Waitlist re-opens for affordable rentals in Kips Bay mid-rise, units from $952/month

Posted On Mon, September 12, 2016 By

Posted On Mon, September 12, 2016 By In affordable housing, housing lotteries

NYC’s Housing Connect has announced today that it will re-open its waiting list for Henry Phipps Plaza South, an affordable residence located at 330 East 26th Street in the heart of Kips Bay. The 14-story post-war building boasts a total of 407 units and was developed under the Federal housing financing program. As such, 290 of the units have been reserved for New Yorkers earning less than 50 percent of the area median income, and residents of this building will pay no more than 30 percent of their adjusted income on rent.

phipps south

Qualifying residents can apply to be waitlisted for studios, one-, two-, three- and four-bedroom units priced between $952 and $1,576 (Currently rents average about $3,823/month, or $67/square foot, in the Kips Bay/Murray Hill area). Amenities in the building are quite limited, but a location two blocks from the waterfront and a short 10-minute walk to Madison Square Park make up for any lack of frills.

Applications for this lotto can be downloaded from the Phipps site here, or requested by mail by sending a POSTCARD to: Henry Phipps Plaza South, 902 Broadway, 13th FL, NY, NY 10010. Applicants selected via the lottery will be called in for an interview based on the availability of future units.

All documents must be returned by regular mail (no priority, certified, registered, etc.) to the post office box number listed on the application. The last day to apply is October 11, 2016 and all envelopes must be postmarked by this date for consideration.

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.

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

RELATED:

Tags : ,

Neighborhoods : kips bay

MOST RECENT ARTICLES

  • Department of Health says it’s okay to eat Gowanus Canal fish in moderation and kayak in the water

    Department of Health says it’s okay to eat Gowanus Canal fish in moderation and kayak in the water

    The real estate community has been looking closely at Gowanus as of late thanks to rezoning plans that will likely ...
  • Ding uses your smartphone to revolutionize the doorbell

    Ding uses your smartphone to revolutionize the doorbell

    While smart home technology includes everything from turning on the heat to monitoring air quality, the simple job of a doorbell ...
  • City transit workers reach deal with MTA over wage increases

    City transit workers reach deal with MTA over wage increases

    After the Transport Workers Union and the MTA failed to reach a deal on Sunday night, the contracts for 44,000 ...
  • Tour Trump’s childhood home before it goes to auction tonight; Ambassador Grill interiors landmarked

    Tour Trump’s childhood home before it goes to auction tonight; Ambassador Grill interiors landmarked

    Seven places to go in NYC to hibernate from Inauguration Day. [Untapped] Donald Trump’s childhood home in Jamaica Estates, Queens is ...
  • UWS one bedroom asking $3,950/month is loaded with prewar charm

    UWS one bedroom asking $3,950/month is loaded with prewar charm

    In this Upper West Side cooperative at 245 West 74th Street, you can rent an apartment that embodies all that ...
  • CNN’s Don Lemon sells Harlem condo for small profit

    CNN’s Don Lemon sells Harlem condo for small profit

    Emmy Award-winning CNN news anchor Don Lemon picked up a somewhat modest condo a little over two years ago in Harlem‘s 2280FDB ...
  • A look back at the lost Grand Centrals of the late 19th century

    A look back at the lost Grand Centrals of the late 19th century

    Grand Central Station in the early 1900s Historic photos of the original Penn Station are almost as common as images ...
  • 128 tall buildings were constructed in 2016, a world record

    128 tall buildings were constructed in 2016, a world record

    Click here to enlarge infographic We’ve just been looking at the amazing growth of the skyscraper in its early years, ...
  • Trump to name New York developers Richard LeFrak and Steven Roth to oversee new infrastructure council

    Trump to name New York developers Richard LeFrak and Steven Roth to oversee new infrastructure council

    President-elect Donald Trump has previously outlined his $1 trillion infrastructure plan not just as a means to repair and build ...
  • $8.8M 20-room limestone Park Slope mansion was built in 1905 for a furniture tycoon

    $8.8M 20-room limestone Park Slope mansion was built in 1905 for a furniture tycoon

    Even in the land of many mansions otherwise known as north Park Slope, 106 Eighth Avenue is, as the listing ...
  • Helen Hayes’ former Nyack home asks $719K

    Helen Hayes’ former Nyack home asks $719K

    Helen Hayes‘ acting career spanned nearly 80 years, earning her the nickname “First Lady of American Theatre” and garnering her distinctions ...
  • TBD Architecture designs Tetris-like artist studios for an Upstate couple

    TBD Architecture designs Tetris-like artist studios for an Upstate couple

    TBD Architecture + Design Studio took on the challenge of designing two conjoined artist studios for a couple on the same property ...

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.