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affordable housing, Chelsea, housing lotteries

Rendering courtesy of the NYC Department of Housing Preservation and Development

Applications are now being accepted for 144 mixed-income apartments at the currently-under-construction development known as Ruby at 241 West 28th Street in Chelsea. Upon completion later this year, the 25-story mixed-use building will have 480 rental apartments, 8,500 square feet of ground-floor retail, landscaped gardens, and an impressive menu of amenities including rooftop pools, terraces, and lounges. The affordable units are available to New Yorkers earning between 70 and 130 percent of the area median income, or between $48,138 for a single person and $130,046 for a five-person household. Apartments range from $1,329/month for studios to $3,793 for two bedrooms.

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