Affordable Housing

May 3, 2018

750 mostly affordable apartments coming to the South Bronx near Yankee Stadium

The South Bronx's building boom is continuing with the announcement of a pair of developments near Yankee Stadium that will bring 750 mixed-use residential units to the area. As reported by The Real Deal, Maddd Equities is developing two sites across from each other at 1159 and 1184 River Avenue. The former will have 250 affordable and supportive housing units, and the latter will be a set of 17-story buildings with 500 apartments, most of which will be reserved for low-income households.
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May 2, 2018

7 chances to live across from Pelham Bay Park in the Bronx, from $1,600/month

By Devin Gannon

A newly constructed rental in the Bronx has launched a lottery for seven middle-income apartments, located across from the city's largest public park, Pelham Bay Park. The park measures over three times the size of Central Park and includes two golf courses, miles of hiking trails, many fields and courts and Orchard Beach, a man-made beach designed by Robert Moses. Qualifying New Yorkers earning 130 percent of the area median income can apply for three one-bedrooms for $1,600/month and four two-bedrooms for $1,800/month.
Find out if you qualify

Affordable Housing

May 1, 2018

Lottery launches for 250+ mixed-income apartments in East Tremont, from $822/month

By Devin Gannon

Rendering via Mastermind Development The Tremont Renaissance housing complex this week launched a lottery for 255 apartments, part of Mayor Bill de Blasio's affordable housing plan aimed at bringing more mixed-income units to New York City. Located in the East Tremont neighborhood of the Bronx, the development at 4215 Park Avenue rises 12 stories and features roughly 40,000 square feet of commercial space on the ground level. Qualifying New Yorkers earning 60, 100 and 120 percent of the area median income can apply for the apartments ranging from $822/month studios to $1,965 three-bedrooms.
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Affordable Housing

Apply for 100+ affordable apartments at this flashy new tower near Grand Central, from $613/month

Rendering via Handel Architects

April 30, 2018

Apply for 100+ affordable apartments at this flashy new tower near Grand Central, from $613/month

By Dana Schulz

Reduced rent AND the opportunity to walk to work? That's the dream scenario up for grabs for Midtown East workers at Handel Architects' 222 East 44th Street, where a mixed-use affordable housing lottery for 109 units just came online. The handsome, 42-story torqued glass tower sits between Second and Third Avenues, fronting both 43rd and 44th Streets, meaning it's just a hop, skip, and jump away from Grand Central, the Chrysler Building, and the UN. The apartments are available to those earning 40, 60, and 130 percent of the area median income and range from $613/month studios to $2,733/month two-bedrooms. The lucky residents will also be treated to a bevy of amenities.
Find out if you qualify

Affordable Housing

Lottery opens for 15 affordable apartments in Riverdale, just across from Van Cortlandt Park

Photo of Van Cortlandt House Museum via mtchlra via photopin cc

April 30, 2018

Lottery opens for 15 affordable apartments in Riverdale, just across from Van Cortlandt Park

By Devin Gannon

If you're looking for a bit of the suburban lifestyle without leaving the boroughs, this affordable housing lottery in the Bronx may be for you. Fifteen apartments at Stagg Group’s Riverdale project The Station (so named for being adjacent to the 1 train station) at 5959 Broadway are up for grabs for New Yorkers earning 80 percent of the area median income. These include 12 $1,292/month one-bedrooms and three $1,458/month two-bedrooms. Just as good as the price is the location; the mixed-use building is directly across from the southeast entrance to Van Cortlandt Park, right near the swimming pool and Van Cortlandt House Museum. And for families, it's also just a couple blocks from the prestigious Horace Mann School and Manhattan College.
Find out if you qualify

Affordable Housing

58 affordable units up for grabs in historic Queens neighborhood of St. Albans, from $558/month

Image via Sisca

April 27, 2018

58 affordable units up for grabs in historic Queens neighborhood of St. Albans, from $558/month

By Devin Gannon

A lottery launched this week for 58 mixed-income apartments in a newly constructed building in St. Albans, a suburban enclave in western Queens. Located at 118-35 Boulevard, the development sits near the historic district of Addisleigh Park. Although it started as a white-only community, the neighborhood was home to many notable African Americans, including famous jazz musicians, from the 1930s and on. Artists like Count Basie, James Brown, John Coltrane, Miles Davis, Ella Fitzgerald, and even baseball superstars like Babe Ruth and Jackie Robinson all have lived in this area. Qualifying New Yorkers earning 40, 50, 60 and 80 percent of the area median income can apply for units ranging from $558/month one-bedroom to a $1,511/month two-bedroom apartments.
Find out if you qualify

