Affordable Housing

Nearly 900 Section 8 residents in NYC spend more than 80 percent of income on rent

Photo via Pexels

April 26, 2018

Nearly 900 Section 8 residents in NYC spend more than 80 percent of income on rent

By Michelle Sinclair Colman

Can anyone, at any income level, justify and sustain paying 80+ percent of their income on rent? Obviously not. According to the Housing and Urban Development website, “If a household pays more more than 30 percent of its gross income on rent and utilities it is considered rent-burdened." Despite HUD’s claim, amNY highlighted two NYC renters in Section 8 housing who spend over 80 percent of their income on rent. The housing policies peg their rent to their income. Robert Rodriguez, who has lived in his Upper West Side apartment for 41 years and filed a lawsuit last June against the city, now pays a whopping 86 percent of his income in rent. Adding to the problems, on Wednesday HUD Secretary Ben Carson proposed massive changes, which would triple rent for the poorest households and make it easier for housing authorities to impose work requirements.
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Crown Heights middle-income housing lottery gets you near all the action

April 24, 2018

Crown Heights middle-income housing lottery gets you near all the action

But it won't really save you enough to enjoy all this happening 'hood has to offer. The latest in a string of "affordable" middle-income lotteries, this offering for three $2,716/month two-bedroom units at 85 Rogers Avenue is reserved for households earning between $93,120 and $111,670 annually, or 130 percent of the area median income. For a single person earning the lower end of the range, this is more than a third of their yearly income before taxes. So hitting up nearby Barboncino for wood-fired pizza or Super Power for tiki cocktails, might not be the most economical idea.
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Affordable Housing

Live right next to Prospect Park in Prospect-Lefferts Gardens, from $1,807/month

April 24, 2018

Live right next to Prospect Park in Prospect-Lefferts Gardens, from $1,807/month

By Devin Gannon

Want Prospect Park as a backyard? Enter a lottery for 16 middle-income apartments at a brand new building in Brooklyn's Prospect-Lefferts Gardens that sits directly across from the 526-acre park. Located at 510 Flatbush Avenue (also 33 Lincoln Road), the Lincoln Road Apartments rise nine stories and contain 141 units. Qualifying New Yorkers earning 130 percent of the area median income can apply for units ranging from $1,807/month studios to $2,733/month two-bedroom apartments.
Find out if you qualify

Affordable Housing

Lottery launches for five middle-income units in Parkchester, from $1,700/month

The Aileen B. Ryan Oval fountain sits in the center of Parkchester; photo via Wikipedia

April 20, 2018

Lottery launches for five middle-income units in Parkchester, from $1,700/month

By Devin Gannon

A housing development located in the Bronx's Parkchester neighborhood has five middle-income apartments up for grabs. The two buildings at 1360-1364 Purdy Street are located just outside the planned neighborhood and sits around the corner from the 6 train at Castle Hill Avenue. Qualifying New Yorkers earning 130 percent of the area median income can apply for units ranging from a $1,700/month one-bedroom to a $1,875/month two-bedroom.
Find out if you qualify

Affordable Housing

Middle-income housing lottery in Bed-Stuy saves renters close to nothing

Google Street View of 867 DeKalb Avenue

April 19, 2018

Middle-income housing lottery in Bed-Stuy saves renters close to nothing

For the second time in two days, the city's affordable housing portal has opened the application process for a middle-income lottery that's basically no cheaper than the building's regular market-rate units. For example, this opportunity at 867 DeKalb Avenue, a recently constructed rental in Bed-Stuy, is offering 11 units to those earning 115, 125, and 130 percent of the area median income. The "affordable" apartments range from $2,163/month one-bedrooms to $2,716/month two-bedrooms. By comparison, the market-rate units start at $2,100 for one-bedrooms and $2,744 for two-bedrooms.
What's up with that?

Affordable Housing

Live in the heart of hip Williamsburg, from $865/month

April 18, 2018

Live in the heart of hip Williamsburg, from $865/month

By Devin Gannon

Via Dattner Architects Although rental prices are dropping in Williamsburg due to the impending L-train shutdown, a recently launched lottery is offering up a can't-miss deal. A brand new building located at 105 South Fifth Street has 38 affordable units up for grabs. In addition to the housing units, the Datter Architects-designed mixed-use project features roughly 4,000 square feet of retail and a 1,000-square-foot medical facility. Qualifying New Yorkers earning 60 percent of the area median income can apply for apartments ranging from an $865/month studio to a $1,121/month two-bedroom.
Find out if you qualify

