Affordable Housing

Adding to yesterday's announcement of the waitlist launch for affordable apartments at TF Cornerstone's 455 West 37th Street, a waiting list is now open for 840 more units in the Hudson Yards/Midtown West development just across the avenue at 505 West 37th Street. Similarly, the affordable units are available for households earning 40 percent of the area median income or between $22,903 and $38,160, and range from $613/month studios to $801/month two-bedrooms. Residents can enjoy amenities like a 24-hour attended lobby, an on-site resident manager, a sun terrace, a fitness center, party rooms and a laundry room (additional fees may apply in some cases).
Find out whether you qualify

Affordable Housing

March 8, 2018

Waitlist opens for affordable units at Hudson Yards district rental, from $613/month

The lottery is now open for a waitlist for affordable rental apartments at TF Cornerstone's 455 West 37th Street in the Hudson Yards district in West Midtown. The units are available for households earning 40 percent of the area median income or between $22,903 and $38,160, and range from $613/month studios to $801/month two-bedrooms. Amenities at the 23-story building include a 24-hour attended lobby, an on-site resident manager, a sun terrace, a fitness center, party rooms and a laundry room (additional fees may apply in some cases).
Find out whether you qualify

Affordable Housing

150 more affordable apartments up for grabs in the Bronx’s Compass Residences

1903 West Farms Road via JM Zoning

March 8, 2018

150 more affordable apartments up for grabs in the Bronx’s Compass Residences

Seven years ago, what was then the largest Bronx rezoning ever was passed for a 17-acre, 11-block area in Crotona Park East. Known as the West Farms Redevelopment Plan, a development for the former industrial area by Dattner Architects, the complex will boast 1,325 units of affordable housing when complete, along with retail and community facilities. A year after the second affordable housing lottery at the site's Compass Residences went live, the third is now up and running at 1903 West Farms Road. Designed in a similar basic-brick style by Dattner, this building has 152 units up for grabs for households earning 60 percent of the area median income, ranging from $865/month studios to $1,289/month three-bedrooms.
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Affordable Housing

Is New York City housing getting more affordable?

Image: Wikipedia

March 8, 2018

Is New York City housing getting more affordable?

According to a recent article by the Wall Street Journal, New York City housing may, in fact, be consuming less of our hard-earned dollars. Housing costs are responsible for an increasingly smaller chunk of New Yorkers' monthly budget, a new U.S. Census Bureau survey shows. The survey, conducted every three years, points to a record amount of new housing and a rental vacancy rate that's the third-highest since the survey first began in 1965. The Census Bureau survey found that the number of housing units had increased by 117,000 since 2011, a number that includes over 35,000 more rental apartments and 15,000 condos due to arrive in 2018 and 2019.
Really?

Inwood Library project will have 175 affordable apartments and a new Pre-K

Renderings courtesy of Fogarty Finger Architecture and Andrew Berman Architect

March 7, 2018

Inwood Library project will have 175 affordable apartments and a new Pre-K

By Emily Nonko

The former site of the Inwood Library is undergoing a major upgrade, with the city announcing a shiny new development that will hold the branch, 175 units of deeply affordable apartments, and a brand new pre-k facility. The decision to tear down the old library building is the result of months of community engagement and neighborhood planning exercises through the city's Inwood Affordable Housing and Library Planning Process.
See interior renderings

March 7, 2018

Halletts Point’s first rental tower gets new renderings, launches affordable housing lottery

Less than a month after we got a first look at 10 Halletts Point, the first of seven buildings that will open at the Durst Organization's $1.5 billion Astoria mega-development, the Dattner Architects-designed tower is making headlines on multiple fronts today. Not only did a teaser site go live for the 405-unit rental tower, with even more new renderings, but the affordable housing lottery launched for the project's 81 below-market-rate apartments. These range from $947/month studios to $1,414/month three-bedrooms, all of which are reserved for households earning 60 percent of the area median income.
See the renderings and find out if you qualify for the affordable units

Six middle-income apartments up for grabs in prime Bushwick

Google Street View of 690 Bushwick Avenue

March 6, 2018

Six middle-income apartments up for grabs in prime Bushwick

Just a few short blocks from the J, M, Z trains at Myrtle Avenue, as well as countless cool bars and restaurants, 690 Bushwick Avenue is a recently completed rental building that has just opened up six middle-income units through the city's affordable housing lottery. Households earning 115 percent of the area median income, or between $68,023 and $134,030 annually, can apply for $1,984/month one-bedrooms and $2,394/month two-bedrooms. The small, six-story building offers on-site parking, a laundry room, and a roof deck.
Find out if you qualify

Affordable Housing

March 5, 2018

Apply for 117 affordable units at a new mixed-use rental in the Bronx, starting at $865/month

Local Bronx developers Stagg Group filed plans for their second large-scale affordable housing development in the Norwood/Bedford Park neighborhood back in late 2015, and the project is finally complete as its 117 units have just come online via the city's housing lottery. The 11-story building known as Norwood Garden sits at the intersection of Webster Avenue and the dead-end East 203rd Street and was designed by Marin Architects with a large, rear second-story terrace, as well as several rooftop terraces. The units are available to households earning 60, 90, 100, and 130 percent of the area median income and range from $865/month studios to $2,302/month three-bedrooms.
Find out if you qualify

Affordable Housing

Nearly 200 affordable apartments available at Bushwick’s Rheingold Brewery site from $947/month

Rendering courtesy of ODA Architecture.