Affordable Housing

Lottery opens for 28 affordable apartments in Alphabet City, from $596/month

Photo via Paul Sableman/Flickr

April 26, 2018

Lottery opens for 28 affordable apartments in Alphabet City, from $596/month

By Dana Schulz

A 110-unit, mixed-use project in Alphabet City is nearing completion, and with that, has just launched its affordable housing lottery for 28 apartments. The mixed-income units are available to those earning 40, 60, and 130 percent of the area median income and range from $596/month studios to $2,519/month two-bedrooms. The 75/25 project at 79 Avenue D offers a terrace, landscaped roof deck, fitness center, lounge, bike room, and, of course, proximity to all the trendy spots in the East Village and Lower East Side.
Find out if you qualify

Affordable Housing

Nearly 900 Section 8 residents in NYC spend more than 80 percent of income on rent

Photo via Pexels

April 26, 2018

Nearly 900 Section 8 residents in NYC spend more than 80 percent of income on rent

By Michelle Sinclair Colman

Can anyone, at any income level, justify and sustain paying 80+ percent of their income on rent? Obviously not. According to the Housing and Urban Development website, “If a household pays more more than 30 percent of its gross income on rent and utilities it is considered rent-burdened." Despite HUD’s claim, amNY highlighted two NYC renters in Section 8 housing who spend over 80 percent of their income on rent. The housing policies peg their rent to their income. Robert Rodriguez, who has lived in his Upper West Side apartment for 41 years and filed a lawsuit last June against the city, now pays a whopping 86 percent of his income in rent. Adding to the problems, on Wednesday HUD Secretary Ben Carson proposed massive changes, which would triple rent for the poorest households and make it easier for housing authorities to impose work requirements.
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April 24, 2018

Crown Heights middle-income housing lottery gets you near all the action

By Dana Schulz

But it won't really save you enough to enjoy all this happening 'hood has to offer. The latest in a string of "affordable" middle-income lotteries, this offering for three $2,716/month two-bedroom units at 85 Rogers Avenue is reserved for households earning between $93,120 and $111,670 annually, or 130 percent of the area median income. For a single person earning the lower end of the range, this is more than a third of their yearly income before taxes. So hitting up nearby Barboncino for wood-fired pizza or Super Power for tiki cocktails, might not be the most economical idea.
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Affordable Housing

April 24, 2018

Live right next to Prospect Park in Prospect-Lefferts Gardens, from $1,807/month

By Devin Gannon

Want Prospect Park as a backyard? Enter a lottery for 16 middle-income apartments at a brand new building in Brooklyn's Prospect-Lefferts Gardens that sits directly across from the 526-acre park. Located at 510 Flatbush Avenue (also 33 Lincoln Road), the Lincoln Road Apartments rise nine stories and contain 141 units. Qualifying New Yorkers earning 130 percent of the area median income can apply for units ranging from $1,807/month studios to $2,733/month two-bedroom apartments.
Find out if you qualify

Affordable Housing

Lottery launches for five middle-income units in Parkchester, from $1,700/month

By Devin Gannon

A housing development located in the Bronx's Parkchester neighborhood has five middle-income apartments up for grabs. The two buildings at 1360-1364 Purdy Street are located just outside the planned neighborhood and sits around the corner from the 6 train at Castle Hill Avenue. Qualifying New Yorkers earning 130 percent of the area median income can apply for units ranging from a $1,700/month one-bedroom to a $1,875/month two-bedroom.
Find out if you qualify

Affordable Housing

Middle-income housing lottery in Bed-Stuy saves renters close to nothing

Google Street View of 867 DeKalb Avenue

April 19, 2018

Middle-income housing lottery in Bed-Stuy saves renters close to nothing

By Dana Schulz

For the second time in two days, the city's affordable housing portal has opened the application process for a middle-income lottery that's basically no cheaper than the building's regular market-rate units. For example, this opportunity at 867 DeKalb Avenue, a recently constructed rental in Bed-Stuy, is offering 11 units to those earning 115, 125, and 130 percent of the area median income. The "affordable" apartments range from $2,163/month one-bedrooms to $2,716/month two-bedrooms. By comparison, the market-rate units start at $2,100 for one-bedrooms and $2,744 for two-bedrooms.
What's up with that?

