Affordable Housing

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July 14, 2017

The city added 24,293 affordable housing units this fiscal year, the most since 1989

Image via Pixbay After more than three years into Mayor de Blasio’s $41 billion, 10-year affordable housing initiative, the city announced on Thursday that 24,293 affordable apartments and homes were secured in Fiscal Year 2017. Out of those units, 40 percent were for families earning less than $43,000 a year, with more than 4,014 homes for families of three earning less than $26,000 a year. According to city officials, the mayor’s Housing New York initiative aims to help an estimated half of a million people afford to live in New York City. Despite these promising numbers, the plan still fails New Yorkers with extremely low-income, by making their affordability benchmarks too high.
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July 14, 2017

Lottery opens for 26 affordable units in the South Bronx’s new supportive housing building

By Dana Schulz

A year and a half ago, the nonprofit Unique People Services broke ground on Lynn's Place, an affordable and supportive housing project in the South Bronx.The $25 million+ project was financed by the city and various organizations and will feature community space on the ground floor, a sunken courtyard, a landscaped back yard, and a seventh-floor green roof, in addition to on-site support services. Of its 69 units, 42 are set aside for individuals with a mental illness or those who were formerly homeless. The remaining apartments are reserved for those earning 50 or 60 percent of the area median income. Ranging from $710/month studios to $1,107/month two-bedrooms, they've come online through the city's affordable housing lottery as of today.
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Affordable Housing

Live around the corner from Harlem’s new Whole Foods for $1,015/ month

Image via Whole Foods’ Facebook

July 13, 2017

Live around the corner from Harlem’s new Whole Foods for $1,015/ month

By Devin Gannon

Image via Whole Foods' Facebook New Yorkers earning 50 percent of the area median income can apply for two affordable one-bedroom apartments for $1,015 per month at 40 West 126th Street. The Central Harlem multi-family building was renovated in 2013 and is just steps away from the 2 and 3 train lines, an abundance of restaurants and bars like the Red Rooster and Sylvia's, the Studio Museum in Harlem, both the Apollo Theater and National Black Theatre, and the city's latest Whole Foods that's set to open next week.
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Affordable Housing

July 12, 2017

Apply for 22 affordable units in East Harlem’s HAP Ten, from $913/month

By Devin Gannon

The HAP Ten building at 2211 Third Avenue and 121st Street in East Harlem was created by HAP Investment Developers and designed by Karl Fischer Architects, who employed a gray brick facade with metal panels and several rows of glass balconies. Starting tomorrow, New Yorkers earning 60 percent of the area median income can apply for 22 affordable apartments in the 108-unit building, ranging from $913/month studios to $1,183/month two-bedrooms. Amenities include a concierge, fitness center, rooftop terrace, parking, outdoor entertainment space, and bike room.
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Affordable Housing

July 10, 2017

Two chances to live in hip Bed-Stuy from $947/month

By Devin Gannon

Qualifying New Yorkers earning 60 percent of the area median income can apply for an affordable one-bedroom for $947/month or a two-bedroom for $1072/month at 452 Lafayette Avenue in Bedford-Stuy. Located at the intersection of Lafayette and Franklin Avenues, this apartment building sits near the Pratt Institute as well as plenty of shops, bars, and restaurants. Amenities include a roof terrace and laundry room, along with being just steps away from the G train.
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Affordable Housing

Live in Williamsburg’s trendiest corner starting at $722/month

Image via Smoragasburg

July 7, 2017

Live in Williamsburg’s trendiest corner starting at $722/month

By Dana Schulz

Image via Smoragasburg Walk a block to sunbathe in McCarren Park; two blocks to play a game at Brooklyn Bowl; three blocks to schmooze at the trendy hotel trifecta of the Wythe, Williamsburg Hotel, and William Vale; and four blocks to hit up Smorgasburg at East River State Park. Normally a location like this would cost you a pretty penny, but as of today, New Yorkers earning 60 percent of the area median income can apply for 10 affordable units at 174 North 11th Street. The apartments range from $722/month studios to $900/month two-bedrooms, and building amenities include a common roof terrace, fitness center, parking, bike storage, and a coin-operated laundry room.
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Affordable Housing

