Affordable Housing

March 1, 2016

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

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

Affordable Housing

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 Ondel Hylton and Dana Schulz

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

Affordable Housing

February 29, 2016

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

By Ondel Hylton

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

February 25, 2016

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

By Dana Schulz

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

Affordable Housing

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 Michelle Cohen

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 Dana Schulz

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

Affordable Housing

February 12, 2016

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

By Dana Schulz

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

February 9, 2016

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

By Ondel Hylton

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

February 9, 2016

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

By Dana Schulz

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

February 8, 2016

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

By Dana Schulz

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

Affordable Housing

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

By Ondel Hylton

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

February 5, 2016

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

By Emrys Fitzgerald

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 Ondel Hylton

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

February 2, 2016

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

By Ondel Hylton

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

January 29, 2016

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

By Ondel Hylton

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

Image via Jason Farrar

January 29, 2016

Developers Rushed to Get Nearly 8,000 Permits Ahead of 421-a Tax Break Expiration

By Michelle Cohen

With the fate of the city's 421-a tax abatement remaining uncertain, developers scurried to obtain permits before the year's end, resulting in a number of permits granted in December that was more than four times the number issued the previous month, reports the Wall Street Journal. According to new U.S. Census figures, permits for 299 projects containing 7,781 residential housing units were granted during the month of December, indicating that as New York City’s most lucrative property-tax abatement approached its last hours, architects and developers rushed to get building permits and begin construction.
Find out more

January 28, 2016

Affordable Housing Lottery Launched for Lincoln Center Tower, Units Start at $566/Month

By Ondel Hylton

Glenwood Management has just launched their affordable housing lottery for 52 below-market rate apartments within their soon-to-debut rental tower at 175 West 60th Street. Situated within the Lincoln Center area of the Upper West Side, 20 percent of the building's 257 units will be set aside for low-income residents and will range from $566/month studios to $931/month two-bedroom units.
Find out if you qualify

January 25, 2016

Affordable Housing Lottery Starts Today for Nine New Units in Prime Harlem, From $802/Month

By Dana Schulz

The affordable housing lottery for 2049 5th Avenue in central Harlem opens today, and the nine brand new units range from $802/month studios to $2,175/month two-bedrooms, according to the NYC HPD. The address, located just north of 126th Street, was mired in controversy a few years back when tenants sued owners West Harlem Group Assistance for injuries sustained in what they called a crumbling, unkempt building. At the time, the local nonprofit owned about 45 buildings, but 2049 5th Avenue was cited as the worst, with claims of leaky ceilings, no heat, collapsing walls, and broken pipes. In December, 2014, the building finally underwent a gut renovation, which includes these affordable apartments.
Find out if you qualify for the new units

Affordable Housing

Staten Island’s Abandoned Farm Colony to Undergo $91M Development for Senior Housing

Rendering via Nancy Owens Studio

January 20, 2016

Staten Island’s Abandoned Farm Colony to Undergo $91M Development for Senior Housing

By Dana Schulz

Over a year ago, 6sqft shared the news that Staten Island's abandoned farm colony was set to undergo a massive rehabilitation that included a large senior housing building and a massive public park. And just yesterday, the City Council approved the New York City Economic Development Corporation's plan to sell 45 of the site's 96 acres to Staten Island developer Raymond Masucci for $1, according to the Times. Mr. Masucci will pour $91 million into the project, dubbed Landmark Colony, rehabilitating five crumbling Dutch Revival-style structures, tearing down five more but saving their stones for reuse, preserving a 112-year-old dormitory "as a stabilized ruin," constructing 344 condominiums for the 55 and older crowd, and designing 17 acres of public outdoor space.
More on the project and the history of the site

January 20, 2016

POLL: Do Lower Income Residents of Extell’s ‘Poor Door’ Building Have a Right to Complain?

