Affordable Housing

February 12, 2020

Stuy Town’s new affordable housing lottery caters to those earning six-figures

A single person earning $123,000 a year is probably not what you'd consider an appropriate candidate for affordable housing, but the new 2020 waitlist at Stuyvesant Town and Peter Cooper Village is set for households earning 165 percent of the area median income. Under those guidelines, $2,985/month one-bedrooms are reserved for individuals earning between $89,550 and $123,255 annually, up to three-person households earning between $89,550 and $158,565. The $3,745/month two-bedrooms are set aside for two-person households earning $112,350 to $140,910 up to five-person households earning $112,350 to $190,245.
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Affordable Housing

Plans for NYC’s first soccer stadium inch forward in the Bronx

Image by A.V. Flores from Pixabay

February 10, 2020

Plans for NYC’s first soccer stadium inch forward in the Bronx

By Devin Gannon

The long-anticipated plan to build a home stadium for New York City's soccer team in the Bronx inched forward last week, the New York Times first reported. The group of developers and the New York City Football Club are close to reaching a deal with the city to bring a 25,000-seat stadium to the South Bronx as part of a $1 billion development plan that also includes a hotel, new school, and affordable housing. New York City F.C., which has been looking for a permanent home for years, currently plays games at nearby Yankee Stadium.
More here

Affordable Housing

Affordability, climate change take center stage during de Blasio’s ‘State of City’ address

Billionaires’ Row © 6sqft

February 7, 2020

Affordability, climate change take center stage during de Blasio’s ‘State of City’ address

By Devin Gannon

Mayor Bill de Blasio on Thursday laid out his vision to "save" New York City, pledging to focus on affordability, climate change, and protections for small businesses during his last two years in office. "This city and everything it stands for must be saved. And we are the ones who have to save ourselves," the mayor said during his State of the City address. De Blasio's vision involves building on initiatives his administration has put forward during his tenure, including creating more affordable housing, increasing tenant protections, legalizing basement apartments, and launching the second phase of the Green New Deal.
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Live off trendy Metropolitan Avenue in Williamsburg, from $1,174/month

Photo by MTA New York City Transit/ Marc A. Hermann on Wikimedia

February 5, 2020

Live off trendy Metropolitan Avenue in Williamsburg, from $1,174/month

By Devin Gannon

Two new buildings in prime Williamsburg are launching affordable housing lotteries this week. The rental at 196 North 4th Street is accepting applications from New Yorkers earning 80 and 130 percent of the area median income for studios to two-bedroom apartments, starting at $1,174/month. At 660 Driggs Avenue, those earning the same AMI can apply for units, starting at $1,458/month for a two-bedroom and going up to $2,320/month for a one-bedroom.
Details this way

Affordable Housing

180 Broome Street on left; Rendering by Moso Studio

February 4, 2020

Lottery launches for 121 units at new Essex Crossing rental, from $562/month

By Devin Gannon

An affordable housing lottery is set to launch Wednesday for 121 mixed-income units at a brand new Lower East Side rental. The Artisan, located at 180 Broome Street, is part of the nine-site Essex Crossing development. The tower contains 263 apartments, retail at street level, office space on levels two through five, and underground access to the Market Line. Qualifying New Yorkers earning 40, 60, 130, or 165 percent of the area median income can apply for the apartments, which range from $562/month studios to $3,770/month three-bedrooms.
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Affordable Housing

Live in the artsy section of Astoria, from $990/month

Part of the Welling Court Mural Project; via Wikimedia

February 3, 2020

Live in the artsy section of Astoria, from $990/month

By Devin Gannon

Located just steps from the Welling Court Mural Project and Socrates Sculpture Park, a new rental building in Astoria has launched an affordable housing lottery. Fifteen newly constructed units are up for grabs at the Amana Astoria, located at 14-47 29th Avenue. Qualifying New Yorkers earning 70, 80, and 130 percent of the area median income can apply for the apartments, which range from a $990/month studio to a $2,770/month two-bedroom.
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Affordable Housing

Williamsburg’s Dime Savings Bank opens affordable housing lottery, from $2,116/month

Renderings courtesy of Fogarty Finger Architects

January 27, 2020

Williamsburg’s Dime Savings Bank opens affordable housing lottery, from $2,116/month

