affordable housing, Financial District, housing lotteries

The Financial District‘s new 23-story luxury rental tower Exhibit offers what’s becoming the usual package of high-end amenities–a wrap-around roof deck, lounge, and fitness studio complete with a yoga room and Pelaton indoor cycles–but what sets the project apart is that it’s considered the city’s “first curated rental residence.” The building at 60 Fulton Street has on display a collection of more than 100 pieces of art, from works by a 5 Pointz graffiti legend to massive photography, which they consider “a dynamic celebration of the downtown art, music, culture, and style that made New York City the capital of the world.” Whether or not you buy into the hype, you might have a chance to live in this hip building for a lot less. The lottery is currently open for 30 affordable units ranging from $613/month studios to $2,733/month two-bedrooms, reserved for households earning 40, 60, or 130 percent of the area median income.

Find out if you qualify


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