July 6, 2017

Two chances to live in prime Bed-Stuy for $1,114/month

By Dana Schulz

Starting today, New Yorkers earning 60 percent of the area median income can apply for two, $1,114/month two-bedroom apartments at 183 Tompkins Avenue in Bed-Stuy, quite the deal considering market-rate two-bedrooms are renting for $2,600. The new six-story building has just 10 units total and is a five-minute walk from the Myrtle- Willoughby G train and 10 minutes from the Myrtle Ave J, M, and Z. Apartments have large windows, high ceilings, wood floors, and kitchens with dishwashers and stainless steel appliances, and the building offers some private balconies, a rooftop, and a virtual doorman.
The full details

Affordable Housing

July 5, 2017

MAP: Where to find NYC’s HDFC apartments, affordable co-ops for low- and middle-income buyers

By Dana Schulz

When it comes to affordable housing, the city's offerings primarily focus on rentals, but the little-known pool of HDFC units (Housing Development Fund Corporation) provide low- and middle-income New Yorkers a chance to own a slice of NYC real estate below market rate. The program was created several decades ago so that tenants in poorly managed buildings could take control of their property and form cooperatives. At this time, they were selling for a mere $250 each, and though today's prices range from $500,000 two-bedrooms to $1.8 million three-bedrooms depending on the neighborhood, the deals are still out there based on qualifying incomes. And to make the HDFC hunt a bit easier, CityRealty has put these current listings into a handy interactive map.
Explore the full map here

July 3, 2017

Affordable housing lottery opens for 14 East Williamsburg units, starting at $589/month

By Dana Schulz

Back in early 2016, 6sqft shared a new housing lottery for three Williamsburg buildings, one of which was 37 Ten Eyck Street in East Williamsburg between Union Avenue and Lorimer Street. The vacant lots were purchased in 2014, along with a fourth site at 33 Ten Eyck Street, by the Housing Development Corporation to build 100 percent affordable buildings. That final building is now complete and its 14 units are available to those earning 40 or 60 percent of the area media income. They range from $589/month one-bedrooms to $1,121/month two-bedrooms, and the building offers an elevator, outdoor area, intercom system, bicycle storage, and laundry facilities.
All the details here

Affordable Housing

July 3, 2017

62 affordable units up for grabs in Fordham Heights, from $882/month

By Devin Gannon

Applications are currently being accepted for 62 newly constructed, affordable units at 2264 Morris Avenue in the Fordham Heights neighborhood of the Bronx. The building provides ecologically viable features, including rooms with abundant natural light, high-tech water, heating and cooling systems and spacious outdoor space. New Yorkers earning 60 and 100 percent of the area median income can apply for available units ranging from $822/month one-bedrooms to $1,740/month three bedrooms.
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Affordable Housing

Clinton Hill’s latest rental offers 10 affordable units, from $780/month

By Dana Schulz

Less than two weeks ago, Clinton Hill's new mixed-use building at 1007 Atlantic Avenue launched leasing for its 40 market-rate rentals, offering one month of free rent on 13-month leases for units ranging from $2,169/month studios to $3,462/month two-bedrooms. But the remaining 10 units are an even sweeter deal, coming in at just $780 for studios and $973 for two-bedrooms and still getting access to the package room, bike storage, and landscaped roof deck with areas for lounging and grilling. These latter apartments are available as of tomorrow through the city's affordable housing lottery to those earning 60 percent of the area median income.
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Affordable Housing

June 19, 2017

124 chances to live in the burgeoning South Bronx, from $822/month

By Dana Schulz

The South Bronx is arguably the city's largest hotbed of new affordable housing development, and the latest chance to live in the up-and-coming 'hood for less than market rate starts today for 124 units at 530 Exterior Street in Mott Haven. Here, New Yorkers earning 60 percent of the area median income can apply for apartments ranging from $822/month studios to $1,224/month three-bedrooms. The 13-story building is part of a larger, mixed-use project, right near Mill Pond Park on the Harlem River and the 145th Street Bridge to Harlem. The other two components are a similarly low- and moderate-income housing building at 491 Gerard Avenue and a 152-room Hampton Inn hotel with commercial space and ground-floor retail.
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Affordable Housing

June 16, 2017

Trump hires family party planner Lynne Patton to run NY housing programs

By Devin Gannon

President Trump appointed family friend Lynne Patton on Wednesday to oversee New York’s federal housing programs, despite her clear lack of housing experience. Patton, who formerly arranged tournaments at Trump’s golf courses and planned Eric Trump’s wedding, will head up the U.S. Department of Housing and Urban Development’s Region II, which includes New York and New Jersey, and will oversee the distribution of billions of taxpayer dollars. As reported by the Daily News, Patton’s relationship with the Trump family dates back to 2009 when she first began as their event planner.
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June 14, 2017

