Affordable Housing

February 16, 2022

Former illegal Upper West Side hotel will become apartments for homeless and low income residents

As part of a larger plan to create much-needed affordable housing, Mayor Eric Adams has expressed his support for converting hotels to residential units. In the first such attempt by his administration, Adams announced on Monday plans to convert what had been an illegal hotel at 258 West 97th Street on the Upper West Side into 80 new units of housing primarily for formerly homeless and low-income New Yorkers.
More on illegal hotels and new housing
February 15, 2022

Lottery opens for middle-income units at new Bronx rental near Yankee Stadium, from $1,600/month

A housing lottery opened this week for 32 middle-income units in a new 10-story residential building in the Bronx. Located at 1073 Summit Avenue in Highbridge, the building is designed by Marin Architects and developed by Stagg Group. New Yorkers earning 120 percent of the area median income, or between $54,858 annually for a single person to $154,680 annually for a family of five, are eligible to apply for the units, priced at $1,600/month for studios, $1,700/month for one-bedrooms, and $1,900/month for two-bedrooms.
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February 14, 2022

New York City’s housing experts have a wish list for Mayor Adams

Shortly after taking office last month, New York City Mayor Eric Adams introduced the team that will take the lead on affordable housing strategy, headed by Jessica Katz as the city’s chief housing officer. The announcement came not a moment too soon; rents and home prices continue to rise beyond the reach of many, while homelessness and eviction threats are a growing concern. In a city where the topic of housing is never far from view every day, New Yorkers are looking to the new mayor to address the issues they feel must change. 6sqft asked individuals and organizations involved in the city's housing and real estate sectors to offer an important "wish list" item they would like to see Adams address during his time in office.
A housing wish list from NYC to Mayor Adams, this way
February 11, 2022

Apply for 248 mixed-income units at new Passive House tower in the South Bronx, from $362/month

A housing lottery opened this week for 248 mixed-income apartments in the Bronx. Located at 425 Grand Concourse in Mott Haven, the 26-story mixed-use, mixed-income development is designed to meet Passive House standards and is one of the largest to be built in the United States. New Yorkers earning 30, 40, 70, 100, and 130 percent of the area median income are eligible to apply for the units, which range from $362/month studios to $2,676/month three-bedrooms.
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February 3, 2022

Lottery opens for 117 affordable units at health-focused complex in Brownsville, from $959/month

Applications are now being accepted for 117 newly constructed apartments in Brooklyn. Located at 535 East 98th Street in Brownsville, Vital Brookdale is a health-focused mixed-use residential development that is part of New York State's Vital Brooklyn Initiative, an ongoing program for underserved communities in Central Brooklyn. New Yorkers earning 50, 60, and 80 percent of the area median income are eligible to apply for the units, which range from $959/month studios to $2,320/month three-bedrooms.
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February 2, 2022

Apply for 219 affordable units at new sustainable rental in Cypress Hills, from $202/month

On the border of Brooklyn's East New York and Cypress Hills neighborhoods, a newly constructed rental building designed to meet Passive House standards is now accepting applications for 219 affordable apartments. Located at 110 Dinsmore Place, Chestnut Commons rises 14-stories and contains housing for low-income and formerly homeless New Yorkers. Those earning 20, 40, 50, 70, and 80 percent of the area median income can apply for the apartments, which range from $202/month studios to $2,037/month three-bedrooms.
Do you qualify?
January 27, 2022

Lottery opens for 48 units at Downtown Brooklyn rental with impressive rooftop, from $1,542/month

Adding to the high-rise boom of Downtown Brooklyn is The Guild, a 23-story luxury rental building at 310 Livingston Street. A lottery is now open for 48 middle-income apartments at the mixed-use tower, which was designed by Fogarty Finger Architecture and boasts a dark brick facade and bronzed windows. Qualifying New Yorkers earning 80 and 130 percent of the area median income can apply for the apartments, which start at $1,542/month for a one-bedroom unit and go up to $3,219/month for a two-bedroom.
Do you qualify?
January 26, 2022

Lottery opens for 134 apartments at new waterfront rental in Mott Haven, from $1,795/month

A housing lottery opened this week for 134 middle-income units at a new development in the South Bronx. Developed by Brookfield Properties, Third at Bankside is the first phase of Bankside, the most expensive private development in Bronx history. New Yorkers earning 130 percent of the area median income are eligible to apply for the apartments, which range from $1,795/month studios to $2,900/month two-bedrooms.
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January 25, 2022

