Affordable Housing

August 31, 2018

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

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.
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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.
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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.
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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.
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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.
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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.
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Affordable Housing

‘Affordable’ middle-income apartments in Bushwick are only $150 cheaper

682 Chauncey Street via Alley Property Management

August 24, 2018

‘Affordable’ middle-income apartments in Bushwick are only $150 cheaper

By Dana Schulz

Sure, you can do a lot with $150 a month, but does that level of savings really constitute as "affordable?" According to the city, yes. The latest housing lottery to come online, reserved for households earning $130 percent of the area median income, is for three $2,450/month two-bedrooms at Bushwick's 682 Chauncey Street. By comparison, market-rate two-bedroom units in the new, 10-unit building go for $2,599 or $2,650.
What's the deal?

Affordable Housing

Lottery launches for affordable apartments in Jersey City, from $1,014/month

Rendering via Genesis Companies

August 23, 2018

Lottery launches for affordable apartments in Jersey City, from $1,014/month

By Devin Gannon

Providing Jersey City residents some rental relief as the market continues to grow, a new housing building opened this week and launched a lottery for 100 percent affordable units. Located at 455 Ocean Avenue in the Greensville section of Jersey City, the five-story building includes 64 apartments, with five of the units set aside for homeless veterans and seven reserved for those earning at or below 30 percent of the area median income. Dubbed the Dr. Lena Frances Edwards Apartments, the rental's remaining units reserved for those earning 60 percent of the AMI ($66,500/year for a family of four) include $1,014/month one-bedrooms, $1,217/month two-bedrooms and $1,407/month three-bedrooms.
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Affordable Housing

Apply for 6 middle-income units on the Bushwick-Ridgewood border, from $1,988/month

Image via Mike Sinko on Flickr

August 22, 2018

Apply for 6 middle-income units on the Bushwick-Ridgewood border, from $1,988/month

By Devin Gannon

Located in Bushwick at 387 Bleecker Street, a brand new building is accepting applications for six middle-income units. The rental is near the Myrtle-Wyckoff Avenue subway station, right by the quirky Queens neighborhood of Ridgewood. New Yorkers earning 130 percent of the area median income can apply for the three $1,988/month one-bedroom and three $2,436/month two-bedroom apartments.
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Affordable Housing

Middle-income lotto opens at Bushwick’s glass factory-turned-trendy rental

By Dana Schulz

Two months after leasing kicked off at Glassworks Bushwick, the affordable housing lottery is opening for 19 middle-income units, ranging from $2,098/month studios to $2,715/month two-bedrooms. If this doesn't seem so "affordable," keep in mind that these market-rate apartments are going for $2,500 and $3,100. Plus, the trendy new rental, a cool conversion of the former Dannenhoffer Opalescent Glassworks stained glass factory at 336 Himrod Street, offers a fitness center, lounge, laundry room, book-share library, and, best of all, a landscaped roof deck with a barbeque area.
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Affordable Housing

August 21, 2018

Affordable housing lottery opens for new health-focused complex in the Bronx

By Dana Schulz

A year and a half after breaking ground on the project, mental health nonprofit Community Access has opened the affordable housing for a new, $52.2 million supportive housing complex in the Mount Eden neighborhood of the Bronx. As 6sqft previously reported, "it incorporates sustainable elements such as solar panels and a co-generation plant, as well as health-focused amenities like a community garden and kitchen to encourage and teach about healthy eating, outdoor exercise equipment, and a bike sharing program." The building at 111 East 172nd Street has 126 units, 50 percent of which are set aside for formerly homeless New Yorkers or families with special needs. The remaining half is available as of today through the city's lottery and are reserved for those earning 60 percent of the area median income, including $864/month studios and $1,122/month two-bedrooms.
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Affordable Housing

Riverton Square, via A&E Real Estate

August 20, 2018

New waitlist opens for mixed-income units at East Harlem’s Riverton complex, from $1,174/month

By Dana Schulz

Last November, East Harlem’s Riverton Square opened up its 7,500-name waitlist for middle-income families. They've now reopened it, this time to a wider range of income brackets. Households earning 60, 80, or 125 percent of the area median income can put their name on the list for units ranging from $1,174/month one-bedrooms to $2,983/month three-bedrooms. The affordable seven-building development was built by the Metropolitan Life Insurance Company in 1947 to serve as housing for WWII veterans. Unlike their similar complexes, Stuyvesant Town and the Bronx's Parkchester, Riverton did not bar black and Hispanic tenants from renting. Today, the 12-acre complex offers a gated community with 12 acres of beautifully landscaped grounds and a public fountain, a new basketball court and playground, and a newly built senior center and after-school center.
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Affordable Housing