84 affordable units up for grabs in Jamaica, Queens, from $368/month

By Devin Gannon

With several large-scale development projects in the works, like a new luxury complex with 100,00 square feet of retail and a 24-story Hilton Garden Inn, the neighborhood of Jamaica is undergoing some changes. Applications are currently being accepted for 84 affordable apartments in the Pavilion at Locust Manor, a newly constructed housing development located at 171-04 Baisley Boulevard. New Yorkers earning 30, 40, 50, 60 and 100 percent of the area median income can apply to units ranging from studios for $368 per month to two bedrooms for $1,511 per month.
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Affordable Housing

June 12, 2017

Score a middle-income apartment in the Brooklyn Cultural District’s Caesura, from $866/month

By Devin Gannon

Applications are currently being accepted for 49 middle-income units at The Caesura in Fort Greene, a rental expected to open late this summer. Located in the heart of the Brooklyn Cultural District at 280 Ashland Place, the 12-story mixed-use rental building sits just one block from the famed Brooklyn Academy of Music (BAM). Designed by Dattner Architects and Bernheimer Architecture, Caesura features a landscaped rooftop garden and conservatory, fitness center, bike room, community room and a shared goods or “lending library” space. New Yorkers earning 80 and 130 percent of the area median income can apply to rent units ranging from $886/month micro-units to $2,715/month two-bedrooms.
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Affordable Housing

June 5, 2017

Live in a new Astoria building near Halletts Points from $889/month

By Dana Schulz

Known as Astoria Cove, this newly constructed 28-unit rental at 26-27 2nd Street is just a block away from the under-construction Halletts Point mega-development. The seven-building project will bring 2,400 housing units to the Astoria neighborhood, as well as a stop for the East River Ferry, a supermarket, school, and waterfront park. Six households earning 60 percent of the median income have a chance to live near all the upcoming action through the city's affordable housing lottery that's offering $889/month one-bedrooms and $1,001/month two-bedrooms.
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Affordable Housing

June 1, 2017

Large and lovely income-restricted co-op asks just $375K in Hamilton Heights

By Emily Nonko

If you're curious--and qualified--to take the leap and start shopping for an affordable HDFC co-op, don't miss this Hamilton Heights listing at 409 Edgecombe Avenue. As an HDFC apartment, there are income restrictions that limit who can buy this $375,000 one bedroom. But for that reasonable price you get 945 square feet of lovely prewar space, including a spacious foyer and formal living and dining rooms. Best yet, the top-floor, corner apartment comes with views out over the Harlem River and out toward Yankee Stadium.
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June 1, 2017

101 affordable units up for grabs in the Bronx’s Morrisania, from $368/month

By Devin Gannon

Applications are currently being accepted for 101 affordable apartments in La Casa Del Mundo, a newly constructed housing development at 3475 Third Avenue in the Morrisania neighborhood of the Bronx. New Yorkers earning 30, 40, 50 and 60 percent of the area median income can apply for the available units, ranging from a $368/month studio to $1,224/month three-bedrooms.
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Affordable Housing

15 chances to live in new Prospect Heights rental The Brooklyn Zinc, from $856/month

Rendering via S3 Architecture

May 30, 2017

15 chances to live in new Prospect Heights rental The Brooklyn Zinc, from $856/month

By Dana Schulz

Starting tomorrow, qualifying New Yorkers can apply for affordable apartments at Prospect Heights' new rental The Brooklyn Zinc. Located at 313 St. Mark's Avenue just three blocks from Prospect Park, the building sits on a rare oblong-shaped development site, which allowed for a large interior courtyard, in addition to a landscaped rooftop terrace with lounging and dining areas and a bocce court and garden-level terrace. S3 Architecture designed the project as a two-winged structure, the main facade of which is clad in corrugated zinc panels punctuated by projecting bright yellow window frames. Of its 75 units, 15 are reserved for those earning 60 percent of the area median income and range from $856/month studios to $1,114/month two-bedrooms.
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Affordable Housing

3 chances to live in prime East Williamsburg, from $958/month

Renderings via RJ Capital Holdings

May 24, 2017

3 chances to live in prime East Williamsburg, from $958/month

By Dana Schulz

Three units in East Williamsburg reserved for those earning 60 percent of the area median income have come online through the city's affordable housing lottery. Two $958/month studios and one $1,096/month one-bedroom are available at 387 Manhattan Avenue, a new six-story mixed-use development half a block east of the BQE, three blocks from McCarren Park, and right near all the local hot spots like the Llama Inn, Museum of Food and Drink, Pete's Candy Store, and Union Pool.
Find out if you qualify

