Affordable Housing

Middle-Income Housing Lottery Opens for 16 Newly Renovated Apartments in Harlem

152 West 124th Street (L); 70 East 127th Street (R). Via Google Street View.

March 29, 2016

Middle-Income Housing Lottery Opens for 16 Newly Renovated Apartments in Harlem

By
The Third Party Transfer Program (TPT) is an initiative of the NYC Department of Housing and Preservation Development that was created in 1966 where the city forecloses on properties with unpaid taxes and eventually transfers ownership to a developer who must rehabilitate the building if necessary and manage it as affordable housing. Two Harlem buildings, 152 West 124th Street and 70 East 127th Street, were renovated under this program and are now offering 16 middle-income units through the city's housing lottery. They range from $1,040/month studios to $2,165 two-bedrooms for persons earning anywhere between $36,995 and $107,875 annually, depending on household size.
Find out if you qualify
Apply for 83 Affordable Apartments in Astoria, Starting at $895/Month
March 22, 2016

Apply for 83 Affordable Apartments in Astoria, Starting at $895/Month

By
The affordable housing lottery has commenced for 83 brand new apartments at the Steinway Estates in Astoria, per the NYC HPD. Units will range from $895/month studios to $2,586/month three-bedrooms, with annual income requirements varying from $32,023 for a single-person household to $130,260 for a six-person household. The development at 19-80 Steinway Street is on the edge of the Steinway IBZ (Industrial Business Zone) and was originally known as the Vesta or Vesta Q when it first surfaced as a mixed-use project back in 2008. Exact details on the building aren't clear, but renderings from Garrett Gourlay Architect show a four-story, corner-lot structure with landscaped outdoor areas and contemporary apartments.
Find out more about Steinway Estates
Affordable Housing 101: Should I Buy an HDFC Apartment?

A two-bedroom in the East Village asking just $695,000

March 21, 2016

Affordable Housing 101: Should I Buy an HDFC Apartment?

By

While perusing hundreds of real estate listings you come across one that seems almost too good to be true: it’s in a prime neighborhood, there are two real bedrooms and two real bathrooms, and it’s selling for well under a half million. While you may be pinching yourself over the price tag, rest assured that it’s […]

Housing Lottery Launches for Greenpoint Landing’s 33 Eagle Street, Rents Start at $494
March 16, 2016

Housing Lottery Launches for Greenpoint Landing’s 33 Eagle Street, Rents Start at $494

By
Greenpoint Landing's third affordable housing building has kicked off its lottery process. The ground-up seven-story building at 33 Eagle Street will provide 97 newly constructed rental apartments priced well below market-rate rents. The 24 studios will be priced from $494 to $1,463 per month for annual household earnings ranging from $18,275 to $78,650. Its 29 one-bedrooms, designated for either one or two-person households, have rents ranging from $532 to $1,840 for household incomes from $19,612 to $78,650. And lastly, the building's 49 two-bedrooms are priced between $647 and $2,216, based on household sizes ranging from two to four persons with income ranges from $23,589 to $112,190 per year.
Find out more this way
Apply Today for 47 New Affordable Apartments in Central Harlem, Starting at $847/Month
March 9, 2016

Apply Today for 47 New Affordable Apartments in Central Harlem, Starting at $847/Month

By
Starting today, you can apply for 47 brand-new affordable apartments in prime Central Harlem, according to the NYC HPD. Located at 2139 Adam Clayton Powell Jr. Boulevard, at the corner of 127th Street, the building will offer 12 $847/month one-bedroom units for households earning between $30,412 and $41,460 annually, as well as 35 $1,025/month two-bedrooms for those earning between $36,549 and $51,780. Designed by architects Urban Quotient, the building known as Harlem Dowling will also house community facility spaces for the Harlem Dowling West Side Center for Children and Services and Childrens’ Village, both foster care organizations. Harlem Dowling was founded in 1836 as the Colored Orphans Asylum, the first such institution devoted to children of color. In 1863, its building was burned down during the Draft Riots, and this new location will be the first time since that they've had their own home. Though the current housing lottery announcement doesn't specify this, a 2014 press release for the project noted that preference would be given to youth aging out of foster care.
More details ahead
Affordable Housing Lottery at Colgate Close Starts in Soundview, Priced $696/Month
March 9, 2016

Affordable Housing Lottery at Colgate Close Starts in Soundview, Priced $696/Month