August 17, 2018

Lottery launches for affordable units across from Lincoln Terrace in Crown Heights, from $938/month

By Devin Gannon

Located across from the Lincoln Terrace/ Arthur S. Somers Park in Crown Heights, a newly constructed building has 10 affordable apartments up for grabs. New Yorkers earning 60 percent of the area median income can apply for the apartments, which include $938/month studios, $1,080/month one-bedrooms and $1,223/month two-bedrooms. In addition to being across from 21 acres of public park, the rental at 24 Ford Street also features a fitness center, lounge, a bike room, and parking.
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Affordable Housing

August 16, 2018

Apply for 35 affordable apartments in Bed-Stuy, from $745/month

By Devin Gannon

A six-story building in Bed-Stuy launched a lottery this week for 35 affordable apartments. Developed in collaboration between Comunilife and NYC Health + Hospitals, the Woodhull Residence at 179 Throop Avenue contains 89 studio apartments, designed as supportive and affordable housing. The apartments up for grabs through the lottery are set aside for individual New Yorkers earning 50 and 60 percent of the area median income, or between $27,463 and $43,860 annually, and include $746/month and $903/month studios.
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Affordable Housing

3 chances to live just steps from the G train in Bed-Stuy, from $1,912/month

Photo via Julien Magne/Flickr

August 14, 2018

3 chances to live just steps from the G train in Bed-Stuy, from $1,912/month

By Devin Gannon

A six-story building in Bed-Stuy launched a lottery this week for three middle-income units. The newly constructed building, located at 523 Willoughby Avenue, sits between Marcy and Tompkins Avenues and just a two-minute walk from the G train. Qualifying New Yorkers earning 130 percent of the area median income can apply for one $1,912/month one-bedroom and two $2,303 two-bedroom apartments.
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Affordable Housing

Prospect Park Boathouse via Flickr/cc

August 13, 2018

Six brand-new, middle-income apartments available right off the park in Prospect-Lefferts Gardens

By Dana Schulz

Prospect-Lefferts Gardens is becoming a more and more coveted neighborhood, especially when you're just a few short blocks from Prospect Park and the B and Q trains at Parkside Avenue, which is exactly the selling point for the new 20-unit rental at 830 Flatbush Avenue. The building was recently completed and as of today, households earning 130 percent of the area median income can apply for six middle-income apartments, including $2,253/month one-bedrooms and $2,716/month two-bedrooms. They'll also have access to a fitness center, laundry room, lounge, bike storage, and roof deck.
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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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Live on the Williamsburg-Bushwick border for just $1,039/month

Photo via Wally Gobetz/Flickr

August 10, 2018

Live on the Williamsburg-Bushwick border for just $1,039/month

By Dana Schulz

At the beginning of the year, three middle-income apartments came online at the brand new rental 126 Boerum Street in trendy East Williamsburg, just off the Bushwick border and only steps to theL train at Montrose and the J/M at Lorimer. Now, two more units are available, these for New Yorkers earning 60 percent of the area median income and renting for $1,039.
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Affordable Housing

The best affordable and student-friendly off-campus neighborhoods in NYC

Columbia campus, via Pixabay

August 9, 2018

The best affordable and student-friendly off-campus neighborhoods in NYC

By Cait Etherington

If you can’t bear the idea of living in the dorms for another year, you’re not alone. Unless you happen to go to Columbia where over 90 percent of students live on campus, there's a high likelihood you’ll be searching for your own apartment at some point during your college years, just like 57 percent of students at NYU and 74 percent at The New School. And if you're like most students, you’ll be looking for an apartment far from downtown that strikes the right balance between affordability, commutability, and access to services. To help you make the smartest decision possible, 6sqft has compiled a list of affordable, student-friendly neighborhoods in Manhattan and Brooklyn. By New York City standards, all of these are both safe (e.g., reported fewer than 1.5447 crimes per 1000 people in June 2018) and within reach (e.g., on average, three-bedroom units can still be rented for less than $5,000 per month). Using July 2018 City Realty data on average neighborhood rents, we've broken down how much you’ll pay on average to live in a three-bedroom shared unit in each of these neighborhoods. We’ve also provided average commute times to both Union Square, which is easily walkable to NYU, The New School, and Cooper Union, and to the Columbia University campus.
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59-block Inwood rezoning vote draws protests from residents who fear its character will be lost

Inwood Hill Park; Image: Dana via Flickr.