By Alexandra Alexa

A housing lottery has just launched for 54 newly constructed units inside the 23-story tower rising next to the historic Dime Savings Bank in Williamsburg. At a height of 264 feet, the mixed-use development is among the tallest in the neighborhood and includes ground-floor retail, 100,000 square feet of office space, and 178 rental apartments. The 109-year-old bank will be preserved and integrated into the project. Qualifying New Yorkers earning 130 percent of the area median income can apply for the units, which range from $2,116/month studios to $3,150/month three-bedrooms.
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Affordable Housing

January 23, 2020

176 affordable units available at new Brownsville rental, from $367/month

By Devin Gannon

Nearly 200 affordable apartments are up for grabs at a new rental building in the Brownsville neighborhood of Brooklyn. A housing lottery launched on Thursday for 176 units at 672 Powell Street, which is part of the massive Ebenezer Plaza project that will bring four towers to two sites on the block. Qualifying New Yorkers earning 30, 40, 50, and 60 percent of the area median income can apply for the units, which range from $367/month studios to $1,472/month three-bedrooms.
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Affordable Housing

Apply for 75 middle-income apartments in Prospect-Lefferts Gardens, from $1,721/month

Rendering of 350 Clarkson Avenue; Credit: Phiro

January 23, 2020

Apply for 75 middle-income apartments in Prospect-Lefferts Gardens, from $1,721/month

By Devin Gannon

A housing lottery will launch Friday for 75 middle-income apartments in a newly constructed Brooklyn building. Located at 350 Clarkson Avenue in Prospect-Lefferts Gardens, the building, dubbed "The Lois," contains 250 apartments with 6,000 square feet of ground-floor retail. Designed by Cetra Ruddy, the eight-story building boasts a masonry facade with copper panel details, a nod to the area's industrial history. Qualifying New Yorkers earning 130 percent of the area median income can apply for the units, which range from $1,721/month studios to $2,975/month three-bedrooms.
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Affordable Housing

Rendering of 1277 East 14th Street by Maqe

January 21, 2020

91 middle-income units up for grabs at brand new Midwood rental, from $2,346/month

By Devin Gannon

A housing lottery launched Tuesday for 91 middle-income apartments at a newly constructed building in Midwood. Located at 1277 East 14th Street in the central Brooklyn neighborhood, the building sits on the former site of Vitagraph Studios, an acclaimed production company founded in the borough in 1897. The Vitagraph Apartments, which opened last summer, contain 302 units and amenities like a landscaped roof deck and fitness center. Qualifying New Yorkers earning 130 percent of the area median income can apply for the units, which includes $2,346/month one-bedrooms and $2,830/month two-bedrooms.
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Affordable Housing

Real estate investors spend $166M on group of Mitchell-Lama buildings in the Bronx

By Devin Gannon

A group of real estate companies has purchased eight affordable housing buildings in the Bronx for $166 million. LIHC Investment Group, Belveron Partners, and Camber Property Group last week announced the joint deal, which involves 1,275 housing units and 10 commercial units that fall under the city's Mitchell-Lama program. The firms plan to keep the units affordable, instead of converting them to market-rate apartments when the rent regulations expire.
Learn about it

Affordable Housing

December 20, 2019

100 spots open on waitlist for modern Greenpoint rental near the Pulaski Bridge

By Devin Gannon

Applications are now being accepted for a 100-spot waitlist for a rental building in Greenpoint. Located at 215 Freeman Street at the foot of the Pulaski Bridge, the building sits near all Manhattan Avenue has to offer, with easy access to Long Island City and beyond via the bridge's pedestrian path. Qualifying New Yorkers earning 130 percent of the area median income can apply to be placed on the waitlist for the apartments, which include one-bedrooms priced between $2,270 and $2,542 per month and two-bedrooms between $2,733 and $3,063 per month.
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Affordable Housing

De Blasio unveils $100M plan to end long-term street homelessness

Photo credit: Michael Appleton/Mayoral Photography Office on Flickr

December 18, 2019

De Blasio unveils $100M plan to end long-term street homelessness

By Devin Gannon

Mayor Bill de Blasio on Tuesday released a plan to get 3,600 homeless New Yorkers off city streets within five years. The six-point initiative adds new "safe haven" beds, creates 1,000 permanent units of housing, provides new health resources, and ramps up the city's outreach response. Named The Journey Home, the $100 million plan comes as the number of those experiencing homelessness in the city has reached the highest levels in nearly 100 years, with more than 60,000 people currently living in homeless shelters.
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The city’s first LGBT-friendly affordable senior housing opens in Fort Greene