By
In the Soundview neighborhood of the Bronx, the Arker Companies has commenced the affordable housing lottery process for their latest ground-up building, Colgate Close. Located at 1092 Colgate Street, where the semi-industrial area along the Bronx River evolves into a low-scale residential community, the five-story complex will contain 32 studio and one-bedrooms targeted for low-income households earning between $25,200 and $30,250 for a single person and $27,052 and $41,460 for two people. Depending on income, studios will be priced at $696 or $847 per month and one-bedrooms at $749 and $910 per month.
More details this way
MAP: Where to Find NYC’s Current Affordable Housing Lotteries
March 4, 2016

MAP: Where to Find NYC’s Current Affordable Housing Lotteries

By
The number of affordable rental units up for grabs through the city and state's housing lotteries has been on the upswing. There are now more than 30 open to a variety of household sizes and incomes, with the bulk of the lotteries geared towards low-income households. For instance, in buildings currently accepting applications, annual incomes for a single-person household range from $18,789 to $36,300 and two-family households from $20,160 to $41,460. However, a growing number of drawings are now available to middle-income households, where for those open, a single person can make anywhere from $44,400 to $105,875 annually to qualify. To stay on top of it all, 6sqft gathered all affordable housing buildings now accepting applicants and compiled them into one handy, interactive map.
Check it out here
Why Micro-Apartments in Carmel Place Are So Expensive
March 4, 2016

Why Micro-Apartments in Carmel Place Are So Expensive

By
We’ve been hearing a lot recently about the city’s new micro-apartments. As 6sqft has reported, NYC’s first micro-apartment complex Carmel Place (formerly My Micro NY) at 335 East 27th Street began leasing at the end of last year. The nine-story modular development in Kips Bay has 55 studios that are 260 to 360 square feet. Of these, 22 are affordable and they’ll go from $950 to $1,500 a month. Market-rate units on the other end range from $2,540 to $2,910. According to CityRealty, the average rental price per square foot for New York City apartments overall is $51, while Carmel Place units ring in at $98 per square foot. The idea of micro-housing was presented, in part, to address the need for more affordable apartments. So why is it that the result is what a recent New Yorker article calls “micro-luxury" housing?
Small Is Beautiful–but Not Affordable
Over 100,000 Unofficial ‘Ghost Tenants’ May Be Living in NYC Public Housing

Photo via Wiki Commons

March 4, 2016

Over 100,000 Unofficial ‘Ghost Tenants’ May Be Living in NYC Public Housing

By
Although 400,000 is the official head count of residents in New York City’s public housing units, estimates say that figure may be much higher, and that 100,000 to 200,000 more people live there off the books, Slate reports. In a way it's hardly news: People live with relatives, friends and roommates while they aren't the primary leaseholders–almost standard fare in a regular rental apartment (though market rate tenants may run afoul of the lease if anyone wanted to make a case). The city's public housing units are over 50 years old and in dire need of updates and repairs, but because the city is becoming ever more unaffordable for anyone on a meager income, the real tally of people who live in these buildings could be as much as 50 percent higher than the official number.
Find out more about NYCHA's shadow population
Apply for One of Stuyvesant Town’s Affordable Apartments, Starting at $1,200/Month
March 1, 2016

Apply for One of Stuyvesant Town’s Affordable Apartments, Starting at $1,200/Month

By
When news broke back in October that Blackstone Group had partnered with Canadian investment firm Ivanhoe Cambridge to buy Stuyvesant Town and Peter Cooper Village for $5.45 billion, one of the most talked about parts of the deal was that it would reserve 5,000 units of affordable housing for 20 years, 4,500 of which will be for middle-income families and 500 for low-income families. Starting today, qualifying New Yorkers can apply for one of these apartments, reports to DNAinfo. Through March 31st, the housing lottery will accept up to 15,000 names for the waitlist. They'll be entered into a randomized computer system that will assign a number to each applicant, and as more apartments open up, people will be contacted to move in. The units range from $1,210/month studios for persons earning between $36,300 and $48,400 annually to $4,560/month five-bedrooms for families of five to 10 making between $136,800 and $210,870.
See the full breakdown ahead
Apply for 30 Affordable Units in Three Williamsburg Buildings, Starting at $532/Month

A rendering of 356 Bedford Avenue from the construction fence from July, 2014. Via Brownstoner

February 29, 2016

Apply for 30 Affordable Units in Three Williamsburg Buildings, Starting at $532/Month

