23rd Street subway station and Penn South, via Wiki Commons

Though it’s rare, the city does offer affordable apartments to purchase, and a new waiting list is now open for residences at Penn South, a limited-equity housing co-op (h/t Rachel Holliday Smith). The Chelsea development stretches between Eighth and Ninth Avenues from 23rd to 29th Streets and is comprised of 10 buildings and nearly 3,000 units. Though the complex was constructed almost 60 years ago, its location today is prime thanks to a booming Chelsea and proximity to Hudson Yards. Those who meet the income requirements can enter the 1,250-name waitlist for studios starting at $84,372, one-bedrooms from $101,247, and two-bedrooms from $151,870.

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Design and rendering by EranArc pllc

Several years ago, 6sqft referred to Sheepsheads Bay as “the once-sleepy waterfront community that’s almost as far out as Coney Island.” Since then, a slew of new projects has started to rise in the neighborhood, including the tallest residential building in South Brooklyn and a luxury condo with prices up to $1.7 million. Adding to the buzz is a new affordable housing lottery at 2442 Ocean Avenue, a seven-story, 105-unit rental building that, thanks to its U-shaped design, offers an interior courtyard and many outdoor terraces. The 35 middle-income apartments up for grabs are available to those earning 130 percent of the area median income and range from $1,450/month studios to $2,499/month two-bedrooms.

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Rendering of 626 Bergen via FXCollaborative

A new housing development in the Bronx launched a lottery this week for 63 studio apartments. Located in the South Bronx, the La Central complex will include five buildings with 992 units of mixed-income housing, a new 50,000-square-foot YMCA, a television studio, landscaped courtyard, and a skate park. Qualifying New Yorkers earning 60 percent of the area median income (AMI) can apply for the $650/month studios.

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Rendering courtesy of Marvel Architects

At 112 Edwards Street in Fort Greene, a completely new type of affordable housing is set to launch a lottery for 108 low-income units. The Ingersoll Senior Residences was built as part of the city’s controversial plan to lease NYCHA land to private developers in order to build and maintain more affordable housing. Thanks to a partnership between BFC Partners and SAGE, Advocacy & Services for LGBT Elders, the building is the nation’s largest LGBT-friendly elder housing project and the first in New York City. When the lottery opens on May 29th, individuals or couples who have at least one member age 62 or older can apply for studios and one-bedrooms for which they’ll pay 30 percent of their income, which can range from $0 to $42,700.

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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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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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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 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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