Rendering courtesy of BFC Partners and Marvel Architects

December 18, 2019

The city’s first LGBT-friendly affordable senior housing opens in Fort Greene

By Alexandra Alexa

New York City’s first affordable LGBT-friendly senior housing complex has opened in Fort Greene. Originally called the Ingersoll Senior Residences, the project—which is the first to be completed under the city’s controversial plan to lease NYCHA land to private developers—was dubbed Stonewall House in honor of the 1969 riots that launched the modern LGBT movement. The building comprises 145 apartments that will be available to seniors 62 years and older who make 50 percent or less of the area median income, with 25 percent of the units set aside for formerly homeless tenants.
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Affordable Housing

A 266-unit affordable senior housing complex with focus on health and wellness to open in Brooklyn

Rendering courtesy of Dattner Architects

December 16, 2019

A 266-unit affordable senior housing complex with focus on health and wellness to open in Brooklyn

By Devin Gannon

A medical center in Brooklyn will be developed into a mixed-use complex with affordable housing, on-site counseling service, fitness programs, and integrated health care. Gov. Andrew Cuomo announced last week plans to transform the current Kingsbrook Jewish Medical Center North Campus, located between Prospect Lefferts Gardens and East Flatbush, into Kingsbrook Estate, a three-building development with 266 units of affordable housing. Designed by Dattner Architects in collaboration with landscape architecture firm terrain, the development falls under the state's Vital Brooklyn plan, created in 2017 to bring more housing and jobs to the Central Brooklyn area.
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Affordable Housing

NYC may set aside at least 15 percent of new apartments for homeless New Yorkers

Photo by Daryan Shamkhali on Unsplash

December 13, 2019

NYC may set aside at least 15 percent of new apartments for homeless New Yorkers

By Devin Gannon

The New York City Council and Mayor Bill de Blasio's administration have reached an agreement to provide more housing for homeless New Yorkers. As first reported by Politico, the legislation, expected to pass next week, would require developers of new housing developments that receive city financing to set aside at least 15 percent of units for homeless individuals and families. The new law could create about 1,000 new apartments each year for those experiencing homelessness.
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Bedford Union Armory redevelopment project in Crown Heights breaks ground

Rendering courtesy of BFC Partners.

December 11, 2019

Bedford Union Armory redevelopment project in Crown Heights breaks ground

By Michelle Cohen

The New York City Economic Development Corporation (NYCEDC) along with Council Member Laurie Cumbo, BFC Partners and community members today celebrated the groundbreaking of the redevelopment project finally underway at the historic Bedford Union Armory in Crown Heights. The new community hub will offer affordable space for local non-profits, recreational space for youth and hundreds of units of affordable housing as shown in new renderings. The road to this latest milestone has been a long and storied one since community leaders first envisioned the massive armory as a multi-use gathering space for the Crown Heights community.
New renderings of the redeveloped armory, this way

NYC and Newark agree to temporarily suspend controversial homeless relocation program

Photo of Newark, NJ by Paul Sableman on Flickr

December 10, 2019

NYC and Newark agree to temporarily suspend controversial homeless relocation program

By Alexandra Alexa

Update 12/10/19: After a long negotiation in federal court on Monday, Newark and New York have agreed to suspend the SOTA Program, Politico reported. "In the spirit of productive conservations and with the goal of moving toward an improved program, we will be temporarily pausing placements in Newark," de Blasio spokesperson Freddi Goldstein said in a statement. New York City will also send Newark a list of participants of the program and their addresses once an agreement is reached. Newark officials are suing New York City and Mayor Bill de Blasio over the city's controversial Special One-Time Assistance (SOTA) Program that provides homeless shelter residents with free rent for a year if they leave NYC. More than 2,200 families have been placed in 62 New Jersey cities through the program, with over half ending up in Newark. Recent investigations have found that some families end up in "illegal and uninhabitable" apartments and are essentially forced to become dependent on Newark social services. The lawsuit was filed in federal court Monday, as NJ.com first reported, just weeks after Newark passed a law to make the program illegal and ban landlords from taking more than a month's worth of subsidized rent.
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December 9, 2019

Waitlist opens for affordable units in Murray Hill rental near Grand Central, from $858/month

By Devin Gannon

Applications are now being accepted for a 150-person waitlist for a luxury rental building in Murray Hill. Located at 200 East 39th Street, the building, known as Frontier, rises 19 stories and contains just under 100 apartments. Perks include a landscaped rooftop terrace, a fitness center, and a gaming lounge. Qualifying New Yorkers earning 60 percent of the area median income can apply to be placed on the waitlist for affordable units ranging from an $858/month studio to a $1,381/month two-bedroom.
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Affordable Housing