Affordable Housing

Lottery opens for 14 affordable units at new Bronx supportive housing development

View of the development’s block via Google Street View

May 22, 2017

Lottery opens for 14 affordable units at new Bronx supportive housing development

By Dana Schulz

Praxis Housing Initiatives "is NYC’s largest provider of transitional housing to homeless people with HIV/AIDS and is one of city’s lowest cost/highest service housing providers." As part of its 2012 strategic plan, the organization began a permanent supportive housing program, and in just two years time they opened their first development in the Bronx. In 2015, they closed on the second at 2264 Loring Place North in Kings Bridge Heights and built an eight-story, 66-unit building. Of these apartments, 14 are reserved for community-based affordable housing for those earning 60 percent of the area median income. They include $931/month one-bedrooms and $1,123/month two-bedrooms and have just come online through the city's affordable housing lottery.
All the logistics ahead

Affordable Housing

May 19, 2017

‘Vending machine’ skyscraper 3D-prints pod apartments to address housing shortages

By Michelle Cohen

The growing need to build affordable housing in big, dense cities while keeping expenses to a minimum led to Malaysian designer Haseef Rafiei’s idea for a futuristic “skyscraper” housing pod vending machine. A Dezeen video shows how the designer–he won an honorable mention in this year’s eVolo Skyscraper Competition–inspired by the fascination with vending machines and robotics in Japan, sketched up the skyscraper idea for offering prospective homeowners a way to customize–and then create–a modular home. The home would then be slotted into place within a high-rise framework. According to the designer, the Pod Vending Machine is based on a "3D-printed building that grows in parallel with the city’s housing demand."
Check out this 'affordable mass produced home dispenser'

Renderings revealed for controversial mixed-income tower on top of UES playground

Rendering via NYCHA

May 19, 2017

Renderings revealed for controversial mixed-income tower on top of UES playground

By Devin Gannon

After over a year-long debate, the city has finally unveiled renderings of a mixed-income tower set to rise on an existing playground at the Holmes Towers public housing complex in Yorkville. The New York City Housing Authority’s plan, which falls under the city’s NextGen program, will construct a 47-story building among the complex on East 93rd Street, as well as a new 18,000-square-foot recreation and community center run by Asphalt Green (h/t DNA Info). The new building will feature 300 total units, with half of them at market-rate prices and half of them affordable. However, an alleged plan to separate the floors by income level, as well as the fact that high-end housing is coming to a low-income site where the community wasn't consulted, has sparked a good deal of controversy.
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White Castle-replacing Williamsburg rental launches lotto, affordable units from $867/month

371 Humboldt Street via A&D Engineering

May 19, 2017

White Castle-replacing Williamsburg rental launches lotto, affordable units from $867/month

By Dana Schulz

Back in late 2014, East Williamsburg's much-loved White Castle outpost shuttered suddenly after the site sold the year before to an investment group for $6.72 million. Burgeoning Brooklyn developer Adam America then stepped in to create, in his own words, "the next hottest development in the area" thanks to its location "just minutes away from an endless amount of cool hangouts." Architects Issac & Stern designed his vision as a six-story brick and metal rental that makes a nod to the area's industrial past. Now that the building at 781 Metropolitan Avenue is nearing completion, twenty percent of its 58 units have come online through the city's affordable housing lottery. These 16 units are reserved for those earning 60 percent of the area median income and range from $867/month studios to $1,123/month two-bedrooms.
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Affordable Housing

87 mixed-income apartments up for grabs at new Mott Haven rental The Graham, from $386/month

255 East 138th Street via MHG Architects

May 17, 2017

87 mixed-income apartments up for grabs at new Mott Haven rental The Graham, from $386/month

By Devin Gannon

Applications are currently being accepted for 87 affordable apartments in The Graham, a new sustainable building located in the Mott Haven section of the South Bronx. The eight-story building at 255 East 138th Street has a full floor of retail at the street level, bike room, outdoor terrace and underground parking garage. New Yorkers earning 30, 40, 50, 60 and 100 percent of the area median income can apply for the mixed-income units, ranging from $368/month studios to $1,683/month three-bedrooms.
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Affordable Housing

Affordable Housing

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