Waitlist opens for middle-income apartments at downtown’s historic Front Street

Posted On Mon, March 6, 2017 By

Posted On Mon, March 6, 2017 By In affordable housing, housing lotteries, South Street Seaport

In 2005, the Durst Organization and COOKFOX Architects completed a restoration of 11 landmarked rowhouses along the historic, cobblestoned Front Street in the South Street Seaport, preserving the nearly 200-year-old structures. In addition, they constructed three new buildings on the block between Beekman Street and Peck Slip to offer a total of 13 street-level retail spaces and 95 residential units above. The New York State Housing Finance Agency provided more than $46 million in funding for the project, and as such stipulated that five percent of the apartments be reserved as below-market rate. Back in 2012, a waitlist opened for these units, and as of today, the next waitlist is accepting applications. The middle-income homes are available to those earning no more than 150 percent of the area median income and range from $2,268/month studios to $2,913/month two-bedrooms.

According to the posting, “Only the first 500 requests for an application will be honored.” Complete details on how to apply are available here (pdf). Questions regarding this offer must be referred to New York State’s Homes and Community Renewal agency by calling 1-866-ASK-DHCR.

Use 6sqft’s map below to find even more ongoing housing lotteries.

If you don’t qualify for the housing lotteries mentioned, visit CityRealty.com’s no-fee rentals page for other apartment deals in the city.

 

 

Tags :

Neighborhoods : South Street Seaport

MOST RECENT ARTICLES

  • Park Slope co-op with custom bookshelves reaching 18 feet asks $1.65M

    Park Slope co-op with custom bookshelves reaching 18 feet asks $1.65M

    A renovation for this Park Slope co-op left it in lovely condition. The lofty floorplan–which boasts 18-foot ceilings–was taken full ...
  • Weekly highlights: Top picks from the 6sqft staff

    Weekly highlights: Top picks from the 6sqft staff

    Swale floating park returns this spring with a new look Kushner Cos. vision for 666 Fifth Avenue has Zaha Hadid ...
  • Stackable furniture line from Debra Folz Design makes storage stylish

    Stackable furniture line from Debra Folz Design makes storage stylish

    There are all types of stackable furniture out there, and while many of them function perfectly well, they’re not always ...
  • This $4M Riverdale mansion, known as the Esmeralda, was built in 1899 and still impresses today

    This $4M Riverdale mansion, known as the Esmeralda, was built in 1899 and still impresses today

    The historic mansions of Riverdale never fail to impress, and this gem is no exception. Built in 1899 and known ...
  • Renzo Piano’s 565 Broome Street on the rise; the world of Hamilton at Green-Wood Cemetery

    Renzo Piano’s 565 Broome Street on the rise; the world of Hamilton at Green-Wood Cemetery

    After launching sales in September, Renzo Piano’s two-towered 565 Broome Street is finally on the rise. [CityRealty] The quest to ...
  • FREE RENT: This week’s roundup of NYC’s rental concessions

    FREE RENT: This week’s roundup of NYC’s rental concessions

    Upper West Side Beaux Arts Beauty ‘The Willard’ Offering Two Months Free, 1-Bedrooms From $2,996/Month [link] Live at LIC’s Hayden: ...
  • 432 Park would have generated $30M for affordable housing with de Blasio’s mansion tax

    432 Park would have generated $30M for affordable housing with de Blasio’s mansion tax

    Outside of 432 Park Avenue, Mayor de Blasio held a press conference on Thursday to discuss his mansion tax. The ...
  • City reveals garment district rezoning plans, citing incentives to move makers to Sunset Park

    City reveals garment district rezoning plans, citing incentives to move makers to Sunset Park

    At a Manhattan community board meeting Wednesday evening, city officials told garment industry representatives of plans to remove Midtown‘s manufacturing ...
  • The Urban Lens: Behind the counter and into the caves at Murray’s Cheese

    The Urban Lens: Behind the counter and into the caves at Murray’s Cheese

    6sqft’s ongoing series The Urban Lens invites photographers to share work exploring a theme or a place within New York City. ...
  • New renderings revealed for NYCHA’s raised earth Red Hook Houses by KPF

    New renderings revealed for NYCHA’s raised earth Red Hook Houses by KPF

    When Superstorm Sandy hit the community of Red Hook, thousands of residents were left without power and basic necessities for ...
  • Judge once again stops work at Pier 55 over environmental concerns

    Judge once again stops work at Pier 55 over environmental concerns

    If you thought the roller coaster that is Pier 55 was over since construction began in November, you may not want ...
  • Amtrak will provide additional weekend service between Boston and New York

    Amtrak will provide additional weekend service between Boston and New York

    Amtrak will soon offer more weekend service options between Boston and New York, the railroad company announced Thursday. Those who ...

SIGN UP FOR OUR NEWSLETTERS

Thank you, your sign-up request was successful!
This email address is already subscribed, thank you!
Please provide a valid email address.
Please complete the CAPTCHA.
Oops. Something went wrong. Please try again later.