August 9, 2018

59-block Inwood rezoning vote draws protests from residents who fear its character will be lost

By Michelle Cohen

On Wednesday the City Council approved a rezoning plan for a 59-block section of Inwood, a neighbhorhood often referred to as the "last affordable neighborhood in Manhattan," the New York Times reports. The plan was approved last week by the city's zoning subcommittee and the Land Use Committee. The Inwood rezoning is part of Mayor Bill de Blasio’s plan to rezone neighborhoods across the city as part of the push to create and preserve 300,000 affordable housing units by his goal date of 2026. Inwood is the fifth neighborhood–including the also-controversial East New York and East Harlem–to be approved for rezoning under the plan.
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Waitlist opens for 400+ middle-income units near Flushing Meadows Corona Park

Via Paul VanDerWerf on Flickr

August 8, 2018

Waitlist opens for 400+ middle-income units near Flushing Meadows Corona Park

By Devin Gannon

A lottery to get on the waitlist for more than 400 moderate-income units launched this week across a few rental buildings in Forest Hills, a residential neighborhood of Queens. The buildings, located at 62-27 108th Street, 108-53 62nd Drive, and 110-01 62nd Drive, are being developed by Phipps Houses, a major developer of affordable housing. The buildings sit nearby Flushing Meadows Corona Park, home to the Queens Museum, New York Hall of Science, Citi Field, and the Arthur Ashe Tennis Stadium. Qualifying New Yorkers earning 100 percent of the area median income can apply for the apartments, which range from a $1,462/month studio to a $2,170/month three-bedroom.
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Affordable Housing

In Bushwick, 3 middle-income units located steps to the M, J and Z trains, from $2,714/month

Photo via Manny Moss on Flickr

August 7, 2018

In Bushwick, 3 middle-income units located steps to the M, J and Z trains, from $2,714/month

By Devin Gannon

Starting on Wednesday, applications will be accepted for three new, middle-income units in the Brooklyn neighborhood of Bushwick. Found at 1157 Myrtle Avenue, the rental sits just a block away from the J, M and Z trains as well as the B54 and B 15 buses. Qualifying New Yorkers earning 130 percent of the area median income can apply for the two $2,714/month two-bedrooms and one $3,131/month three-bedroom.
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Affordable Housing

20 affordable studios in Bed-Stuy up for grabs for $666/month

Photo via Matthew Rutledge on Flickr

August 7, 2018

20 affordable studios in Bed-Stuy up for grabs for $666/month

By Devin Gannon

A newly constructed Bed-Stuy rental launched a lottery this week for 20 affordable studios. Located at 500 Gates Avenue, the five-story, 68-unit apartment building sits on the corner of budding Thompkins Avenue, a block home to nearby favorites like Bed-Vyne Brew and Peaches Hot House. Qualifying New Yorkers earning 60 percent of the area median income can apply for the $666/month studio apartments.
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Affordable Housing

Via CityRealty

August 7, 2018

De Blasio signs bill forcing Airbnb to disclose names and addresses of hosts

By Devin Gannon

Update 8/7/18: Mayor Bill de Blasio on Monday signed into law a bill that cracks down on the number of illegal Airbnb listings in New York City. Taking effect in February 2019, the new law requires the company to disclose the names and addresses of its hosts. The information will be turned over to the Mayor’s Office of Special Enforcement. The New York City Council passed a bill on Wednesday that requires Airbnb and other home-sharing sites to provide the names and addresses of its hosts to the city. Under state law, it remains illegal in most buildings to rent out an apartment for less than 30 days unless the permanent tenant is there. Just hours before the council unanimously voted for this legislation, an Airbnb host from Brooklyn, Stanley Karol, sued the city in federal court for fining him $30,000 after speaking out against the bill. "I believe that the City has sought to silence me, by not only saddling me with massive fines, but also making me feel unsafe in my own home," Karol said.
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Affordable Housing

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