The Financial District‘s new 23-story luxury rental tower Exhibit offers what’s becoming the usual package of high-end amenities–a wrap-around roof deck, lounge, and fitness studio complete with a yoga room and Pelaton indoor cycles–but what sets the project apart is that it’s considered the city’s “first curated rental residence.” The building at 60 Fulton Street has on display a collection of more than 100 pieces of art, from works by a 5 Pointz graffiti legend to massive photography, which they consider “a dynamic celebration of the downtown art, music, culture, and style that made New York City the capital of the world.” Whether or not you buy into the hype, you might have a chance to live in this hip building for a lot less. The lottery is currently open for 30 affordable units ranging from $613/month studios to $2,733/month two-bedrooms, reserved for households earning 40, 60, or 130 percent of the area median income.
Little Zelda is a popular cafe in Crown Heights; photo via CityRealty
The lottery launched on Thursday for three middle-income units in a new building located just off Crown Height’s hip Franklin Avenue. Within walking distance to tasty restaurants and eclectic stores, as well as the Brooklyn Museum and Prospect Park, 615 St. John’s Place sits in one of the most coveted areas of Central Brooklyn. Qualifying New Yorkers earning 130 percent of the area median income can apply for the three one-bedroom apartments for $2,250 per month.
Rendering via Karl Fischer
Here’s your chance to have the best of both worlds–live right off Myrtle Avenue and the J, M, Z stop in Bushwick but still have a nice, quiet place to come home to. The lottery is now open for eight affordable units in the brand new Karl Fischer-designed rental at 16 Charles Place, a rare dead-end street that, for years, has been adorned with the ‘hood’s signature graffiti. New Yorkers earning 60 percent of the area median income can apply for the apartments that range from $856/month studios to $1,114/month two-bedrooms.
Despite the city’s recent rezoning efforts to make East Harlem more affordable, it seems as though the latest batch of lotteries are anything but. Last month, a middle-income lottery came online for 111 East 115th Street, where some of the “affordable” apartments were actually more expensive than the market-rate units. As of today, New Yorkers earning 130 percent of the area median income can apply for five one-bedroom apartments at the new rental 1992 Third Avenue, just off 110th Street. The units are reserved for one- and two-person households earning between $77,246 and $99,320 annually and are renting for $2,253/month–not much less than the neighborhood’s $2,392/month average for one-bedrooms.
Rendering via Extell Development
An Extell Development rental building in the East Village is now accepting applications for 50 newly constructed, middle-income units. Not only does the chic building at 524 East 14th Street boast amenities like a fitness center, pool and rooftop deck, it will also have a two-level Target, the chain’s first location in the neighborhood. Qualifying New Yorkers earning 70 and 130 percent of the area median income can apply for units ranging from $1,114/studios to $2,733/month two-bedrooms.
The Department of Housing Preservation and Development on Wednesday released an interactive map of housing lotteries currently accepting applications. Users can click icons displayed on the NYC Housing Connect Map for more information on a lottery, including required income levels, household size and the application deadline. Earlier this week, the department launched a map that displays all of the affordable housing units, buildings and projects which count towards Mayor Bill de Blasio’s Housing New York 2.0 plan.
Photo of Randolph Houses via HPD
Applications are now being accepted for 106 newly constructed, affordable units at Central Harlem’s Randolph Houses. Named in honor of civil rights leader, Phillip Randolph, the houses consist of 36 buildings along West 114th Street, between Adam Clayton Powell and Frederick Douglass Boulevard. Qualifying New Yorkers earning 50 and 60 percent of the area median income can apply for units ranging from $675/month studios to a $1,289/month three-bedrooms. Located at 265 West 114th Street, the building is just a five-minute walk to Central Park.
A 762-foot skyscraper in the Financial District is now accepting applications for 97 affordable apartments. Developed by Carmel Partners and designed by Gerner Kronick + Valcarcel and SLCE Architects, the residential development at 118 Fulton Street (also known as 19 Dutch Street) contains 483 rental units. The glassy tower will have over 8,000 square feet of retail space on the cellar, first and second levels. Qualifying New Yorkers earning 60 percent of the area median income can apply for units ranging from $788/month studios to $1,025/month two-bedrooms.
The lottery for TF Cornerstone’s massive building at 606 West 57th Street officially launched on Tuesday, offering 258 mixed-income rentals in the brand new 42-story tower. Designed by Arquitectonica, the rental, dubbed 606W57, boasts a unique, boxy design and will hold over 1,000 apartments. It sits near other West Side architectural standouts like the pyramid-shaped, Bjarke Ingels-designed Via57 West, as well as the Helena. Qualifying New Yorkers earning 40, 60 and 120 percent of the area median income can apply for units ranging from a $613/month studio to a $2,902/month three-bedroom.
Photo courtesy of City View Living
A housing lottery has launched for five newly-constructed middle-income units at 876 Bergen Street in the rapidly growing Crown Heights neighborhood of Brooklyn. The 8-story, 16-unit building is located near Classon Avenue surrounded by popular restaurants, bars and lots of public transportation options. Amenities include an outdoor garden, a rooftop lounge, 24-hour security cameras, a laundry room and bike storage. Qualifying New Yorkers earning 130 percent of the area median income can apply for one-bedroom apartments for $2,415/month.