Affordable Housing

September 21, 2018

Lottery launches for 200+ affordable units in East New York, from $395/month

A lottery is set to launch on Saturday for 240 affordable apartments in Brooklyn's East New York neighborhood. The units are spread across a brand new mixed-use development, the Livonia Apartments, located at 453 Hinsdale Street, 500 Livonia Avenue, and 487 Livonia Avenue. Designed by Magnusson Architecture and Planning (MAP), the four-building development sits adjacent to the L Train at Livonia Avenue. Qualifying New Yorkers earning 30, 40, 50 and 60 percent of the area median income can apply for the units, ranging from $395/month studios to $1,339/month three-bedrooms.
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Affordable Housing

New report shows increased spending to house homeless New Yorkers in shelters

Photo via Public Domain

September 20, 2018

New report shows increased spending to house homeless New Yorkers in shelters

By Michelle Cohen

According to a new city management report, during the 2017 fiscal year, the city spent an average of $99 a day to house single adults in facilities in New York City; in fiscal year 2018, that number grew to $117 a day, the Wall Street Journal reports. The cost of housing homeless families in shelters rose in fiscal year 2018 as well, with over 22,340 children living in shelters–an average of $192 a day compared to $171 in fiscal year 2017. It cost $147 each day to house adult families in fiscal year 2018 compared with $138 a day a year prior. According to the city's Department of Homeless Services, the bigger numbers are the result of an increased investment in services, repairs and security at shelters.
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Live in a new East Williamsburg building with roof deck and courtyard for $801/month

Rendering via JW Real Estate Services

September 19, 2018

Live in a new East Williamsburg building with roof deck and courtyard for $801/month

By Dana Schulz

If the Manhattan-fication of Williamsburg proper isn't quite your thing but you still want some of that artsy, gritty edge, consider heading a bit east. And if your household earns 60 percent of the area median income, or between $33,875 and $62,580 annually, you might want to apply for one of the 25 affordable units currently available at 125 Borinquen Place, a new 133-unit rental building with an impressive roster of amenities: a rooftop with hammocks, cabanas, dining, and outdoor movies; an indoor cinema room; a duplex fitness center; co-working areas; and a lovely landscaped courtyard. The units range from $801/month studios to $974/month two-bedrooms.
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Affordable Housing

Willets Point from Citi Field. Image: Wiki Commons.

September 18, 2018

Could affordable housing plans for Willets Point be scrapped for airport construction parking?

By Michelle Cohen

The city and developers have filed preliminary plans to pave a 6.5 acre stretch of city land for 665 parking spots, Crains reports. The economic development site within the industrial neighborhood of Willets Point, in Corona, Queens also known as the Iron Triangle was slated for a cleanup of its toxic soil and the creation of affordable and senior housing, plans which resulted in the demolition of a cluster of small businesses.
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Lottery opens for 95 affordable units in the Bronx’s Kingsbridge neighborhood, from $860/month

Kingsbridge Armory via Flickr cc

September 17, 2018

Lottery opens for 95 affordable units in the Bronx’s Kingsbridge neighborhood, from $860/month

By Dana Schulz

It's no wonder the city has spent the better part of the past decade trying to redevelop the former Kingsbridge Armory into the country’s largest ice skating complex--it's less than a block from the 4 train and three blocks from the D and B trains and a quick walk to the Fordham University campus. And for residents moving into the area, it's just a few blocks from the large Jerome Park, St. James Park, and Poe Park. With all this in mind, a new development has sprung up across from the Armory at 2700 Jerome Avenue. The 13-story, 134-unit building is a mix of affordable and supportive housing and retail, and as of today, New Yorkers who earn 60 or 90 percent of the median income can apply for 95 units that fall into the first category. The available apartments range from $860/month studios to $1,940/month three-bedrooms.
Find out if you qualify

Affordable Housing

Apply for three middle-income units in Brooklyn’s historic Weeksville

Weeksville’s historic Hunterfly Road Houses via Wiki Commons

September 17, 2018

Apply for three middle-income units in Brooklyn’s historic Weeksville

By Dana Schulz

After the state of New York State abolished slavery in 1827, the country's second-largest free black community was established in Brooklyn. Known as Weeksville, today the neighborhood falls a bit under the radar, surrounded by more sought-after neighborhoods like Crown Heights and Bed Stuy. But it's a charming little enclave, lined with many two-family homes and small brick rowhouses, that has done well to preserve its history. And just down the street from the Weeksville Heritage Center is a new 10-unit rental building at 1520 Prospect Place that just opened an affordable housing lottery for three $2,098/month one-bedrooms.
See the qualifications

Affordable Housing

September 14, 2018

Plans revealed to convert abandoned hospital in Greenpoint into affordable housing complex

