studios to $3,067/month two bedrooms.
Learn if you qualify

Affordable Housing

December 27, 2024

6sqft’s top stories of 2024!

By 6sqft

As we close the chapter on 2024, 6sqft is taking a moment to reflect on the stories that resonated most with readers this year. From record-breaking real estate deals near Central Park and the Upper West Side's new tallest tower to a visual portal linking Dublin and NYC and the city’s first Passive House public schools, readers stayed up to date on New York City's latest happenings. Readers also enjoyed an exclusive look at some of the city's most remarkable real estate listings, including the priciest townhouse in Park Slope and a restored Marcel Breuer-designed home on the Hudson.
what readers loved this year, ahead

Upper East Side luxury rental opens lottery for 33 apartments, from $914/month

Rendering courtesy of the NYC Department of Housing Preservation and Development

December 16, 2024

Upper East Side luxury rental opens lottery for 33 apartments, from $914/month

By Aaron Ginsburg

A new luxury rental on the Upper East Side launched a housing lottery last week for 33 mixed-income apartments. As a modern interpretation of Manhattan's Art Deco buildings, The Delecor at 250 East 83rd Street in Yorkville offers a pre-war-inspired design with 128 apartments and 25,000 square feet of residential amenities, including a rooftop lounge and indoor pool. New Yorkers earning 40, 60, and 130 percent of the area median income can apply for the units, priced from $914/month for studios to $4,020/month for two bedrooms.
Learn if you qualify

Affordable Housing

National Black Theatre’s new 21-story home in Harlem opens lottery for 58 apartments, from $834/month

Rendering courtesy of NYC Department of Housing Preservation and Development

December 10, 2024

National Black Theatre’s new 21-story home in Harlem opens lottery for 58 apartments, from $834/month

By Aaron Ginsburg

A 21-story mixed-use tower in Harlem that will soon house the historic National Black Theatre (NBT) and over 200 apartments opened an affordable housing lottery last week. On the corner of 125th Street and 5th Avenue, the new development, Ray Harlem, will include 27,000 square feet for NBT, the city's longest-running Black theater founded in the neighborhood in 1968, 222 residences, and commercial space. About a quarter of the apartments are designated affordable. New Yorkers earning 40, 60, and 130 percent of the area median income can apply for the units, priced from $834/month for studios to $3,643/month for two bedrooms.
Find out if you qualify

Affordable Housing

NYC Council passes ‘City of Yes,’ paving the way for 82K new homes

Credit: Ed Reed/Mayoral Photography Office on Flickr

December 6, 2024

NYC Council passes ‘City of Yes,’ paving the way for 82K new homes

By Aaron Ginsburg

The City Council on Thursday voted 31-20 to approve Mayor Eric Adams' landmark "City of Yes" housing proposal, marking a major step forward in addressing New York City's critical housing shortage. The final version of the plan largely resembles the mayor's original vision but includes amendments by the Council that lower the projected number of new homes from 109,000 to roughly 82,000 over the next 15 years. The plan also includes significant investments in affordable housing, homeownership, tenant protections, and sewer, street, and open space infrastructure development across the five boroughs.
Learn more

Long Island City luxury tower opens lottery for 72 apartments, from $3,423/month

Credit: Fogarty Finger

December 5, 2024

Long Island City luxury tower opens lottery for 72 apartments, from $3,423/month

By Aaron Ginsburg

A new 35-story luxury tower in Long Island City has launched a housing lottery for 72 middle-income apartments. Located at 23-10 42nd Road, Aura combines curated boutique residences with spacious layouts and an expansive amenities package not commonly seen in other developments in the neighborhood. New Yorkers earning 130 percent of the area median income can apply for the units, priced from $3,423/month for studios to $4,376/month two bedrooms.
Learn if you qualify

Affordable Housing

New Greenpoint rental opens lottery for 59 apartments, from $1,869/month

By Aaron Ginsburg

Applications are currently being accepted for the first phase of a new luxury development in Greenpoint. A lottery launched for 59 apartments at Greenpoint Central, an eight-story, two-building complex located at 65 and 75 Dupont Street. New Yorkers earning 80 and 130 percent of the area median income can apply for the units, priced from $1,869/month for studios to $4,376/month for two bedrooms.
Find OUT if you qualify

Affordable Housing

‘City of Yes’ gets key Council approval after $5B deal reached

Credit: Tommy Kwak on Unsplash

November 22, 2024

‘City of Yes’ gets key Council approval after $5B deal reached

By Aaron Ginsburg

The City Council moved Mayor Eric Adams' "City of Yes" housing proposal forward on Thursday after securing $5 billion in funding and making several changes to the original plan. The Council's zoning subcommittee and land use committee voted in favor of the text amendment with modifications to keep some parking requirements and restrict accessory dwelling units (ADUs) in some neighborhoods. The latest version keeps the mayor's plan largely intact but will reduce the number of projected new homes from 109,000 over the next 15 years to 80,000.
Find out more