205 moderate-income apartments available on Greenpoint’s waterfront, from $1,528/month

A housing lottery opened this week for 205 moderate-income units in a new residential building in Greenpoint, Brooklyn. Developed by Halcyon Management Group, 23 West Street is a 14-story residential building that sits within the Calyer Place development project currently under construction on the Brooklyn waterfront. New Yorkers earning 80 percent of the area median income are eligible to apply for the apartments, which range from $1,528/month studios to $1,955/month for two bedrooms.
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January 24, 2022

100% affordable mixed-use project with 376 rentals breaks ground in Coney Island

BFC Partners announced on Monday the groundbreaking for the second phase of their 100 percent affordable housing project in Coney Island. Located at 1607 Surf Avenue, the roughly 361,000-square-foot mixed-use development contains 376 affordable rental units, 9,000 square feet of community space, and 11,000 square feet of commercial space. The $189 million project also includes a new primary care location run by New York City Health and Hospital Corporation.
See more here
January 20, 2022

Live in a new luxury Long Island City rental, from $1,486/month

A housing lottery opened this week for 31 middle-income units in a brand new luxury building in Long Island City. Designed by Fogarty Finger Architects, Rise LIC is a 10-story residential building offering its residents spacious units with extensive amenities. New Yorkers earning 80 and 130 percent of the area median income can apply for the apartments, which range from $1,486/month studios to $3,200/month three bedrooms.
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January 19, 2022

143 middle-income units available at new 34-story tower in Downtown Brooklyn, from $2,523/month

A housing lottery launched this week for 143 middle-income units in a new building in Downtown Brooklyn. Designed by Perkins Eastman, The Willoughby is a 34-story mixed-use residential tower offering prospective tenants the opportunity to save money in the long term with rent-stabilized units. New Yorkers earning 130 percent of the area median income are eligible to apply for the apartments, which range from $2,523/month studios to $3,235/month for two bedrooms.
Find out if you qualify
January 18, 2022

Lottery opens for 288 apartments at 71-story rental in Long Island City, from $2,132/month

Late last year, leasing launched at Sven, a 71-story rental in Long Island City and the second tallest building in Queens. This week, an affordable housing lottery for 288 middle-income apartments opened at the residential skyscraper located at 2959 Northern Boulevard. Qualifying New Yorkers earning 130 percent of the area median income can apply for the apartments, which range in price from $1,990/month studios to $3,843/month three-bedrooms.
Find out if you qualify
January 13, 2022

Apply for 44 mixed-income units at new energy-efficient Bronx rental, from $410/month

Applications are now being accepted for 44 mixed-income apartments at a new rental project near Fordham University in the Bronx. Developed by the BronxPro Group, Cyrus Place Apartments is an eight-story mixed-use, energy-efficient building designed to meet Passive House standards. New Yorkers earning 30, 40, 50, 70, and 80 percent of the area median income are eligible to apply for the apartments, which range from $410/month studios to $2,037/month three-bedroom units.
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January 11, 2022

258 middle-income units up for grabs at Brooklyn’s Pacific Park complex, from $1,905/month

A housing lottery opened this week for 258 middle-income apartments in a new rental building in Prospect Heights. Designed by Perkins Eastman, Brooklyn Crossing is a 51-story residential tower in Prospect Height’s 22-acre Pacific Park mega-development. New Yorkers earning 130 percent of the area median income, or between $65,315 for a single person and $167,570 for a family of five, are eligible to apply for the apartments, which range from $1,905/month studios to $3,344/month for two bedrooms.
Do you qualify?
January 7, 2022

Adams, Hochul will increase police presence in NYC subway system to combat homelessness and crime

Commuters will soon see more New York City police officers riding the subway, Gov. Kathy Hochul and Mayor Eric Adams announced Thursday. Hochul and Adams on Thursday laid out a new initiative to tackle homelessness by deploying teams of specially trained Safe Options Support officials. These "SOS" teams will consist of mental health professionals who will work with the city's outreach teams to assist homeless New Yorkers. To combat crime in the subway system, Adams has ordered the mobilization of more officers who will patrol stations and board trains to make visual inspections.
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January 6, 2022

Hochul’s sweeping New York recovery agenda addresses affordable housing crisis, homelessness

In her first State of the State address Wednesday, Gov. Kathy Hochul announced a sweeping agenda that would address housing affordability, equity, and stability by growing the state's affordable housing stock and expanding the housing supply. She also proposed a set of initiatives to address homelessness and housing instability. Hochul called the state's housing needs "a complex challenge that requires an all-levers approach."
See Hochul's housing proposals
January 4, 2022