By Devin Gannon

Shuttered since 1982, the Greenpoint Hospital will soon be home to a new mixed-use development with roughly 500 units of affordable housing, as well as a shelter for 200 homeless New Yorkers. The city's Department of Housing Preservation and Development announced on Thursday it will work with St. Nicks Alliance, Hudson Companies Incorporated, and Project Renewal on the project, with the design led by Magnusson Architecture and Planning (MAP) and Architecture Outfit. The 3.4-acre site, located at 288 Jackson Street, will include two newly constructed buildings and two rehabilitated historic buildings.
see the renderings

Affordable Housing

New Bronx affordable housing lottery tries to make ‘Mott Haven North’ a thing

Rendering of 764 East 152nd Street via UA Builders Group

September 14, 2018

New Bronx affordable housing lottery tries to make ‘Mott Haven North’ a thing

By Dana Schulz

We've seen it all over Manhattan and Brooklyn--brokers come up with bizarre acronyms and new directional cues to hip-ify (aka gentrify) a neighborhood. Most recently, they tried their hand at SoHa--South Harlem, which certainly didn't stick. And now the trend has spread to the Bronx, though this time it's the NYC Department of Housing Preservation and Development behind the new moniker. In their defense, "Mott Haven North," was probably chosen for the latest affordable housing lottery based on their 1994 Mott Haven North Urban Renewal plan, but with this South Bronx neighborhood rapidly gentrifying, it's a slippery slope. Regardless, there are eight $1,379/month one-bedrooms up for grabs at 764 East 152nd Street, which, according to maps, is in the Woodstock area.
More info ahead

Affordable Housing

Latest StuyTown affordable housing lottery opens, rents from $1,462/month

Via StuyTown Property Services

September 13, 2018

Latest StuyTown affordable housing lottery opens, rents from $1,462/month

By Devin Gannon

A lottery launched this week for newly available apartments at Stuyvesant Town and Peter Cooper Village in the East Village. New Yorkers earning 80 and 165 percent of the area median income (or between $43,860 and $268,620 annually) can apply for the available units, which range from $1,462/month studios to $5,508/month five-bedrooms. As Manhattan's largest rental community, StuyTown includes a 24-hour on-site property manager, laundry, a cafe, children's playroom, a fitness center and shared outdoor space across 80 acres.
Find out if you qualify

Affordable Housing

Public waterfront space to be part of massive Long Island City Innovation Center project

Image: TF Cornerstone

September 12, 2018

Public waterfront space to be part of massive Long Island City Innovation Center project

By Michelle Cohen

Developer TF Cornerstone has released new details about public open space slated to be part of the proposed project spanning over 1.5 million square feet at 44th Drive on city-owned land along the Long Island City waterfront, LICpost reports. Known as the Long Island City Innovation Center, the proposed massive city-led development, which will need zoning changes in order to move forward, includes office, retail, and manufacturing space and two high-rise residential towers with over 1,000 units, 25 percent of which would be affordable. The latest news concerns the acre of publicly accessible open space that is also part of the controversial development. According to TF Cornerstone, this open space will become a waterfront park with a focus on resiliency and sustainability.
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Apply for 41 middle-income units at Bushwick’s Rheingold Brewery site, from $1,432/month

By Devin Gannon

A lottery launched on Wednesday for 41 middle-income units at 115 Stanwix Street, a building which is part of the Rabsky Group's redevelopment of the Rheingold Brewery site in Bushwick. Designed by ND Architecture & Design, the eight-story development sits between Montieth Street and Flushing Avenue. Qualifying New Yorkers earning 80 and 130 percent of the area median income can apply for the units, which range from $1,432/month one-bedrooms to a $3,225 three-bedrooms.
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Affordable Housing

September 11, 2018

‘Affordable’ Greenpoint apartments renting for the same price as the market-rate units

By Dana Schulz

We've come to accept that many middle-income "affordable" housing lotteries are nothing more than a way for a building to cross-subsidize its "deeply affordable" units. Case in point, this new lottery that just launched at 216 Freeman Street in Greenpoint. Reserved for households earning 130 percent of the median income, one-bedrooms are $2,544/month and two-bedrooms $3,050. And while a market-rate one-bedroom is currently listed for the higher price $2,975, a two-bedroom is listed for the exact same price as the lottery unit.
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Affordable Housing

Three NYCHA developments on the Upper East Side ranked among the worst in the U.S.

Google Street View of the Holmes Towers

September 11, 2018

Three NYCHA developments on the Upper East Side ranked among the worst in the U.S.

