Affordable Housing

Plan to turn Sunset Park library into 49 low-income apartments moves forward

October 17, 2016

Plan to turn Sunset Park library into 49 low-income apartments moves forward

By Michelle Cohen

In 2014 the news surfaced that Brooklyn Public Library (BPL) was planning to sell its Sunset Park branch at 5108 4th Avenue to a non-profit community development organization, Fifth Avenue Committee (FAC). The developer would demolish the 43-year-old building and build in its place a larger library with eight stories above that would contain 49 below-market-rate apartments, in part with public money allocated by Borough President Eric L. Adams. The developers say the plan will create housing for Brooklyn's neediest residents. Brooklyn Paper now reports that developers are preparing to pitch the project to Community Board 7’s land-use committee on November 3 as part of a public review process. The city council has the final say whether it goes through.
Find out more

Lottery opens for new Crotona Park East affordable development, units from $788/month

Rendering of 1776 Boston Road via DPGroup (L); Google Street View of the site in June 2016

October 17, 2016

Lottery opens for new Crotona Park East affordable development, units from $788/month

Almost exactly two years ago to the date, High Hawk LLC broke ground on a new 72-unit, mixed-income affordable housing development at a long-underutilized site at 1776 Boston Road in Crotona Park East. Known as the High Hawk Apartments, the eight-story building also offers three tenant recreation areas, commercial and retail space, a ground-floor community facility, and a below-grade parking garage. The city aimed to "increase income diversity" in the Bronx neighborhood by dividing the apartments with 18 reserved for households earning less than 60 percent of the area media income and 54 reserved for those earning less than 100 percent. The former group ranges from a $788/month studio to $1,182/month three-bedrooms, while the latter ranges from $1,208/month one-bedrooms to $1,683/month three-bedrooms.
Find out if you qualify

Affordable Housing

Live in Brooklyn’s tallest tower for $833/month, lottery launching for 150 units at 333 Schermerhorn

Rendering of The Hub via Dattner Architects (L); Construction shot as of December 2015 via Tectonic (R)

October 13, 2016

Live in Brooklyn’s tallest tower for $833/month, lottery launching for 150 units at 333 Schermerhorn

At 610 feet, Douglas Steiner's 333 Schermerhorn Street in Downtown Brooklyn currently holds the title of tallest building in Brooklyn. Though it'll be surpassed by forthcoming supertalls like JDS' 9 DeKalb Avenue, the first 1,000+ foot tower in the borough, and the 700-foot 205 Montague Street, the 53-story slab apartment tower known as The Hub will certainly remain a much-sought-after address, especially considering its wealth of amenities and proximity to the BAM Cultural District. Of its 740 apartments, 150 are reserved for New Yorkers earning less than 60 percent of the area media income, and as of tomorrow the lottery is open for these units, which range from $833/month studios to $1,082/month two-bedrooms.
Find out if you qualify

Affordable Housing

Waitlist opens for affordable, four-bedroom co-ops in Lincoln Center, from $102K

October 13, 2016

Waitlist opens for affordable, four-bedroom co-ops in Lincoln Center, from $102K

The Lincoln-Amsterdam House is a 25-story co-op building that stretches from West 64th to 65th Streets along the eastern side of West End Avenue, just one block away from Lincoln Center. It's a Mitchell-Lama development, which, as 6sqft previously explained, is a program "created in 1955 to provide affordable rental and cooperative housing to moderate- and middle-income families." As of today, the 100-name waitlist is open for four-bedroom units in the building to households with a minimum of six persons earning between $33,440 and $149,531 annually. The co-ops will sell from $102,814 to $109,545.
Find out more

Affordable Housing

A look at Yorkville’s affordable housing decline

October 10, 2016

A look at Yorkville’s affordable housing decline

By Cait Etherington

Despite its location just a few blocks east of Park Avenue, Yorkville remains one of Manhattan’s most affordable neighborhoods south of 95th Street. The neighborhood’s reasonable prices partially reflect its reputation. Simply put, Yorkville has never been considered quaint or hip. Since its development in the nineteenth century, it has been best known for its German delis and unremarkable yet practical residential housing. Another factor that has historically kept the neighborhood’s housing prices below average is its high stock of rent stabilized units. Unfortunately, Yorkville’s reputation as a great place to find a bargain may soon be compromised. Recently released data on affordable housing stock in New York reveals that rent stabilized housing in Yorkville is rapidly declining. Indeed, between 2007 and 2014, the neighborhood lost more rent stabilized units than any other neighborhood in the city’s five boroughs.
read more here

41 affordable units up for grabs in Williamsburg, starting at $788/month

October 7, 2016

41 affordable units up for grabs in Williamsburg, starting at $788/month

The city's latest affordable housing lottery is for 41 apartments in a newly constructed Williamsburg building just two blocks east of McCarren Park. A project of Dunn Development, the Meekerman is the second development in the state completed under the LIHC Mixed-Income Pilot Program, and it provides housing for those earning less than 40, 50, 60, and 80 percent of the area median income. Rents in the energy efficient building--it employs high-performance systems and appliances, as well as solar panels--range from $788/month for studios to $1,403/month for two-bedrooms.
Find out if you qualify

