Wainbridge Capital

affordable housing, Astoria, housing lotteries, Queens

Rendering courtesy of the NYC Department of Housing Preservation and Development

A housing lottery opened this week for 36 middle-income units at a new residential development in Queens. Developed by Cape Advisors and designed by Fogarty Finger, Astoria West at 30-77 Vernon Boulevard consists of three buildings across 2.5 acres along the waterfront. New Yorkers earning 130 percent of the area median income, or between $77,143 for a single person to $167,570 for a household of five, are eligible to apply for the apartments, which range from $2,250/month one-bedrooms to $2,950/month two-bedrooms.

Find out if you qualify

Architecture, Astoria, New Developments, Rentals

30-77 vernon boulevard, astoria, new developments, Cape Advisors, Wainbridge Capital, Fogarty Finger

30-77 Vernon Boulevard. Renderings by Pax Brooklyn, courtesy of Fogarty Finger

A sprawling new residential development at 30-77 Vernon Boulevard from Cape Advisors and Wainbridge Capital will bring over 500 rental apartments to the Astoria waterfront area (h/t Yimby). The 522,000-square-foot construction site on two-and-a-half acres of land will be comprised of three adjacent buildings designed by Fogarty Finger. New renderings show a white and gray façade with rooftop recreation areas; amenity spaces will include a private courtyard, indoor and outdoor lounges, a fitness center and a rooftop pool East River and Manhattan skyline views.

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