Applications are currently being accepted for 169 newly constructed affordable apartments in the Bronx neighborhood of Fordham Manor. Located at 2519 Creston Avenue just half mile from Fordham University’s campus, the building sits on a corner overlooking St. James Park. Qualifying New Yorkers earning 40, 50, 60, 80, 90, and 110 percent of the area median income can apply for the units, ranging from a $475/month studio to a $2,158/month three-bedroom.
Rendering of 118 Orchard Street by Gorlin Architects; View of former Moscot HQ via Google Street View
A lottery has opened for nine mixed-income units at the new residential building rising in the Lower East Side at the corner of Orchard and Delancey. The new construction at 118 Orchard Street replaced the iconic Moscot eyeglasses store that had been there for 77 years until it moved across the street. The 12-story building topped out earlier this summer and will comprise 24 apartments in total. Individuals and households earning 70 to 130 percent of the area median income are eligible to apply for the handful of one- and three-bedroom apartments, which range from $1,115 to $2,777/month.
Via Creative Commons
New Yorkers applying for affordable housing no longer need to provide credit scores or social security numbers, making it easier for low-income and undocumented immigrant households to qualify, the city announced Wednesday. The Department of Housing Preservation and Development expanded the guidelines of its affordable housing lottery policy to allow applicants to show 12 months of positive rental history instead of a credit check run by a landlord. This erases the need for adult household members to provide a social security number or an individual tax identification number.
Via Flickr cc
Applications are currently being accepted to replenish the waitlist for moderate-income apartments at two Long Island City buildings. Located across from the newly opened Hunter’s Point South Park, the towers at 1-50 50th Avenue and 1-55 Borden Avenue were developed in 2013 as part of the neighborhood’s waterfront redevelopment, with a majority of the apartments set aside low- and middle-income households. But apartments available through the current waitlist are for households earning between $104,538 and $278,300 annually with units ranging from a $2,992/month one-bedroom to a $5,183/month three-bedroom. In 2017, the median household income in Queens was just over $64,500 per year.
Image: Google street view.
A lottery has opened for 16 not-very-affordable units in a newly-constructed building across the street from Maria Hernandez Park in Bushwick. The building at 260 Knickerbocker Avenue is the first high rise adjoining the park. Qualifying New Yorkers earning a whopping 130 percent of the area median income can apply for the available units, including $2,100/month one-bedrooms and $2,300/month two-bedrooms.
Rendering of Athena North courtesy of Marvel Architects
A lottery opened this week for 114 mixed-income units at buildings that border the neighborhoods of Clinton Hill and Prospect Heights in Brooklyn. The newly constructed buildings are located at 909 Atlantic Avenue and 1043 Fulton Street, dubbed Athena South and Athena North, respectively. The affordable housing comes as part of the Hudson Companies’ redevelopment of the Brooklyn Heights branch of the Brooklyn Public Library, which sits in the developer’s new 38-story tower, One Clinton. Qualifying New Yorkers earning 60, 80, and 130 percent of the area median income can apply for the units, ranging from a $896/month studios to $2,952/month three-bedrooms.
Rendering via ZH Architects
As Cityrealty reported, construction topped out at Flow Chelsea at 211 West 29th Street last fall; the 24-story building’s distinguished stone facade and framed windows are all the way up, and as work winds down, an affordable lottery has been announced for 17 of the building’s 55 units. Individuals and households earning 70 to 130 percent of the area median income are eligible to apply for studio through three-bedroom apartments with rents that range from $1,169/month for studios to $3,051/month for a two-bedroom. As Chelsea‘s median rent ranges from $3,112/month for studios to $7,295/month for two-bedrooms (figures per CityRealty listings), this is quite a deal.
Rendering courtesy of Reside New York
If you don’t mind waiting out the L train “slowdown,” this opportunity might be for you. The lottery is now open for eight newly constructed, middle-income units at 150 Meserole Street in Williamsburg, just two blocks from the Montrose Avenue station. The apartments in the brand-new building are available to households earning 130 percent of the area median income and range from $1,689/month for a studio to $2,189/month for two-bedrooms.
image via Google Earth
Applications are now being accepted in the lottery for 93 newly-constructed rental apartments at Bedford Arms at 1336 Bedford Avenue, Crown Heights, Brooklyn. The new building’s 93 units are available to households earning between 40 percent and 165 percent of the area median income, ranging from $590/month one-bedrooms to $3,060/month three-bedrooms.
The larger Compass Residences via Dattner Architects
The lottery has just launched for 328 newly-constructed Compass III residences at 1560 Boone Avenue, Crotona Park East and 101 East 173rd Street in Mount Hope, Bronx. In 2011 the West Farms Redevelopment Plan for the 17-acre, 11-block former industrial area in Crotona Park East by Dattner Architects became the largest Bronx rezoning ever passed. When complete, the complex will offer 1,325 units of affordable housing along with retail and community facilities. The new building’s 328 units are available to households earning between 30 percent and 100 percent of the area median income, ranging from $331/month studios to $1,921/month three-bedrooms.