Affordable Housing

Affordable housing applicants with low credit scores and legal history now protected from discrimination

October 4, 2016

Affordable housing applicants with low credit scores and legal history now protected from discrimination

In recent months, the city has been pushing for legislation that better protects tenants, including a bill that would guarantee lawyers for all low-income residents facing eviction and regulations over screening software services that leads to landlord discrimination. They're now taking this idea to affordable housing lotteries, where there's been a major uptick in activity over the past couple years due to the Mayor's goal to add or preserve 200,000 units over 10 years. As DNAinfo reports, the city is releasing today an online Marketing Handbook for the lotteries, and among the objectives are protections for applicants with low credit scores and those who have previously taken their landlords to court.
Find out more

Interactive map reveals NYC buildings where affordable housing is being threatened

September 23, 2016

Interactive map reveals NYC buildings where affordable housing is being threatened

New York City currently maintains about 178,000 affordable housing units, a number that is getting a boost with Mayor de Blasio's plans to preserve or build 200,000 more units over ten years. However, while de Blasio has put the preservation of affordable housing at the heart of his administration's work, there's still a lot of headway to be made, and the threat for displacement remains high for a considerable number of New Yorkers. But who is at most risk? A new map (h/t DNA Info) created by the Association for Neighborhood and Housing Development (ANHD) seeks to shed some light on what areas, and even more specifically, which buildings, will likely see rent hikes in the near future.
learn more about how the map was created

Affordable Housing

The Bronx’s Lambert Houses may be replaced with 1,665 affordable housing units

Google Earth view of the current Lambert Houses

September 21, 2016

The Bronx’s Lambert Houses may be replaced with 1,665 affordable housing units

When it comes to the Mayor's affordable housing push, the Bronx is a force to be reckoned with. Not only were more than 43 percent of these units constructed in the first half of the year in the borough, but the City Council recently approved the La Central development, which will bring nearly 1,000 affordable units to Melrose under de Blasio’s mandatory inclusionary housing legislation. Though not part of MIH, another new project may one-up this, ushering in a whopping 1,665 affordable apartments on the site of the Bronx Zoo-bordering Lambert Houses. As CityRealty.com explains, "If proposals are approved, the new mega-development will feature more than double the affordable housing units and triple the existing retail space, create a new public school, and better integrate the community into the surrounding neighborhood."
Find out more

Affordable Housing

UES residents not happy about plan to turn their playground into high-end housing

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

September 19, 2016

UES residents not happy about plan to turn their playground into high-end housing

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.
READ MORE

Popular Articles

City Council approves La Central development, bringing nearly 1,000 affordable units to the Bronx

September 15, 2016

City Council approves La Central development, bringing nearly 1,000 affordable units to the Bronx

By Michelle Cohen

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.
Find out more and see more renderings

Apply for four affordable Bushwick apartments, starting at $856/month

September 13, 2016

Apply for four affordable Bushwick apartments, starting at $856/month

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

Waitlist re-opens for affordable rentals in Kips Bay mid-rise, units from $952/month

September 12, 2016

Waitlist re-opens for affordable rentals in Kips Bay mid-rise, units from $952/month

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

Apply today for six units in prime Astoria, starting from $1,158/month

September 12, 2016

Apply today for six units in prime Astoria, starting from $1,158/month

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

Live in ODA’s stacked Long Island City rental for $850/month, lottery opens for 35 units

September 8, 2016

Live in ODA’s stacked Long Island City rental for $850/month, lottery opens for 35 units

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

Live in SOM’s new Hudson Yards project for $913/month, lottery launching for 169 units

September 2, 2016

Live in SOM’s new Hudson Yards project for $913/month, lottery launching for 169 units

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

August 30, 2016

Apply for 116 brand new apartments at an amenity-loaded UWS tower, units from $833

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

Housing lotto kicks off today for 27 Bed-Stuy/Ocean Hill apartments, from $834/month

August 23, 2016

Housing lotto kicks off today for 27 Bed-Stuy/Ocean Hill apartments, from $834/month

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

Cuomo wants to revive 421-a program with wage subsidies

August 18, 2016

Cuomo wants to revive 421-a program with wage subsidies

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

City Says Yes to Bronx Complex, No to Flatiron Site for Affordable Housing Plan

August 16, 2016

City Says Yes to Bronx Complex, No to Flatiron Site for Affordable Housing Plan

By Michelle Cohen

The New York City Planning Commission has voted to approve a boutique condominium project on Manhattan's west side without the mayor's new Mandatory Inclusionary Housing plan in place, the New York Times reports; a much larger development in the Bronx also got the green light, and will be among the first to be included in the new affordable housing program. 6sqft reported previously on the controversy over whether a 17-story condominium slated to replace a parking lot and two low rise buildings at 6th Avenue at West 18th should be among the first recipients of the mayor’s new mandatory inclusionary housing (M.I.H.) program. Both the city and the project's developers, Acuity Capital Partners, made the argument that the proposed project is “more of a rejiggering of the zoning than an enlargement,” and therefore does not fall under the M.I.H. rules.
Find out more