By
Here's the third affordable housing lottery to open in Williamsburg over the past few weeks. First, 33 units opened at 149 Kent Avenue, followed by 13 more spread across five small buildings. Now, 30 additional apartments are up for grabs at 37 Ten Eyck Street, 37 Maujer Street, and 356 Bedford Avenue, according to the NYC HPD. The Bedford address, the largest of the buildings, is located in the heart of South Williamsburg, just north of the Williamsburg Bridge between South 3rd and South 4th Streets, near a cluster of trendy bars and restaurants; the Maujer and Ten Eyck buildings are in East Williamsburg between Union Avenue and Lorimer Street. According to the posting, the units range from $532/month one-bedrooms to $1,182/month three-bedrooms.
Find out if you qualify
Riverside Center’s One West End Avenue Tops Off, Cantilevering Pool and All
February 29, 2016

Riverside Center’s One West End Avenue Tops Off, Cantilevering Pool and All

By
Propelled skyward by the still-sizzling Upper West Side residential market and its dearth of buildable sites, the final phase of the Riverside South master plan is coming together alas. After decades on the drawing board, this southern-most, eight-acre segment collectively known as Riverside Center/Waterline Center has already spawned a pair of residential buildings designed by SLCE Architects  and another by Pelli Clarke Pelli with Goldstein, Hill & West Architects (GHWA). Three other parcels to the west are now undergoing site preparation. Those lots will give rise to a trio condo and rental buildings whose developer, Boston-based General Investment and Development Companies (GID), has enlisted a trio of high caliber designers working with GHWA, the executive architect of record. Work has moved forward swiftly on the the plan's first two towers. The shorter of the pair, known as One West End , has just topped off its 491-foot concrete skeleton and is being developed through a partnership between the Elad Group and Silverstein Properties. The robust 41-story spire is the second tallest building on West End Avenue, only behind its more anonymous 521-foot-tall rental neighbor 21 West End.
Details, renderings, and construction photos this way
Lottery Open for 77 Affordable Units for Seniors at Dattner Architects’ Van Cortlandt Green
February 25, 2016

Lottery Open for 77 Affordable Units for Seniors at Dattner Architects’ Van Cortlandt Green

By
It's been widely noted that New York has an ever-growing population of low-income elders, and a new affordable housing project in Riverdale seeks to address the issue. Designed by Dattner Architects (who are also behind the Bronx's huge West Farm Redevelopment Plan), the brand-new building at 6469 Broadway is known as Van Cortlandt Green and overlooks the park. It will offer 77 studios for $832/month for those age 62 and older. They're available to one person earning between $26,430 and $36,300 annually and two persons earning between $26,430 and $41,460, according to the NYC HDC.
Find out how to apply
City Planning Commission Approves Controversial East New York Rezoning Plan in 12-1 Vote

Map of proposed rezoning via Department of City Planning

February 25, 2016

City Planning Commission Approves Controversial East New York Rezoning Plan in 12-1 Vote

By
The New York City Planning Commission voted 12-1 in approval of Mayor de Blasio's controversial rezoning plan for East New York, Gothamist reports. It's the first of 15 low-income neighborhoods scheduled for rezoning as part of the Mayor's affordable housing plan, which promises to create or preserve 200,000 units of affordable housing. The City Council is scheduled to vote on the rezoning this spring. As part of what is known as Mandatory Inclusionary Housing (MIH), rezoning plans for East New York's Cypress Hills neighborhood and adjacent Ocean Hill in Bed-Stuy would have 7,000 new apartments built by 2030, 3,447 of which will be designated affordable, in addition to one million square feet of commercial space. Of those affordable units, 80 percent would be reserved for families (defined as a household of three, with any number of earners) making no more than 60 percent of the Area Median Income (AMI), or $46,000; 27 percent would go to families making 40 percent of the AMI or $31,000.
Find out more
Apply Now for 13 New Affordable Apartments Across Williamsburg, Starting at $756/Month

7 Stagg Street via Joseph Vance Architects

February 16, 2016

Apply Now for 13 New Affordable Apartments Across Williamsburg, Starting at $756/Month

By
Last week, 6sqft announced that the affordable housing lottery had launched for 33 apartments at 149 Kent Avenue in Williamsburg. If you're in this income bracket and are looking to live in this trendy Brooklyn area, you can now up your chances, as 13 more brand-new affordable units are up for grabs at five sites around the neighborhood–568 Graham Avenue, 7 Stagg Street, 40 Scholes Street, 198 Montrose Avenue, and 44 Morgan Avenue–according to the NYC HDC. These addresses, which will offer/preserve 24 affordable units in total, are part of a project from the affordable housing developer St. Nicks Alliance. Currently available are one-, two-, and three-bedroom units for those earning between $30,446 and $60,120 annually, roughly 60 percent of the area median income.
More information this way
Apply Today for an $827/Month Apartment at the Controversial Towers Next to St. John the Divine
February 12, 2016

