Mitchell-Lama

$1.8M restored Marcel Breuer house on the Hudson has kept its mid-century modern spirit intact

Vornado reveals new renderings for 62-story office tower at 350 Park Avenue

NYC reveals design for esplanade and new 107th Street pier in East Harlem

March 14, 2022

750 spots open on waitlist for Mitchell-Lama Lower East Side co-ops, for sale from $19,677

By Michelle Cohen

Applications are currently being accepted for newly-opened waitlist spots for studios and two-bedroom middle-income units at the Gouverneur Gardens co-op at 305 Madison Street. New Yorkers earning 125 percent of the area median income can apply to purchase apartments in the post-war development on Manhattan's Lower East Side, priced from $19,677 for a studio to $35,418.60 for a two-bedroom.
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Affordable Housing

Hochul says 190 homes at Inwood Tower will remain affordable for next 30 years

Image courtesy of Gov. Kathy Hochul’s Office

February 25, 2022

Hochul says 190 homes at Inwood Tower will remain affordable for next 30 years

By Aaron Ginsburg

Gov. Kathy Hochul on Thursday announced an agreement with New York State Homes and Community Renewal (NYHCR) to preserve affordability for 30 years for 190 households at Inwood Tower, a Mitchell-Lama cooperative development in Washington Heights. By terms of the agreement, NYHCR will grant the co-op a $7.6 million subsidy loan that the development will use for essential repairs. With this grant, the state has ensured that more than 22,000 Mitchell-Lama apartments remain affordable for low and moderate-income New Yorkers as part of its five-year housing plan.
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Affordable Housing

City overhauls Mitchell-Lama middle income housing program with increased oversight

Photo via Flickr cc

June 27, 2019

City overhauls Mitchell-Lama middle income housing program with increased oversight

By Michelle Cohen

Citing bribery, fraud and other abuses and years-long waiting lists, New York City’s Department of Housing Preservation and Development has restructured the Mitchell-Lama program, one of the New York City's oldest middle-income housing initiatives, the Wall Street Journal reports. Included in the restructuring effort will be the integration of the program's application process into Housing Connect, the city's existing affordable housing lottery, within the next year.
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Affordable housing wait list opens for Mitchell-Lama apartments in Harlem, from $741/month

Google Street View of Bethune Towers

March 19, 2019

Affordable housing wait list opens for Mitchell-Lama apartments in Harlem, from $741/month

By Michelle Cohen

A lottery for waiting list spots for Mitchell-Lama rental apartments in Bethune Towers at 650 Lenox Avenue is about to open for New York state residents. Rents range from $741 for a studio to $1,215 for a one-bedroom unit. Preference will be given to documented veterans who are selected in the lottery. The deadline to apply for all is April 2, 2019. Some apartments in the building have balconies and views of the Harlem River and the 145th Street Bridge, and the 3 subway is only a few blocks away.
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Affordable Housing

Affordable housing wait list opens at the iconic Manhattan Plaza Mitchell-Lama apartments

Manhattan Plaza (photo via LIHC Investment Group)

January 14, 2019

Affordable housing wait list opens at the iconic Manhattan Plaza Mitchell-Lama apartments

By Michelle Cohen

A lottery to snag a waiting list spot for Mitchell-Lama rental apartments in Manhattan Plaza at 400 West 43rd Street–where, according to the Hollywood Reporter, Alicia Keys was born and Samuel L. Jackson was the first security guard–has just opened (h/t CityRealty). Senior citizens and residents of all ages in Community Board 4 are eligible to apply for studio to one-bedroom apartments. Rents aren't listed, but you can expect a significant discount from the neighborhood median of $3,000/month for studios and $3,600/month for one-bedrooms. There are four lists (community studio list, community studio elderly list, community one-bedroom list, community elderly one-bedroom list) with 500 spots available on each. The deadline to apply for all is January 31, 2019.
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Affordable Housing

Aerial view of Roosevelt Island. Image: Schizoform via Flickr.

August 13, 2018

Cuomo announces deal to keep 360 Roosevelt Island apartments affordable for 30 more years

By Michelle Cohen

Gov. Andrew Cuomo announced Sunday that an agreement had been reached to keep over 360 Roosevelt Island apartments in the Westview housing development, currently in the Mitchell-Lama rental program, affordable for 30 more years. Without the agreement, the Westview's owner could have removed the building from the middle-class housing program and converted all of the apartments to market rate immediately. Instead, Westview will be able to exit from the Mitchell-Lama program but tenants will be offered first-time ownership opportunities at deeply affordable and below-market prices. Simultaneously, long-term affordability protections will be provided for tenants who continue to rent.
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