March 5, 2018

Nearly 200 affordable apartments available at Bushwick’s Rheingold Brewery site from $947/month

The lottery (pdf) for 183 apartments at 54 Noll Street and 123 Melrose Street, known as Evergreen Gardens, launched today for one of the parcels of land being redeveloped on the site of the former Rheingold Brewery site in Bushwick. Individuals and families earning 60 percent of the area median income, or between $34,355 and $57,240, are eligible to apply for units ranging from $947/month studios to $1,230 two-bedrooms. Among its plethora of indoor and outdoor amenities, the massive ODA-designed project boasts a central park and a rooftop terrace complete with an urban farm.
Find out if you qualify

Affordable Housing

Two affordable apartments up for grabs right off Woodlawn Cemetery in the Bronx

In the Wakefield section of the Bronx, two affordable apartments are up for grabs just a block east of the picturesque Woodlawn Cemetery and a quick walk to Van Cortlandt Park. Located right near the 2 and 5 trains, the recently constructed, four-story, eight-unit building at 626 East 223rd Street is offering a $690/month one-bedroom to a household earning 40 percent of the area median income and a $1,200/month two-bedroom to a household earning 60 percent.
See if you qualify

Affordable Housing

February 21, 2018

30 chances to live in FiDi’s new art-themed rental tower, from $613/month

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.
Find out if you qualify

Affordable Housing

Three chances to live off Crown Heights’ hip Franklin Avenue for $2,250/month

Little Zelda is a popular cafe in Crown Heights; photo via CityRealty

February 15, 2018

Three chances to live off Crown Heights’ hip Franklin Avenue for $2,250/month

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.
Find out if you qualify

Affordable Housing

The city will produce 500 affordable apartments across 87 hard-to-fill vacant lots

Image: Ed Reed/Mayoral Photography Office

February 14, 2018

The city will produce 500 affordable apartments across 87 hard-to-fill vacant lots

An announcement Tuesday by the New York City Department of Housing Preservation and Development (HPD) gave lower-income New Yorkers lots to look forward to–literally. HPD Commissioner Maria Torres-Springer announced that nine development teams would be creating 490 affordable apartments and homeownership opportunities on 87 vacant lots through the department's New Infill Homeownership Opportunities Program (NIHOP) and Neighborhood Construction Program (NCP). The programs were designed specifically to unlock the potential of vacant lots long considered too small or irregular for traditional housing with innovative smaller homes, and develop more affordable housing on lots long used for parking at existing housing complexes. This latest round of development is the third and final in a series: The program has already seen the construction of over 600 affordable homes on 81 lots.
'No site has gone overlooked'

Live on a rare dead-end block in a new Bushwick rental for $856/month

Rendering via Karl Fischer

February 12, 2018

Live on a rare dead-end block in a new Bushwick rental for $856/month

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.
Find out if you qualify

Affordable Housing

February 8, 2018

East Harlem housing lottery offers less-than-affordable prices

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.
Find out if you qualify

Affordable Housing

Live above Target in Extell’s new East Village rental, from $1,114/month

Rendering via Extell Development

February 8, 2018

Live above Target in Extell’s new East Village rental, from $1,114/month

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.
Find out if you quality

Affordable Housing

February 8, 2018

Find and apply for current affordable housing lotteries in NYC with this new map

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.
Explore the map

Affordable Housing

Live around the corner from Central Park in a renovated Harlem rental, from $675/month

Photo of Randolph Houses via HPD

February 7, 2018

Live around the corner from Central Park in a renovated Harlem rental, from $675/month

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.
Find out if you qualify

Affordable Housing

February 7, 2018

97 affordable apartments up for grabs at FiDi’s latest glassy skyscraper, from $788/month

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.
Find out if you qualify

Affordable Housing

February 6, 2018

Lottery launches for 258 rentals at TF Cornerstone’s West 57th tower, from $613/month

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.
Find out if you qualify

Live on Bergen Street in Crown Heights North for $2,415 a month; lottery launches today

Photo courtesy of City View Living

February 6, 2018

Live on Bergen Street in Crown Heights North for $2,415 a month; lottery launches today

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.
Find out if you qualify

Affordable Housing

February 5, 2018

City releases map with all of the affordable housing units created or preserved since 2014

In addition to upping the number of affordable housing units created or preserved in New York City, Mayor Bill de Blasio is pushing for greater transparency of his ambitious plan to bring 300,000 affordable units to the city by 2026. The Department of Housing Preservation and Development (HPD) launched an interactive map on Monday that displays all of the units, buildings, and projects that count towards the mayor's Housing New York 2.0 plan (h/t Curbed NY). The counted units, with data starting with units from January 1, 2014 on and will be updated quarterly, are shown by the number of units and occupancy size.
See it here

Affordable Housing

Affordable senior housing lottery launches at Staten Island’s Seaview Site C in Todt Hill

Via Douglaston Development

February 5, 2018

Affordable senior housing lottery launches at Staten Island’s Seaview Site C in Todt Hill

New York City Seniors now have more options in the five boroughs as the lottery launches today for Staten Island's Seaview Site C, comprised of 160 newly-constructed units at 155-175 Friendship Lane in the Todt Hill neighborhood. The Douglaston Development project is exclusively for low-income senior citizens and consists of 82 studios, 78 one-bedroom apartments, and a resident manager’s unit. Amenities include an indoor common area, outdoor patio, laundry room, and on-site parking.
Find out more

Affordable Housing

Apply for a mixed-income apartment in a glassy new Hudson Yards tower, from $613/month

Photo: CityRealty

February 2, 2018

Apply for a mixed-income apartment in a glassy new Hudson Yards tower, from $613/month