Affordable Housing

April 18, 2018

Live in the heart of hip Williamsburg, from $865/month

By Devin Gannon

Via Dattner Architects Although rental prices are dropping in Williamsburg due to the impending L-train shutdown, a recently launched lottery is offering up a can't-miss deal. A brand new building located at 105 South Fifth Street has 38 affordable units up for grabs. In addition to the housing units, the Datter Architects-designed mixed-use project features roughly 4,000 square feet of retail and a 1,000-square-foot medical facility. Qualifying New Yorkers earning 60 percent of the area median income can apply for apartments ranging from an $865/month studio to a $1,121/month two-bedroom.
Find out if you qualify

Affordable Housing

Middle-income lottery opens for seven apartments in pretty Prospect-Lefferts Gardens

Photo via CityRealty

April 17, 2018

Middle-income lottery opens for seven apartments in pretty Prospect-Lefferts Gardens

By Dana Schulz

Here's your chance to live in pretty Prospect-Lefferts Gardens for, perhaps, less than the neighborhood's market-rate rents. An affordable housing lottery is opening for seven units in a new, eight-story building at 212 Linden Boulevard. As 6sqft recently uncovered, many middle-income apartments throughout the city serve more to subsidize the truly affordable units, and therefore, don't come in that much cheaper. Here, the homes are available to those earning 130 percent of the median income and range from $1,800/month studios to $2,714/month two-bedrooms. By comparison, the market-rate rentals range from $1,850/one bedrooms to $3,000/month two-bedrooms.
Find out if you qualify

Affordable Housing

$700M proposal calls for NYC’s first soccer stadium and 550 affordable apartments in the South Bronx

Rendering via Rafael Viñoly Architects

April 17, 2018

$700M proposal calls for NYC’s first soccer stadium and 550 affordable apartments in the South Bronx

By Devin Gannon

New York City could be getting its first soccer stadium if a proposal for the project led by Related Companies gets chosen by officials. A partnership made up of developers Related and Somerset Partners, along with the Major League Soccer team, New York City Football Club, has submitted a plan to bring a 26,000-seat soccer stadium designed by Rafael Viñoly, over 550 units of affordable housing and a waterfront park to the South Bronx. According to YIMBY, the project, estimated to cost $700 million, would rise on the site of the Harlem River Yards, a 13-acre parcel in Mott Haven operated by the Empire State Development Corporation.
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Rendering via ODA Architects

April 16, 2018

100 chances to live at ODA’s Rheingold Brewery development in Bushwick, from $913/month

By Devin Gannon

A lottery launched this week for 100 affordable units at 10 Montieth Street, part of the massive ODA-designed Rheingold Brewery development in Bushwick. The seven-story, 392-unit building topped out last September, with its distinct modular form, sloping rooftop garden and colorful frames. Amenities at the building include a climbing wall, laundry room, interior courtyard, game room, bike storage, children's playroom, art studios and much more. Qualifying New Yorkers earning 60 percent of the area median income can apply for the units, ranging from $913/studios to $1,183/two-bedroom apartments.
Find out if you qualify

April 13, 2018

Lottery launches for nine middle-income apartments near Marine Park, from $1,700/month

By Devin Gannon

A lottery launched this week for nine middle-income apartments in the Midwood neighborhood of Brooklyn. Located at 2802 Kings Highway, the building sits at a nexus of Madison and Marine Park, which is home to Brooklyn's largest public park. Nearby transit options include the B and Q trains, as well as a slew of Brooklyn-bound buses. Qualifying New Yorkers earning 130 percent of the area median income can apply for the one-bedrooms for $1,700/month or two-bedrooms for $2,200/month.
Find out if you qualify

Affordable Housing

Photo via CityRealty

April 11, 2018

Why middle-income New Yorkers are turning down affordable housing

By Cait Etherington

It sounds like a dream come true. After a decade of living and struggling to pay your rent as a middle-income New Yorker, you get an email from NYC Housing Connect that says, “Invitation for Interview” followed by the address of the building to which you applied. For a moment, you are ready to break out the champagne and start celebrating the fact that that rent-stabilized, affordable NYC apartment you have always dreamt about living in—yes, that massive apartment that is only a fraction of everyone else’s monthly rent—is finally in reach. But then, like a lot of middle-class New Yorkers, you start to seriously consider whether you’re ready, willing, and able to accept what NYC Housing Connect is actually offering.
Hear from real New Yorkers who have turned down affordable housing

Lottery for middle-income apartments in Harlem raises the question of affordability

Photo of Harlem via Ian Freimuth/Flickr

April 11, 2018

Lottery for middle-income apartments in Harlem raises the question of affordability