Apply Today for an $827/Month Apartment at the Controversial Towers Next to St. John the Divine

By
The Enclave at the Cathedral is a set of two brand-new rental buildings in Morningside Heights from the Brodsky Organization. Offering a total of 428 residential units, the 13- and 15-story undulating towers were involved in quite a bit of controversy for their position obstructing the 123-year-old Cathedral of St. John the Divine, which just happens to be the world's largest cathedral. But if this little issue doesn't bother you, and you earn between $29,726 and and $51,780 annually, you can apply starting today for one of 87 affordable units, according to the NYC HDC. They include 27 studios priced at $827/month; 40 one-bedrooms at $931/month; and 20 two-bedrooms at $1,123/month.
Find out if you qualify
Housing Lottery Kicks Off for $801/Month Middle-Income Apartments in the Brooklyn Cultural District
February 9, 2016

Housing Lottery Kicks Off for $801/Month Middle-Income Apartments in the Brooklyn Cultural District

By
It's been quite a week to up your chances of snagging an affordable apartment in the city, with housing lottery applications being accepted for 175 West 60th Street, PS 186, EŌS, and 149 Kent Avenue. Now in booming Downtown Brooklyn, near BAM in the Brooklyn Cultural District, the Ashland at 250 Ashland Place has kicked off its lottery process, offering 282 below market-rate apartments, according to the NYC HDC. Unlike many of the recent launches, aimed towards low-income households, the Ashland is geared towards middle-income applicants earning between $28,835 for single individuals up to $200,400 for a family of six. Those who fall within the income guidelines have the opportunity to pay rents ranging from $801 for studios to $3,649 for three-bedroom units.
Find out more
Apply for a $641/Month Apartment in Central Harlem Starting Thursday
February 9, 2016

Apply for a $641/Month Apartment in Central Harlem Starting Thursday

By
The latest in a rush of housing lottery kick offs is happening on Thursday at 260 West 153rd Street in Central Harlem, according to the NYC HDC. The brand new building is courtesy of affordable housing gurus L&M Development (who are also behind 149 Kent Avenue in Williamsburg, where a lottery is launching tomorrow). Of its 51 apartments, 34 are set aside for low-income residents earning between $23,349 and $43,150 annually. Rents will range from $641/month studios to $836/month two bedrooms.
Find out if you qualify
Live in Trendy Williamsburg for $563/Month, Lottery Launching for 149 Kent Apartments
February 8, 2016

Live in Trendy Williamsburg for $563/Month, Lottery Launching for 149 Kent Apartments

By
Williamsburg became unaffordable a long time ago, but if you're still looking to get in on the trendy Brooklyn action, this may be your chance. According to the NYC HDC, the affordable housing lottery for 149 Kent Avenue will launch on Wednesday, giving those who meet the income requirements a shot at 33 brand-new apartments ranging from $563/month studios to $926/month two-bedroom units. And they're just two blocks away from East River State Park (aka the home to Brooklyn Flea and Smorgasburg).
Find out if you qualify
Housing Lottery Commences for EŌS, Live in NYC’s Shortest Skyscraper for $566/Month
February 8, 2016

Housing Lottery Commences for EŌS, Live in NYC’s Shortest Skyscraper for $566/Month

By
The affordable housing lottery for the Durst Organization's nearly finished rental tower EŌS at 855 Sixth Avenue launches today, according to the NYC HPD. One year ago, 6sqft reported on the 42-story structure's topping out, which at exactly 500 feet makes it officially tied as the shortest skyscraper in the city. Now, with full leasing slated to begin this spring, the application process for the 75 newly constructed, below-market rate apartments set aside for low-income residents is open. Rents in the Midtown West tower will range from $566/month studios to $930/month two-bedroom units.
More renderings and details ahead
Hamilton Heights’ PS 186 Kicks Off Affordable Housing Lottery Today, Starting at $508/Month
February 5, 2016

Hamilton Heights’ PS 186 Kicks Off Affordable Housing Lottery Today, Starting at $508/Month