By Devin Gannon

The federal government ranked three Upper East Side public housing buildings as some of the worst in the United States, the New York Post reported Monday. The Department of Housing and Urban Development (HUD) gave the Holmes Towers, the Isaacs Houses and Robbins Plaza just 25 points out of a maximum of 100 as a measure of quality following recent inspections. Out of the more than 3,800 scores counted by HUD last year, the three complexes tied for 13th worst in the country.
More here

Affordable Housing

Live in an amenity-rich building in Prospect-Lefferts Garden, from $1,775/month

Photo via Nookyln

September 10, 2018

Live in an amenity-rich building in Prospect-Lefferts Garden, from $1,775/month

By Devin Gannon

A brand new rental building in Prospect-Lefferts Gardens launched a lottery this week for five middle-income apartments. The 16-unit building located at 664-668 Rutland Road, between Albany and Troy Avenues, offers enviable amenities like on-site laundry, central air, a fitness center, roof access and a common courtyard. Qualifying New Yorkers earning 130 percent of the area median income can apply for the one $1,775/month one-bedroom and four $2,270/month two-bedroom apartments.
Find out if you qualify

Affordable Housing

Pier 6 and Brooklyn Bridge Park via MOSO Studio

September 10, 2018

Affordable housing lottery launches for 100 units at Brooklyn Bridge Park’s Pier 6

By Dana Schulz

Pier 6 and Brooklyn Bridge Park via MOSO Studio It's been just over a year since construction began at Brooklyn Bridge Park's two-towered Pier 6 development, and as of today, the affordable housing lottery has launched for 15 Bridge Park Drive, the 15-story tower (the other is 28 stories). The buildings are designed by ODA New York and have a slew of amenities, including a fitness facility, 4,000-square-foot landscaped roof terrace, and a children's playroom. 15 Bridge Park Drive has a total of 140 units; the 40 not included in the lottery are market-rate. The remaining 100 are reserved for households earning 80, 130, and 165 percent of the area median income and range from $1,394/month studios to $4,380/month three-bedrooms.
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Affordable Housing

The most expensive development site in the Bronx will be 30 percent affordable

A previous rendering of 101 Lincoln Avenue via Hill West Architects

September 7, 2018

The most expensive development site in the Bronx will be 30 percent affordable

By Devin Gannon

The most expensive transaction on record for a development in the Bronx officially closed Wednesday, after Brookfield Property Partners picked up the two sites for $165 million from Somerset Partners and Chetrit Group. Originally, Somerset and Chetrit planned for all of the development's 849 residential units to be market rate, and while Brookfield intends to keep the same number of apartments, they are designating 30 percent of them affordable, according to the Real Deal.
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13 middle-income apartments up for grabs across from Greenpoint’s Transmitter Park

Transmitter Park via Flickr cc

September 5, 2018

13 middle-income apartments up for grabs across from Greenpoint’s Transmitter Park

By Dana Schulz

It's been a year since leasing launched at Greenpoint's 42-unit, no-fee rental 44 Kent Street, and now 13 of those apartments are available through the city's affordable housing lottery to households earning 130 percent of the area median income. In addition to being located just across the street from Transmitter Park, the building offers a fitness center, rooftop terrace, business center, and parking. The middle-income units range from $2,023/month studios to $2,612/month two-bedrooms.
Find out if you qualify

Affordable Housing

Apply for three middle-income units right off the 7 train in prime Long Island City

Photo via Flickr cc

August 31, 2018

Apply for three middle-income units right off the 7 train in prime Long Island City

By Dana Schulz

Away from the hustle and bustle of Court Square, the area of Long Island City around the Vernon Boulevard-Jackson Avenue subway stop is the perfect combination of the neighborhood's industrial past and current, amenity-filled reincarnation. Near hip spots like the Alewife Taproom, Tuk Tuk Thai restaurant, and Fifth Hammer Brewing Company, a middle-income housing lottery has just opened for three units at 10-44 Jackson Avenue. Reserved for households earning 130 percent of the area median income, there is one $2,201/month studio and two $2,320/month one-bedrooms. In addition to being close to plenty of food and drink options, this new 10-unit rental is less than a block away from the 7 train and a short walk to the newly opened Hunters Point South Park.
See the income requirements

Affordable Housing

August 31, 2018

New Mott Haven development opens lottery for 133 mixed-income units, from $464/month

By Dana Schulz

In 2016, Bronx Borough President Ruben Diaz, Jr. allocated nearly $3.3 million to create 851 affordable housing units across eight projects in the borough. One of these, MLK Plaza Apartments at 869 East 147th Street in ever-developing Mott Haven, received $500,000, and as of today 133 of its 165 units are up for grabs through the city's housing lottery. The mixed-income units range from $464/month studios to $1,289/month three-bedrooms and have access to the building's laundry room, fitness room, library and computer room, bike storage, and outdoor rec space and terrace.
Find out if you qualify

