hotel conversion

affordable housing, housing lotteries, Upper West Side 

Rendering courtesy of the NYC Department of Housing Preservation and Development

A building that once operated as an illegal hotel and has been converted into affordable housing for seniors opened a lottery on Friday for 53 apartments. Located at 117 West 79th Street, Park 79 Apartments is a 100 percent affordable housing development with 77 rent-stabilized studio apartments for seniors earning at or below 50 percent of the area median income (AMI), including 24 homes for formerly homeless New Yorkers. Residents, who must be aged 62 years or older to qualify, will pay only 30 percent of their income in rent.

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affordable housing, Hotels, Policy, Upper West Side 

Streetview of 258 West 97th Street © 2022 Google

As part of a larger plan to create much-needed affordable housing, Mayor Eric Adams has expressed his support for converting hotels to residential units. In the first such attempt by his administration, Adams announced on Monday plans to convert what had been an illegal hotel at 258 West 97th Street on the Upper West Side into 80 new units of housing primarily for formerly homeless and low-income New Yorkers.

More on illegal hotels and new housing

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