Hunters Point South Commons
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Hunters Point South Commons

1-50 50th Avenue
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August 19, 2019

Waitlist reopens for ‘moderate-income’ rentals in Long Island City, with units up to $5,183/month

Applications are currently being accepted to replenish the waitlist for moderate-income apartments at two Long Island City buildings. Located across from the newly opened Hunter's Point South Park, the towers at 1-50 50th Avenue and 1-55 Borden Avenue were developed in 2013 as part of the neighborhood's waterfront redevelopment, with a majority of the apartments set aside low- and middle-income households. But apartments available through the current waitlist are for households earning between $104,538 and $278,300 annually with units ranging from a $2,992/month one-bedroom to a $5,183/month three-bedroom. In 2017, the median household income in Queens was just over $64,500 per year.
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