L&M Development

affordable housing, Greenpoint, housing lotteries, New Developments, Rentals

33 Eagle Street, Greenpoint Landing, affordable housing lottery, NYC affordable housing

Greenpoint Landing‘s third affordable housing building has kicked off its lottery process. The ground-up seven-story building at 33 Eagle Street will provide 97 newly constructed rental apartments priced well below market-rate rents. The 24 studios will be priced from $494 to $1,463 per month for annual household earnings ranging from $18,275 to $78,650. Its 29 one-bedrooms, designated for either one or two-person households, have rents ranging from $532 to $1,840 for household incomes from $19,612 to $78,650. And lastly, the building’s 49 two-bedrooms are priced between $647 and $2,216, based on household sizes ranging from two to four persons with income ranges from $23,589 to $112,190 per year.

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affordable housing, Harlem, housing lotteries, New Developments, Rentals

260 West 153rd Street, L&M Development, Harlem development, NYC affordable housing

The latest in a rush of housing lottery kick offs is happening on Thursday at 260 West 153rd Street in Central Harlem, according to the NYC HDC. The brand new building is courtesy of affordable housing gurus L&M Development (who are also behind 149 Kent Avenue in Williamsburg, where a lottery is launching tomorrow). Of its 51 apartments, 34 are set aside for low-income residents earning between $23,349 and $43,150 annually. Rents will range from $641/month studios to $836/month two bedrooms.

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affordable housing, housing lotteries, Williamsburg

149 Kent Avenue, Williamsburg development, NYC affordable housing, L&M Development, GF55 Partners, NYC affordable housing

Williamsburg became unaffordable a long time ago, but if you’re still looking to get in on the trendy Brooklyn action, this may be your chance. According to the NYC HDC, the affordable housing lottery for 149 Kent Avenue will launch on Wednesday, giving those who meet the income requirements a shot at 33 brand-new apartments ranging from $563/month studios to $926/month two-bedroom units. And they’re just two blocks away from East River State Park (aka the home to Brooklyn Flea and Smorgasburg).

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