NYC unveils plan for 100% affordable homeownership development in Bed-Stuy

The city’s Department of Housing Preservation and Development last week announced their plan for the construction of a 100 percent affordable homeownership development in Bed-Stuy as part of the Bedford-Stuyvesant Housing Plan. HPD, along with Almat Urban and the Bedford-Stuyvesant Restoration Corporation, will work to develop the Norma, an 11-story mixed-use development that will bring 44 homeownership opportunities to first-time home buyers. Located on Fulton Street and Howard Avenue, The Norma will offer a mix of condo-style units ranging from one to three bedrooms designated for those with low to moderate household incomes.
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January 3, 2022

Lottery opens at Williamsburg’s 45-story rental One South First, from $1,550/month

A housing lottery opened this week for 89 middle-income apartments in Williamsburg's tallest building, One South First. Developed by Two Trees Management and designed by COOKFOX Architects, One South First is a 45-story mixed-use building developed on the former Domino Sugar Factory site. New Yorkers earning 80, 125, and 130 percent of the area median income can apply for the apartments, which range from $1,550/month studios to $3,169/month two-bedrooms.
Find out if you qualify
December 29, 2021

Lottery opens for 324 units at world’s largest affordable Passive House, from $388/month

A housing lottery opened this week for more than 300 apartments at the world's largest fully affordable Passive House. Sendero Verde is a mixed-use project currently under construction in East Harlem that includes affordable housing, community space, retail, outdoor gardens, and a school. As part of phase one, the 100 percent affordable building designed by Handel Architects is now accepting applications for 324 mixed-income units. New Yorkers earning 30, 40, 50, 60, 80, and 110 percent of the area median income can apply for the apartments, which range from $388/month studios to $2,524/month three bedrooms.
Find out if you qualify
December 27, 2021

164 affordable units available at the Peninsula complex in the South Bronx, from $396/month

A housing lottery opened this week for more than 160 affordable apartments at a new development in the South Bronx. Developed by Gilbane Development Company, Hudson Companies, and the Mutual Housing Association of New York, Peninsula 1B is a mixed-use building that is part of a project to replace the notorious former Spofford Juvenile Detention Center in Hunts Point. New Yorkers earning 30, 40, 50, 60, and 80 percent of the area median income can apply for the apartments which range from $396/month studios to $2,131/month three-bedrooms.
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December 22, 2021

Apply for 59 middle-income apartments in South Williamsburg, from $1,382/month

A housing lottery opened this week for 59 luxury apartments at a new development situated near the border of South Williamsburg and Bed-Stuy in Brooklyn. Developed by Riverside Developers, the eight-floor residential building, dubbed the Rose Castle Project, is located at 33 Little Nassau Street, between Kent and Franklin Avenues. New Yorkers earning 70, 90, and 130 percent of the area median income can apply for the units, which range from $1,382/month one-bedrooms to $2,520/month two-bedrooms.
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December 20, 2021

Lottery opens for nearly 700 mixed-income units at huge Far Rockaway complex, from $388/month

A housing lottery opened this week for 692 affordable apartments at a brand new development in Far Rockaway, Queens. Developed by Phipps Houses, the Rockaway Village Apartments consist of three buildings within a massive complex, which is currently under construction on site of a former abandoned shopping center. New Yorkers earning 30, 40, 50, 60, 80, and 100 percent of the area median income can apply for the lottery units, which range from $388/month studios to $1,885/month three-bedrooms.
Details here
December 16, 2021

NYC Council approves plan to rezone Soho and Noho, which will add 900 affordable units

The New York City Council on Wednesday voted to approve the plan to rezone Soho and Noho, a major policy win for Mayor Bill de Blasio in his final days in office. The rezoning aims to bring about 3,000 new homes, with roughly 900 of them permanently affordable, to the Lower Manhattan neighborhoods, which are two of the wealthiest in the city.
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December 15, 2021

119 affordable apartments available in the South Bronx, from $362/month

Applications are now being accepted for 119 newly constructed apartments in the South Bronx. Located at 980 Westchester Avenue in Foxhurst, the seven-story mixed-use building is being developed by Atlantic Building Ventures and designed by GF55 Partners. New Yorkers earning 40, 50, 60, and 70 percent of the area median income can apply for the apartments, which range from $362/month studios to $1,760/month three-bedrooms.
Find out if you qualify