affordable housing

affordable housing, Policy

Google Street View of the Holmes Towers with the playground in question in the foreground

This past spring, the de Blasio administration revealed plans to lease “empty” NYCHA land–parking lots and grassy areas–for the creation of market-rate housing, which certainly ruffled the feathers of affordable housing advocates. Though the proposal hasn’t been set into motion city-wide, it is taking shape at one housing project on the Upper East Side, the Holmes Towers on 92nd to 93rd Streets and 1st to York Avenues. As the Daily News reports, NYCHA recently “described tenant support for the plan to let a developer build 300 units — half market rate, half affordable — where the Holmes playground now sits.” But this “tenant stakeholder committee” says they feel very differently.

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affordable housing, Bronx, New Developments, Policy, Rentals

La Central, Bronx, Affordable Housing, mandatory inclusionary housing, Mayor de Blasio, MIH, YMCA, Melrose, city council, Rafael Salamanca, Melissa Mark-Viverito

On Wednesday the New York City Council voted to approve the La Central development project in the Melrose section of the Bronx, the Daily News reports. The project, which will be designed by FXFOWLE architects, is slated to bring 992 apartments to the borough, all of them designated as affordable housing under Mayor de Blasio’s mandatory inclusionary housing (MIH) legislation. It is the biggest project to be approved to date under the MIH rules, which require some income restricted apartments in projects that need the city’s approval.

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affordable housing, Bushwick, housing lotteries

Starting tomorrow, four affordable apartments are up for grabs at 44 Stanhope Street in central Bushwick through the city’s affordable housing lottery. They include an $856/month studio and three $985/month one-bedrooms, reserved for those earning less than 60 percent of the area media income. The 20-unit building was recently constructed, and residents will be just five short blocks from the Central Avenue M train station in a low-scale residential area.

Find out if you qualify

affordable housing, housing lotteries

Henry Phipps Plaza south

NYC’s Housing Connect has announced today that it will re-open its waiting list for Henry Phipps Plaza South, an affordable residence located at 330 East 26th Street in the heart of Kips Bay. The 14-story post-war building boasts a total of 407 units and was developed under the Federal housing financing program. As such, 290 of the units have been reserved for New Yorkers earning less than 50 percent of the area median income, and residents of this building will pay no more than 30 percent of their adjusted income on rent.

Income requirements and offers this way

affordable housing, Astoria, housing lotteries

28-22 Astoria Boulevard, Astoria rentals, Queens affordable housing, NYC housing lotteries

Starting today, qualified New Yorkers can apply for six affordable apartments at 28-22 Astoria Boulevard, a new mixed-use building just two blocks away from the Astoria Boulevard N, Q station and three blocks from the popular Bohemian Hall and Beer Garden. The seven-story, red-brick corner rental has 25 apartments with retail on the ground floor. The affordable units, reserved for those earning between 60 and 80 percent of the AMI, are three $1,158/month studios and three $1,330/month one-bedrooms, quite the deal considering market-rate units in the building are renting for around $3,000/month for one-bedrooms and $4,300/month for two-bedrooms.

Find out if you qualify here

affordable housing, Architecture, housing lotteries, Long Island City

2222 Jackson Avenue, Long Island City rentals, ODA Architects

For those who think affordable housing and creative design don’t go together, this Long Island City rental from ODA Architects could very well change their minds. Known as 2222 Jackson Avenue, the 175-unit, 11-story building features the firm’s signature stacked cube shape and an exposed concrete facade that “maintains the structure’s seeming ability to change shape as natural light plays with the unique silhouette of the structure,” according to the teaser site.

As of tomorrow, 35 apartments here will be up for grabs through the city’s affordable housing lottery. Units will range from $850/month studios to $1,274/month three-bedrooms, quite the deal considering residents will be living right across from MoMA PS1 in one of the city’s trendiest ‘hoods.

Find out if you qualify

affordable housing, housing lotteries, hudson yards, Midtown West

manhattan west, hudson yards, som, renderings, brookfield properties, new developments, skyscrapers, tall towers, megaproject, midtown west

6sqft revealed renderings at the beginning of the year of Skidmore, Owings & Merrill‘s Hudson Yards-adjacent, five million-square-foot Manhattan West project, which “will include two office towers, a rental tower with 844 apartments at 435 West 31st Street, retail space and a new landscaped public plaza designed by James Corner Field Operations, the firm responsible for the design of the High Line.” As of Tuesday, September 6th, New Yorkers earning 60 percent of the area median income can apply for 169 affordable apartments in the residential tower; they’ll range from $913/month studios to $1,359/month three-bedrooms.

Find out if you qualify here

affordable housing, housing lotteries, Upper West Side 

10 freedom place, 1 west end avenue

Starting tomorrow, qualifying New York residents can apply for 116 sparkling new apartments at 10 Freedom Place South in Christian de Portzamparc’s masterfully planned Riverside Center on the Upper West Side. The affordable offer is part of Silverstein Properties and the Elad Group’s luxurious new Pelli Pelli Clarke-designed 1 West End Avenue project, built through the city’s 421-a Inclusionary Housing Program. As such, the development’s 365 units have been divided into two sections served by two separate entrances—116 affordable apartments located in the lower eight floors marked by stone, and 249 lavish market-rate units topping them off in the glass tower.

Pricing and income requirements this way

affordable housing, Brooklyn, housing lotteries

1676 BROADWAY BROOKLYN

As a subsection of Bed-Stuy—and with a location adjacent to rapidly gentrifying Bushwick—Ocean Hill has seen renewed interest from developers in the last few years. The approved rezoning of East New York in February has also given the neighborhood a big boost and brokers have started calling the area Brooklyn’s “last frontier.” As such, although the area median income remains very low ($35,000), home prices are quickly moving skyward and flipping is already in full effect. But not all is lost for those with lesser means. Starting today, qualifying NYC residents can apply for 27 newly constructed apartments at 1676 Broadway and 8 Rockaway Avenue. Apartments ranging from one- to three-bedrooms have been priced between $834 and $1,163 a month and are being offered to households earning between $30,000 and $63,000.

See more on if you qualify here

affordable housing, Policy

Construction contractors

One of the biggest snags in Mayor de Blasio’s ambitious affordable housing plan (to add/preserve 200,000 such units over the next decade) has been his contention with Governor Cuomo over the city’s 421-a program, which provides tax breaks for up to 25 years to new residential buildings that reserve at least 20 percent of units as affordable. The program expired in January, fueling concerns that permits for new rental units would drop as developers face skyrocketing land prices and be replaced with even more luxury condos.

Now, after months of uncertainty, the Times reports that the Governor “has offered developers and union officials a wage subsidy for construction workers in the hopes of reviving [421-a].” His proposal was sent out as a single-page memo to residential developers on Tuesday night, presumably unbeknownst to de Blasio. Though it doesn’t require union work force or prevailing wages, it does set a $65/hour minimum for projects south of 96th Street in Manhattan with 300 or more units and a $50/hour minimum for those of the same size along the Brooklyn and Queens waterfronts, $15 of which will be paid for by the state. These projects will be required to set aside 25 to 30 percent of units as below-market rate rentals.

More details ahead

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