824 East New York Avenue

affordable housing, Flatbush, housing lotteries

Photo via CityRealty

The next culprit in a long list of the city’s non-affordable “affordable” housing lotteries is an opportunity for “middle-income” New Yorkers to apply for 28 units at East Flatbush’s new rental Ensemble. It’s available to New Yorkers earning 130 percent of the median income,¬†which begs the question: Is a single person earning $95,000 a year really in need of subsidized housing? But the most questionable part of this lottery is that it’s offering “six months free rent on the last six months of one and two-year leases.” Rental concessions like this are typically reserved for market-rate buildings that are having trouble leasing or need to attract tenants in a slow market. But since these affordable rents are minimally lower than the market-rate, maybe it’s operating as such.

Is $2,600/month affordable?

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