By
Earlier this week, Curbed reported that one of the first affordable housing developments financed under Mayor Bill de Blasio’s housing plan will kick off its lottery today. The former school building at 525 West 145th Street in Hamilton Heights has been rehabbed into apartments and a community space and now goes by the name The Residences at PS 186. The project will bring 78 sure-to-be-sought-after affordable apartments to low- and middle-income households earning between $18,729 and $142,400 per year. In all, there will be 19 studio units, 47 one-bedrooms, and 12 two-bedrooms available for various income ranges and household sizes. The cheapest units will be two studio apartments priced at $508 per month, available for single-person households earning between $18,789 -$24,200. Half of the units will be set aside for local residents and five percent for city employees.
Lots more details and find out if you qualify
RKTB Architects Design Two New Affordable Housing Buildings in the Bronx

824 Saint Anne’s Avenue (L) and 345 Saint Anne’s Avenue (R); courtesy of RKTB Architects

February 3, 2016

RKTB Architects Design Two New Affordable Housing Buildings in the Bronx

By
Yesterday, the architecture world was abuzz with newly released renderings of Bjarke Ingels' NYPD station house in the Bronx. Nearby, a couple of other buildings are set to rise, and though they may not have the same starchitect cachet, they'll certainly attract some attention for the fact that together they'll offer 269 units of affordable housing. Designed by RKTB, the architects behind our favorite castle conversion at 455 Central Park West, the buildings are planned for Saint Anne's Avenue in the South Bronx, and their designs illustrate how far the city has come in raising the aesthetic quality of government-funded housing.
Find out all about the projects here
Construction Update: BKSK Architects’ ‘Hi-Side’ Tower Goes Vertical on the Far West Side
February 2, 2016

Construction Update: BKSK Architects’ ‘Hi-Side’ Tower Goes Vertical on the Far West Side

By
BKSK Architects have designed a robust steel- and brick-faced building at 509 West 38th Street, slated to open in 2017. After a failed condo proposal, a foreclosure, and a developer switch, the project is finally ascending and is already seven stories out of the ground since we last checked a week ago. Dubbed "The Hi-Side," the 158,000-square-foot, mixed-use tower is being developed by investment firm Imperial Companies, who picked up the site from Iliad Development in an undisclosed deal. Fast forward nearly eight years, and a 30-floor, 345-foot building is rising at the site. Situated at the eastern block front of the future Hudson Park Boulevard, bands of ribbon windows along its western face will provide residents with sweeping views of the Hudson River. The base of the tower, which will feature a restaurant, is clad in a muscular rhythm of exposed steel, brick spandrels, and large multi-pane windows.
Find out more
New Renderings of FXFOWLE’s Curving Harlem Condo, Circa Central Park
January 29, 2016

New Renderings of FXFOWLE’s Curving Harlem Condo, Circa Central Park

By
Since 6sqft checked in last November, Harlem's most anticipated condominium building, Circa Central Park, has wrapped up its structural frame and is preparing to be covered in its glass, metal, and brick skin. Now, as we await sales to officially launch, the building's designers, FXFOWLE Architects, give us our first full look at the building inside and out.
Lots more info and renderings
Pitch a story icon

Pitch a Story

We love to hear from you!

"*" indicates required fields

Interested in seeing the property in person?

It’s free, with no obligation.

CityRealty Logo

"*" indicates required fields

or Call (212) 755-5544

Interested in seeing the property in person?

It’s free, with no obligation.

CityRealty Logo

Distinctive Post Form

"*" indicates required fields

or Call (212) 755-5544
Contact us image

Get in Touch

We love to hear from you!

"*" indicates required fields

Send us a tip image
Delivering New York stories focused on design, lifestyle & real estate.

Send us a Tip

We love to hear from you!

"*" indicates required fields

Interesting in learning more about purchasing a new home?

Let us know what you are looking for and we’ll help you find the home of your dreams. It’s free, with no obligation.

CityRealty Logo
or Call (212) 755-5544

Thinking about selling your home?

We’ll provide current market comps and connect you with a trusted expert.

CityRealty Logo

Sell a Home (Footer)

"*" indicates required fields

or Call (212) 755-5544

Before You Move On
from this Page.

Subscribe for NYC's Lastest Design, Lifestyle,
and Real Estate Trends!

No Worries. We Don’t Spam.

By providing your email address, you agree to our Terms of Use and Privacy Policy.
You can unsubscribe at any time.

Your Passport to NYC:
Subscribe for Local Insights and Stories!

No Worries. We Don’t Spam.

By providing your email address, you agree to our Terms of Use and Privacy Policy.
You can unsubscribe at any time.