Affordable Housing

Striver’s Row via Wiki Commons

August 30, 2018

Five middle-income apartments available near Harlem’s historic Striver’s Row

By Dana Schulz

Less than a half block outside the bounds of Central Harlem's Striver's Row historic district, five middle-income units are up for grabs for households earning 130 percent of the area median income. Once home to prominent African-American performers, artists, and professionals, the district's rows of stately brick rowhouses are about as charming as it gets. The building in question is 303 West 137th Street, a new 15-unit rental, which is also just one block from St. Nicholas Park and two blocks from the A, C, and B trains at 135th Street. The units range from $1,850/month studios to $2,695/month two-bedrooms.
Find out if you qualify

Affordable Housing

Apply for three middle-income units off the 7 train in Sunnyside

Rendering via AB Capstone

August 29, 2018

Apply for three middle-income units off the 7 train in Sunnyside

By Dana Schulz

Just a block from the 46thth Street-Bliss Street station on the 7 line, a middle-income housing lottery has opened up at a new mixed-use development at 47-16 Greenpoint Avenue. And with the enormous Sunnyside Yard project in the planning stages, it's a great time to get into the Queens neighborhood. The units up for grabs are a $2,251/month one-bedroom and two $2,714/month two-bedrooms. The building will have retail on the ground floor, a community facility on the second floor, and a total of 10 rentals on floors three and four. It offers laundry and a roof deck.
Find out if you qualify

Affordable Housing

Via Wiki Commons

August 28, 2018

Apply for 83 affordable units in the South Bronx, starting at $929/month

By Dana Schulz

Via Wiki Commons The second housing lottery to open today in the South Bronx's Longwood section is at Thessalonia Manor, a two-building affordable project adjacent to the Thessalonia Baptist Church. The 120-unit development, from Urban Builders Collaborative and CMC Development, was announced two years ago, and now households earning 60 percent of the area median income can apply for 83 of the units, ranging from $929/month one-bedrooms to $1,289/month three-bedrooms. Like the earlier lottery, the buildings at 960 Prospect Avenue and 961 Reverend James A. Polite Avenue are right near the family-friendly Bill Rainey Park and the 2 and 5 trains at Intervale Avenue. The buildings offer on-site laundry, a community room, courtyard, and roof top terrace.
See if you qualify

Affordable Housing

August 28, 2018

Nine middle-income apartments up for grabs in a family-friendly South Bronx corner, from $1,404/month

By Dana Schulz

A recently completed 29-unit rental at 915 Dawson Street in the Longwood section of the South Bronx has opened up an affordable housing lottery for nine middle-income units reserved for households earning 130 percent of the area median income. The 1,404/month one-bedrooms and $1,575/month two-bedrooms not only offer the chance to live in a lovely new building, complete with a recreation room, laundry room, and parking, but the location just off Bill Rainey Park is the perfect enclave for families. The park has a baseball field, football field, and playground, and just a few blocks away are the 2, 5 trains at Intervale Avenue and the 6 at Hunts Point Avenue. Plus, the New York Public Library's Hunts Point branch is close, as are a myriad of schools, including Longwood Preparatory Academy, Success Academy Middle School, PS 333 The Museum School, PS 39, and PS 130.
See the income breakdown

Affordable Housing

1,000 new affordable homes for NYCHA seniors coming to Central Brooklyn

Photo of Bed-Stuy via Wikimedia

August 27, 2018

1,000 new affordable homes for NYCHA seniors coming to Central Brooklyn

By Devin Gannon

New York State will finance 1,000 affordable homes for seniors who are residents of the city's public housing system, Gov. Andrew Cuomo announced on Sunday. The 100 percent affordable units will be constructed on underutilized land in Central Brooklyn that is owned by NYCHA. The $15 million plan falls under the governor's $1.4 billion Vital Brooklyn initiative, which aims to bring affordable housing, open space and recreation, new jobs and better healthcare services to the area, which includes the neighborhoods of Bed-Stuy, Brownsville, Ocean-Hill, Bushwick, Crown Heights and East New York.
More here

Affordable Housing

August 27, 2018

Six middle-income units up for grabs across from Crown Heights’ Lincoln Terrace park and tennis courts

By Dana Schulz

Just 10 days ago, an affordable housing lottery opened across from the Lincoln Terrace/ Arthur S. Somers Park in Crown Heights. These units are available to households earning 60 percent of the area median income, but a new lottery right around the corner will provide middle-income New Yorkers the opportunity to get into the neighborhood, too. As of today, those earning 130 percent of the area median income can apply for six apartments at 1764 Union Street, a new, boutique rental building just two blocks from the 3, 4, and 5 trains at Utica Avenue. The units up for grabs range from an $1,800/month studio to $2,500/month two-bedrooms, and residents will have easy access to the park's two tennis courts, two playgrounds, basketball and handball courts, baseball field, and beautiful wooded lawns.
Find out if you qualify

Affordable Housing

Affordable Housing

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