46 affordable co-ops in Bed-Stuy for sale, from 206K

37 Rochester. All renderings courtesy of NYC Department of Housing Preservation and Development

November 20, 2024

46 affordable co-ops in Bed-Stuy for sale, from 206K

By Devin Gannon

First-time homebuyers can apply to own an affordable co-op in Bed-Stuy through a new housing lottery. The Belle Gardens cooperative includes 46 newly constructed one- and two-bedroom apartments at four buildings in the neighborhood, including 37 Rochester Avenue, 20 Suydam Place, and 331-335 Ralph Avenue. New Yorkers earning 90, 110, and 130 percent of the area median income, and who have 10 percent of the purchase price available for the down payment, can apply for the apartments, priced from $205,827 for a one-bedroom.
how to apply

Affordable Housing

Live next to the Staten Island Ferry at this new waterfront rental, from $903/month

Images courtesy of Triangle Equities

November 19, 2024

Live next to the Staten Island Ferry at this new waterfront rental, from $903/month

By Aaron Ginsburg

A housing lottery launched this week for 30 mixed-income apartments at a new luxury rental on the North Shore of Staten Island. Located across from the street from the Staten Island Ferry, the Residences at Lighthouse Point is part of a mixed-use development rising on the Stapleton waterfront, as well as the broader ongoing effort to revitalize the neighborhood. New Yorkers earning 40, 60, and 130 percent of the area median income can apply for the units, priced from $903/month studios to $4,001/month two bedrooms.
find out if you qualify

Affordable Housing

Luxury rental in Astoria launches lottery for 90 apartments, from $828/month

Rendering courtesy of MNS

November 13, 2024

Luxury rental in Astoria launches lottery for 90 apartments, from $828/month

By Aaron Ginsburg

Applications are now being accepted for 90 mixed-income apartments in a new luxury rental building in Astoria. Located at 34-35 44th Street on the border of Long Island City, the 13-story Hearthstone offers residents thoughtfully designed units with top-tier amenities, blocks from bustling Steinway Street. New Yorkers earning 40, 60, 100, and 130 percent of the area median income can apply for the units, with one bedrooms ranging from $828/month to 3,298/month and two bedrooms from $967/month to $2,768/month.
learn if you qualify

Affordable Housing

58 apartments available at Gowanus rental, from $848/month

Renderings courtesy of NYC Department of Housing Preservation and Development

November 6, 2024

58 apartments available at Gowanus rental, from $848/month

By Aaron Ginsburg

A housing lottery launched this week for 58 mixed-income apartments at a brand-new rental near the Gowanus Canal. Located at 240 3rd Avenue, Union Channel offers tenants light-filled apartments complemented by an impressive suite of amenities. New Yorkers earning 40, 60, 100, and 130 percent of the area median income can apply for the apartments, with studios priced from $848/month, one bedrooms from $903, two bedrooms from $1,071, and three bedrooms from $1,225.
learn if you qualify

Affordable Housing

NYC Council responds to ‘City of Yes’ with housing plan that goes beyond zoning

Credit: Diane Picchiottino on Unsplash

November 4, 2024

NYC Council responds to ‘City of Yes’ with housing plan that goes beyond zoning

By Aaron Ginsburg

The New York City Council has released a housing plan as a counter-proposal to Mayor Eric Adams' "City of Yes" plan. Council Speaker Adrienne Adams last week announced "City for All," which pairs the zoning changes of the mayor's plan, currently under review by the Council, with several measures and funding demands to ensure affordability for renters and homeowners.
Find out more

November 1, 2024

Updated Midtown South rezoning plan could create nearly 10,000 new homes

By Aaron Ginsburg

New zoning tools will allow the city to build bigger apartment buildings in Midtown Manhattan, doubling the new housing units permitted under a proposed rezoning. The Department of City Planning on Thursday released an updated draft of the Midtown South rezoning plan to incorporate floor area ratio (FAR) caps of 15 to 18, enabled by the state's recent repeal of the 12 FAR cap. This change allows larger developments and roughly 9,700 new homes, up from a previous estimate of 4,000, in a 42-block area of Midtown where housing development has been largely prohibited.
get the details

Live in one of Long Island City’s tallest towers, from $2,990/month

Renderings courtesy of NYC Department of Housing Preservation and Development

October 31, 2024

Live in one of Long Island City’s tallest towers, from $2,990/month

By Devin Gannon

A 66-story in Long Island City launched a housing lottery this week, offering high-rise luxury living at a discounted price. Lumen LIC, at 43-30 24th Street, is a huge new rental designed by Hill West Architects and developed by Carmel Partners, with 938 apartments and over 17,000 square feet of ground-floor retail. New Yorkers earning 130 percent of the area median income can apply for the apartments, priced from $2,990/month for studios to $5,114/month for three-bedrooms.
READ MORE

Affordable Housing

Hunter’s Point waterfront rental opens lottery for 173 apartments, from $2,490/month

Renderings by Binyan unless otherwise noted.