By Dana Schulz

Just hours ago, 6sqft published an article about how many middle-income New Yorkers forego affordable housing opportunities because the "affordable" units are actually more expensive than their current market-rate homes. And now here's a perfect example. Five units are available through the city's housing lottery in the heart of Harlem, at 10 West 132nd Street, but the two studios are $1,900/month and the three one-bedrooms are $2,270/month. For a two-person household earning between $ 77,829 and $ 108,550 annually, is a $2,300 monthly rent payment really affordable?
All the details ahead

Affordable Housing

Rendering of the Sumner Houses Senior Building, courtesy of the Architect, Studio Libeskind

April 10, 2018

New renderings revealed for Daniel Libeskind’s affordable senior housing building in Bed-Stuy

By Michelle Cohen

Just a few weeks ago, 6sqft reported that starchitect Daniel Libeskind's first New York City building to rise from the ground up would be a 197-unit affordable senior housing project planned for Site 2 of the Sumner Houses in Bed-Stuy. Now Studio Libeskind has released three new renderings of the 10-story building-to-be, showing more of its an angular white-colored facade done in the firm’s signature un-orthogonal style (h/t Dezeen).
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April 5, 2018

Snag an affordable one-bedroom in Greenpoint for $1,020/month

By Devin Gannon

Photo via CityRealty A newly constructed, 14-unit rental in Greenpoint has launched a lottery for three affordable one-bedroom apartments. The ground-up building is located at 977 Manhattan Avenue, between India and Huron Streets, and is an investment property, with the entire building listed for $14.25 million. Qualifying New Yorkers earning 60 percent of the area median income can apply for the $1,020/month one-bedroom apartments.
Find out if you qualify

Affordable Housing

Apply for 35 middle-income units near Pratt Institute in Clinton Hill, from $2,030/month

Rendering via Aufgang Architects

April 5, 2018

Apply for 35 middle-income units near Pratt Institute in Clinton Hill, from $2,030/month

By Devin Gannon

A newly constructed Clinton Hill building is now accepting applications for 35 middle-income units. Located at 325 Lafayette Avenue, the building sits around the corner from the Pratt Institute, Classon Playground and a plethora of restaurants and bars. The eight-story rental, designed by Aufgang Architects, features a brick facade with metal panels. Qualifying New Yorkers earning 130 percent of the area median income can apply for units ranging from a $2,030/month studio to a $2,581/month two-bedroom.
Find out if you qualify

Affordable Housing

April 3, 2018

La Central, 992-unit affordable Bronx development, ramps up construction

By Michelle Cohen

As 6sqft previously reported, after getting the green light for La Central, a new development that would bring nearly 1,000 units of affordable housing to the site of the Bronx Zoo-bordering Lambert Houses, construction on phase 1 of the project is well underway. Welcome2TheBronx reports that a 160-unit building D at Bergen Avenue and 152nd Street, a supportive housing building for formerly homeless individuals, is almost topped out and is scheduled to be finished by the summer of 2019. Two more buildings in the 992 unit, 1.1-million-square-foot Hudson Companies, Inc, development have broken ground.
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Cuomo declares state of emergency for NYCHA, creates independent monitor to oversee authority

Photo of Queensbridge Houses via Wikimedia

April 3, 2018

Cuomo declares state of emergency for NYCHA, creates independent monitor to oversee authority

By Devin Gannon

Citing hazardous conditions like lead paint and mold, Gov. Andrew Cuomo on Monday declared a state of emergency for the New York City Housing Authority (NYCHA). He also ordered an independent monitor be appointed within 60 days to expedite repairs and upgrades. An investigation by the state's Health Department revealed this week that in the last month alone, at least one severe condition that poses a health risk has been found inside 83 percent of 255 apartments checked, including peeling paint, mold, evidence of rodent and insect infestation and missing smoke and carbon monoxide detectors. The monitor will also oversee how NYCHA spends the $250 million the state allocated in its budget signed this weekend, according to the New York Times.
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Lottery launches for 124 middle-income units in East Harlem, from $822/month

Rendering via MAP Architects

March 29, 2018

Lottery launches for 124 middle-income units in East Harlem, from $822/month

By Devin Gannon

A brand new East Harlem mixed-use development, known as Acacia Gardens, now has 124 middle- income apartments up for grabs. The 12-story brick building at 411 East 120th Street, the site of a former parking lot, includes over 180,000 square feet of residential space. Qualifying New Yorkers earning 60 and 100 percent of the area median income can apply for units ranging from an $822/month studio to a $1,706/month three-bedroom.
Find out if you qualify

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