December 6, 2019

69 newly constructed affordable units available in East New York, from $856/month

By Alexandra Alexa

Linwood Park Apartments, a new development at 315 Linwood Street in East New York, has just launched an affordable housing lottery. The 10-story complex is located in the rezoned Atlantic Avenue corridor and is made up entirely of affordable units, available to those earning 40, 50, and 60 percent of the area median income. 69 apartments are available in the lottery, ranging from $856/month studios to $1,504/month three-bedrooms. Eight of those units have been set aside for those who qualify for Section 8, meaning eligible residents will pay 30 percent of their income for rent.
Find out if you qualify

Affordable Housing

Lottery opens for 20 affordable and supportive studios in Brownsville, from $571/month

Photo by DanTD via Wikimedia Commons

December 6, 2019

Lottery opens for 20 affordable and supportive studios in Brownsville, from $571/month

By Dana Schulz

One- and two-person households earning 50 or 60 percent of the area median income (between $21,978 and $51,240 annually) can now apply for 20 affordable studios at 212 Hegeman Avenue, a newly constructed, 71-unit rental in Brownsville. Sixty percent of the units are set aside as supportive housing for formerly homeless and disabled New Yorkers, while 29 percent are open to the public. Residents can take advantage of on-site social services, a computer lab, landscaped rear yard, and laundry room.
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Affordable Housing

Lottery launches for 667 mixed-income units at huge new development near Jamaica Station

Rendering courtesy of FXCollaborative and BRP Companies

December 5, 2019

Lottery launches for 667 mixed-income units at huge new development near Jamaica Station

By Alexandra Alexa

The latest housing lottery to open for applications is a pretty significant one: there are now 667 newly constructed units up for grabs at 148-10 Archer Avenue and 147-10 Archer Avenue in Jamaica, Queens. Otherwise known as The Crossing at Jamaica Station, the FXCollaborative-designed development is a commuter's dream, located at the corner of Archer Avenue and Sutphin Boulevard, right next to the LIRR's Jamaica Station, the Air Link to JFK, and with proximity to four MTA subway lines and several buses. Qualifying New Yorkers earning between 40 and 165 percent of the area median income can apply for the units, ranging from $633/month studios to $4,501/month three-bedrooms.
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Affordable Housing

950-unit ‘Gowanus Green’ development met with skepticism by local residents who hoped for a park

Photo by Danny Navaro via Flickr cc

December 4, 2019

950-unit ‘Gowanus Green’ development met with skepticism by local residents who hoped for a park

By Alexandra Alexa

During a Brooklyn Community Board 6 meeting on Monday night, architects, developers, and city officials revealed preliminary plans for Gowanus Green, a multi-building development on a 5.8-acre site at the corner of Smith and Fifth Streets. Once home to a gas plant, the city-owned site has been vacant for decades and was designated as a "public place" in 1974. As the Brooklyn Daily Eagle first reported, Carroll Gardens and Gowanus residents who were expecting that the site would become a park widely panned the new proposal for a series of buildings ranging from a five-story school to a 28-story residential tower.
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December 3, 2019

Lottery launches for 55 middle-income apartments at chic Clinton Hill rental, from $1,097/month

By Devin Gannon

At the nexus of Crown Heights and Bed-Stuy, a new rental in Clinton Hill launched an affordable housing lottery this week for 55 middle-income units. Located across the street from the Franklin Avenue C, S subway station at 1134 Fulton Street, the building offers residents a gym, on-site laundry, parking, and rooftop access. Qualifying New Yorkers earning 80 and 130 percent of the area median income can apply for the units, ranging from $1,097/month studios to $2,400/month three-bedrooms.
Find out if you qualify

Affordable Housing

Sione in early October 2019, photo by CityRealty

December 3, 2019

23 affordable apartments available at a brand new Lower East Side rental, from $613/month

By Dana Schulz

The Sioné, located at 171 Suffolk Street on the corner of East Houston, has launched an affordable housing lottery for 23 units, available to those earning 40, 60, and 130 percent of the area median income. Not only does the building sit in a prime Lower East Side location (just one block from Clinton Street Baking Company and three from Katz's), but it offers a slew of amenities like a gym and outdoor terraces, as well as apartments with modern finishings and high-tech upgrades. The available units range from $613/month studios to $2,200/month one-bedrooms, a much lower price than the market-rate rentals which start at $3,926/month for studios and $5,078/month for one-beds.
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Affordable Housing

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