October 29, 2024

Hunter’s Point waterfront rental opens lottery for 173 apartments, from $2,490/month

By Aaron Ginsburg

Applications are now being accepted for 173 middle-income apartments in a new luxury rental development on the Long Island City waterfront. Located at 2-20 Malt Drive in Hunter's Point South, the 34-story building is part of the three-tower Malt Drive development bringing over 1,000 new homes to the area. New Yorkers earning 130 percent of the area median income can apply for the units, priced from $2,490/month for studios to $3,590/month for two-bedrooms.
Find out if you qualify

Affordable Housing

Long Island City rental opens lottery for 150 apartments, from $2,900/month

Credit: VUW

October 23, 2024

Long Island City rental opens lottery for 150 apartments, from $2,900/month

By Aaron Ginsburg

A housing lottery launched this week for 150 middle-income apartments at a new mixed-use development in the Hunter's Point section of Long Island City. Located at 2-33 50th Avenue, Jasper is a 12-story building that offers residents a holistic living experience with state-of-the-art amenities and convenient access to a grocery store, restaurants, and other retail options on the ground level. New Yorkers earning 130 percent of the area median income can apply for the units, priced from $2,900/month studios to $5,039/month three-bedrooms.
find out if you qualify

Affordable Housing

NJ releases affordable housing requirements for every town, details need for 150,000 new homes

Jersey City, NJ. Credit: Zoshua Colah on Unsplash

October 22, 2024

NJ releases affordable housing requirements for every town, details need for 150,000 new homes

By Aaron Ginsburg

New Jersey towns now know how many affordable homes they need to develop over the next decade to fairly address the state's housing shortage. The Department of Community Affairs last week published the calculations of present and prospective need for affordable housing in all 564 municipalities, required by a law signed by Gov. Phil Murphy in March. The calculations found a present need for 65,410 low- and moderate-income homes and a need for another 84,698 over the next 10 years.
Find out more

Affordable Housing

Lottery opens for 50 mixed-income apartments in Gowanus, from $888/month

Rendering courtesy of the NYC Department of Housing Preservation and Development

October 21, 2024

Lottery opens for 50 mixed-income apartments in Gowanus, from $888/month

By Aaron Ginsburg

Applications are now being accepted for 50 mixed-income apartments at a new rental development in Gowanus. Located at 655 Union Street, the 13-story residential building offers spacious, sun-drenched units with top-tier amenities at the intersection of some of Brooklyn's liveliest neighborhoods. New Yorkers earning 40, 60, 110, and 130 percent of the area median income can apply for the units, priced from $888/month one-bedroom units to $3,982/month two-bedrooms.
Learn if you qualify

Affordable Housing

City begins public review for Atlantic Avenue rezoning plan to create over 4,500 new homes

Rendering of Atlantic Avenue’s improved, and safer streets, courtesy of DCP

October 16, 2024

City begins public review for Atlantic Avenue rezoning plan to create over 4,500 new homes

By Aaron Ginsburg

A plan to create thousands of new apartments and add open space to Atlantic Avenue in Brooklyn is moving forward. Mayor Eric Adams on Tuesday announced the start of the public review process for the Atlantic Avenue Mixed-Use Plan, a rezoning that could create roughly 4,600 new homes—1,440 of which will be permanently income-restricted and affordable—and 2,800 jobs along a 21-block stretch of Atlantic Avenue. The plan will also include traffic safety upgrades at intersections along the corridor to improve pedestrian safety, accessibility, and visibility.
Learn more

Affordable Housing

Pitch a Story

Interested in seeing the property in person?

Interested in seeing the property in person?

Distinctive Post Form

Get in Touch

Send us a Tip

Interesting in learning more about purchasing a new home?

Thinking about selling your home?

Sell a Home (Footer)

Before You Move On from this Page.

Your Passport to NYC:Subscribe for Local Insights and Stories!

Before You Move On
from this Page.

Your Passport to NYC:
Subscribe for Local Insights and Stories!