By Dana Schulz

Lower income residents of Extell’s notorious “poor door” building at 50 Riverside Boulevard are not happy with what they’re considering glaring disparities between those like themselves who live in the affordable units and those in the luxury section of the building. Aside from having to use a separate entrance, the lower income tenants don’t have […]

Lower Income Residents of Extell’s ‘Poor Door’ Building Find Glaring Disparities

Image via One Riverside Park

January 18, 2016

Lower Income Residents of Extell’s ‘Poor Door’ Building Find Glaring Disparities

By Michelle Cohen

After receiving 88,000 applications for 55 affordable apartments last February, the residents chosen from among them have been moving in to the rental side of the 33-story luxury building at Extell Development's 50 Riverside Boulevard in Lincoln Square. The lower-income/luxury split sparked the heated “poor door” controversy due to the significant amenity differences and efforts to physically separate the two parts of the building (the rental, low-income portion of the building actually has a separate address of 40 Riverside Boulevard). Now, according to the Post, low-income tenants have been discovering that the differences are indeed notable.
A lavish lobby and a forbidden courtyard

January 14, 2016

Two-Bedroom East Village Co-op Asks Just $695,000, but There’s a Catch

By Emily Nonko

In normal circumstances, it would be easy-as-pie to find a buyer for this East Village co-op, located in the five-story building at 268 East 4th Street. The apartment isn't fancy, but it has two bedrooms and 700 square feet. The ask comes in at a very reasonable $695,000, and that's topped with a very reasonable monthly maintenance of $575. But like all things that sound too good to be true in New York City real estate, there's a catch, and it's not even that this is a fourth-floor walkup. The unit comes from an HDFC regulated cooperative, which means that a buyer must meet certain income guidelines to own it.
More details on the cap

January 8, 2016

Could These Twin Glassy Towers Be Coming to the Greenpoint Waterfront?

By Ondel Hylton

Momentum is building along the Williamsburg-Greenpoint waterfront. Since the Bloomberg administration's sweeping 2003 rezoning of the two-mile stretch of East River shoreline, nearly every buildable river-facing plot has been accounted for by developers. More than a dozen master plans are in the works, dominated by residential uses that scale upward to 50 stories and 600-foot heights. One remaining mystery lot is a block-long parcel in Greenpoint currently holding a two-story warehouse at 161-167 West Street (aka 53 Huron Street). The 65,000-square-foot site lies near the India Street ferry stop and is sandwiched between three development sites: Park Tower Group's ten-tower Greenpoint Landing master plan and Mack Real Estate Group/Palin Enterprises' 10 Huron Street (155 West Street), and The Gibraltar at 160 West Street.
More details ahead

January 8, 2016

Man Overcharged by Landlord for 16 Years Awarded $900K and a $784/Month Apartment

By Diane Pham

Score one for the little guy! After having his rent-stabilized apartment illegally deregulated and his rent jacked up to more than five times what it should have been, an appellate court has awarded Upper West Side man Lane Altschuler $900,000 in damages, and they've re-stabilized his 1,500-square-foot pad to just $784 a month. According to the Daily News, Altschuler moved into the three-bedroom, two-bath unit at 478 Central Park West back in 2000, but his landlord, Mann Realty, illegally began raising the rent shortly after he got settled. The figure eventually ballooned to $3,750 a month in 2009, right after the building was converted into luxury condos.
more on what happened here

Affordable Housing

January 7, 2016

Housing Lottery for Two $918/Month Apartments Across From MoMA PS1 in LIC Starts Today

By Dana Schulz

The affordable housing lottery for 21-03 46th Avenue in Long Island City officially opens today, and the brand new one-bedroom luxury units will be a mere $918, according to the NYC HPD. Apartments have private terraces, ten-foot ceilings, Brazilian cherry floors, chef's kitchens with stainless steel appliances, and in-unit washers/dryers. Plus, the address is right across from MoMA PS1 and just a block away from the E, M, 7 and G subways. The catch? The building only has eight units and only two of these are deemed affordable.
Feeling lucky? Find out if you qualify.

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