housing lotteries

affordable housing, Harlem, housing lotteries

Rendering courtesy of NYC Department of Housing Preservation & Development

An affordable housing lottery for those earning 30, 60, or 100 percent of the area median income has launched at the new Harlem rental Balton Commons. Located at 267 West 126th Street, the energy-efficient building meets Passive House standards and will feature tech incubator space managed by Silicon Harlem, community facility space, and ground-floor retail. The 32 available units range from $362/month studios to $2,398/three-bedrooms.

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affordable housing, Cool Listings, housing lotteries, Upper West Side 

Photo by Peter Burka on Flickr

Eight income-restricted condos on the Upper West Side are available for purchase for under $315,000 as part of two housing lotteries that launched last week. Located at 107 West 105th Street and 981 Amsterdam Avenue, the apartments are Housing Development Fund Corporation (HDFC) co-ops, which means they are priced below market rate and designated for New Yorkers with certain household incomes. Qualifying New Yorkers earning 110 percent of the area median income, or between $88,500 and $141,790 annually, can apply for the available two-bedroom apartments.

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affordable housing, housing lotteries

Rendering courtesy of Beyer Blinder Belle

A housing lottery opened this week for 95 affordable apartments at a newly constructed rental tower in the “city outside the city.” Located at 14 LeCount Place in downtown New Rochelle, the 27-story luxury building is the latest mixed-use development to rise in the bustling Westchester city. Eligible applicants must earn 50 or 70 percent of the area median income, between $44,650 annually for a one-person household and $89,250 annually for a four-person household. Applications are now being accepted for studios, one-, and two-bedroom apartments, ranging in price from $1,082/month to $1,953/month.

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affordable housing, housing lotteries, mott haven

All renderings courtesy of NYC Department of Housing Preservation & Development

In the Mott Haven section of the Bronx, just a block away from the Madison Avenue Bridge and 138th Street subway station, a new apartment building has all the amenities one could want for a work-from-home life. There’s a cool roof deck complete with a dog run and firepits, a fitness center plus yoga room, game room, movie room, and several co-working spaces. And for those earning 130 percent of the area median income, a middle-income affordable housing lottery has just launched for 65 units, ranging from $2,000/month studios to $2,900/month three-bedrooms.

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affordable housing, Greenpoint, housing lotteries

All images courtesy of NYC Department of Housing Preservation & Development, unless otherwise noted

A housing lottery opened this week for 127 middle-income apartments at a brand new rental tower in Greenpoint. Two Blue Slip, one half of a pair of luxury towers developed by Brookfield Properties and Park Tower Group, is a 40-story building located on the waterfront at the northern end of the Brooklyn neighborhood. New Yorkers with combined household incomes between $81,258 and $192,400, or 130 percent of the area median income, can apply for the apartments, which start at $2,370/month studios, $2,542/month one-bedrooms, $3,063/month two-bedrooms, and $3,530/month three-bedrooms.

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affordable housing, housing lotteries, Midtown East

All renderings courtesy of NYC Department of Housing Preservation & Development

Here’s an opportunity to live in a luxury Manhattan rental for cheap (relatively). The Gilroy, a new 40-story tower at 232 East 54th Street, is currently accepting housing lottery applications for 40 middle-income apartments, set aside for New Yorkers earning 70 and 130 percent of the area median income. Available apartments start at $1,281/month for a studio, $1,375/month for a one-bedroom, and $1,660/month for a two-bedroom.

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affordable housing, Clinton Hill, housing lotteries

Rendering courtesy of NYC Department of Housing Preservation & Development

A housing lottery opened this week for about a dozen apartments in Brooklyn’s charming Clinton Hill neighborhood. Located at 445 Vanderbilt Avenue, the development is part of a larger complex that also includes seven three-story townhouses currently under construction on the other side of the property. The “affordable” units available through the housing lottery don’t provide much of a discount, with apartments set aside for New Yorkers earning 130 percent of the area median income. Units include three $2,431/month studios, $2,592/month one-bedrooms, and $3,090/month two-bedrooms. The current median rental price in the neighborhood is $2,825/month, according to data from CityRealty.

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affordable housing, Flatbush, housing lotteries

Rendering courtesy of BRP Companies

On the border of Flatbush and Prospect Lefferts Gardens, just two blocks away from Prospect Park, a new affordable housing development has opened its lottery for 254 apartments, ranging from $566/month studios to $3,542/month three-bedrooms. Located at 800 Flatbush Avenue and called Caton Flats, the 14-story mixed-use building sought “to reinvigorate the local Caribbean-American community through an upgraded Flatbush Caton Market, new retail space, and new headquarters of The Caribbean American Chamber of Commerce and Industry,” reported CityRealty. The homes are available to those earning 40, 60, 110, and 165 percent of the area median income.

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affordable housing, Crown Heights, housing lotteries

Rendering courtesy of NYC Department of Housing Preservation & Development

The city on Thursday launched an affordable housing lottery for 55 rentals at the Bedford Union Armory redevelopment in Crown Heights. Recently renamed the Major R. Owens Health & Wellness Community Center, the former home of the U.S. Army’s Cavalry Troop C is being transformed into a mixed-use building with recreational and community space, as well as mixed-income apartments and office space. New Yorkers earning 30, 40, 50, and 60 percent of the area median income can apply for the units available in this first phase, ranging from $367/month studios to $1,472/month three-bedrooms.

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affordable housing, Coney Island, housing lotteries

Rendering courtesy of Handel Architects

As part of the Coney Island Phase I development, an affordable housing lottery launched today for 400 units, available to those earning 30, 40, 50, 60, 100, and 130 percent of the area median income. Located at 2926 West 19th Street, the new development is across the street from the Brooklyn Cyclones at MCU Park and just steps away from the Coney Island Stillwell Avenue Q train station and the historic Coney Island boardwalk and beach. Available apartments range from $367/month studios to $2,250/month three-bedrooms.

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