Live on the High Line for $596/Month, Lottery Launching for 75 Units at New West Chelsea Tower

August 15, 2016

Live on the High Line for $596/Month, Lottery Launching for 75 Units at New West Chelsea Tower

As 6sqft reported last summer, "To provide a gradual transition from mid-rise West Chelsea to the enormous skyscrapers planned for the Far West Side, the Bloomberg administration in 2005 allowed more generous zoning between West 28th and 30th Streets along Tenth and Eleventh avenues." One of the projects that took advantage of this upzoning was what's now being called Maestro West Chelsea, a 35-story, 220-unit, mixed-use tower at 323 Tenth Avenue (the tallest in the neighborhood) and its two adjoining 13-story buildings at 507 West 28th Street, which are providing an additional 155 units. The two portions are on either ends of the High Line and were designed by Avinash K. Malhotra Architects. Starting tomorrow, qualifying New Yorkers earning 40 or 50 percent of the area media income have the chance to apply for 75 affordable units in the buildings. They range from $596/month studios to $979/month two-bedrooms, and amenities include an attended lobby, recreation room, roof deck, fitness center, and parking (not to mention a much-sought-after location on one of the city's biggest outdoor attractions).
Find out if you qualify here

Affordable Housing

Live in Riverdale’s Historic Fieldston Neighborhood For Just $1,230 a Month

August 12, 2016

Live in Riverdale’s Historic Fieldston Neighborhood For Just $1,230 a Month

While the Bronx has been busting at the seams with affordable housing lotteries, most of them have been clustered in the southern areas of the borough. The latest, however, takes us up to the historic Fieldston neighborhood of Riverdale, considered one of the city’s best preserved early 20th century suburbs. These nine available units, $1,230/month one-bedrooms and $1,403/month two-bedrooms, may not be located in one of the area's signature revival style homes, but they are in a brand new building at 6155 Broadway, right on Van Cortlandt Park and steps away from the prestigious Horace Mann school.
See more interiors and find out if you qualify

Affordable Housing

Live in SHoP’s American Copper Buildings for $833/Month, Lottery Launching for 160 Affordable Units

August 11, 2016

Live in SHoP’s American Copper Buildings for $833/Month, Lottery Launching for 160 Affordable Units

One of the flashiest new residential projects on the horizon is the American Copper Buildings, the SHoP Architects-designed dancing towers along the East River that have become best known for their three-story, amenity-filled skybridge, the highest such structure in the city at 300 feet above street level. As 6sqft previously reported, when completed early next year, the shimmering buildings will offer 761 rental units, 20 percent of which will be earmarked for low-income households. This latter group of 160 apartments has now officially come online through the city's affordable housing lottery, ranging from $833/month studios to $1,247/month three-bedrooms.
Find out if you qualify here

135 Units of Affordable Housing Planned for the Coney Island Boardwalk

August 11, 2016

135 Units of Affordable Housing Planned for the Coney Island Boardwalk

In 2009, former Mayor Bloomberg rezoned the Coney Island waterfront to accommodate new residential and commercial development. While the city has moved ahead to build more amusement park rides at this popular summer destination, there hasn't been an explosion of new residential development since the rezoning. But plans are moving ahead for a nine-story building designed to hold 135 affordable and supportive housing apartments right along the boardwalk. In April, developers Georgica Green Ventures and Concern for Independent Living filed plans for the new building at 2002 Surf Avenue, reports CityRealty.com. Called Surf Vets Plaza, the building will totally transform the corner of West 21st Street and Surf Avenue, which is now a 170,000-square-foot vacant lot.
Read more about the development plans

Six Affordable Units Up For Grabs Near the Bronx Zoo, Starting at $956/Month

August 10, 2016

Six Affordable Units Up For Grabs Near the Bronx Zoo, Starting at $956/Month

The Bronx is booming when it comes to affordable housing. In fact, as 6sqft recently reported, more than 43 percent of the units under Mayor de Blasio's affordable housing plan that began construction this year were in the borough. The latest is located at 12907 Southern Boulevard in the East Tremont neighborhood, just a short walk to the Bronx Zoo. Starting tomorrow, qualified New Yorkers can apply for three $956/month one-bedrooms and three $1,080 two-bedrooms. Developed through the city's 421-a program, the eight-story building has an elevator, laundry room, and bicycle parking.
READ MORE

Affordable Housing

48
49
50
51
52