Affordable Housing

Middle-income lottery opens for seven apartments in pretty Prospect-Lefferts Gardens

Photo via CityRealty

April 17, 2018

Middle-income lottery opens for seven apartments in pretty Prospect-Lefferts Gardens

Here's your chance to live in pretty Prospect-Lefferts Gardens for, perhaps, less than the neighborhood's market-rate rents. An affordable housing lottery is opening for seven units in a new, eight-story building at 212 Linden Boulevard. As 6sqft recently uncovered, many middle-income apartments throughout the city serve more to subsidize the truly affordable units, and therefore, don't come in that much cheaper. Here, the homes are available to those earning 130 percent of the median income and range from $1,800/month studios to $2,714/month two-bedrooms. By comparison, the market-rate rentals range from $1,850/one bedrooms to $3,000/month two-bedrooms.
Find out if you qualify

Affordable Housing

$700M proposal calls for NYC’s first soccer stadium and 550 affordable apartments in the South Bronx

Rendering via Rafael Viñoly Architects

April 17, 2018

$700M proposal calls for NYC’s first soccer stadium and 550 affordable apartments in the South Bronx

By Devin Gannon

New York City could be getting its first soccer stadium if a proposal for the project led by Related Companies gets chosen by officials. A partnership made up of developers Related and Somerset Partners, along with the Major League Soccer team, New York City Football Club, has submitted a plan to bring a 26,000-seat soccer stadium designed by Rafael Viñoly, over 550 units of affordable housing and a waterfront park to the South Bronx. According to YIMBY, the project, estimated to cost $700 million, would rise on the site of the Harlem River Yards, a 13-acre parcel in Mott Haven operated by the Empire State Development Corporation.
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100 chances to live at ODA’s Rheingold Brewery development in Bushwick, from $913/month

Rendering via ODA Architects

April 16, 2018

100 chances to live at ODA’s Rheingold Brewery development in Bushwick, from $913/month

By Devin Gannon

A lottery launched this week for 100 affordable units at 10 Montieth Street, part of the massive ODA-designed Rheingold Brewery development in Bushwick. The seven-story, 392-unit building topped out last September, with its distinct modular form, sloping rooftop garden and colorful frames. Amenities at the building include a climbing wall, laundry room, interior courtyard, game room, bike storage, children's playroom, art studios and much more. Qualifying New Yorkers earning 60 percent of the area median income can apply for the units, ranging from $913/studios to $1,183/two-bedroom apartments.
Find out if you qualify

April 13, 2018

Lottery launches for nine middle-income apartments near Marine Park, from $1,700/month

By Devin Gannon

A lottery launched this week for nine middle-income apartments in the Midwood neighborhood of Brooklyn. Located at 2802 Kings Highway, the building sits at a nexus of Madison and Marine Park, which is home to Brooklyn's largest public park. Nearby transit options include the B and Q trains, as well as a slew of Brooklyn-bound buses. Qualifying New Yorkers earning 130 percent of the area median income can apply for the one-bedrooms for $1,700/month or two-bedrooms for $2,200/month.
Find out if you qualify

Affordable Housing

Popular Articles

Why middle-income New Yorkers are turning down affordable housing

Photo via CityRealty

April 11, 2018

Why middle-income New Yorkers are turning down affordable housing

By Cait Etherington

It sounds like a dream come true. After a decade of living and struggling to pay your rent as a middle-income New Yorker, you get an email from NYC Housing Connect that says, “Invitation for Interview” followed by the address of the building to which you applied. For a moment, you are ready to break out the champagne and start celebrating the fact that that rent-stabilized, affordable NYC apartment you have always dreamt about living in—yes, that massive apartment that is only a fraction of everyone else’s monthly rent—is finally in reach. But then, like a lot of middle-class New Yorkers, you start to seriously consider whether you’re ready, willing, and able to accept what NYC Housing Connect is actually offering.
Hear from real New Yorkers who have turned down affordable housing

Lottery for middle-income apartments in Harlem raises the question of affordability

Photo of Harlem via Ian Freimuth/Flickr

April 11, 2018

Lottery for middle-income apartments in Harlem raises the question of affordability

Just hours ago, 6sqft published an article about how many middle-income New Yorkers forego affordable housing opportunities because the "affordable" units are actually more expensive than their current market-rate homes. And now here's a perfect example. Five units are available through the city's housing lottery in the heart of Harlem, at 10 West 132nd Street, but the two studios are $1,900/month and the three one-bedrooms are $2,270/month. For a two-person household earning between $ 77,829 and $ 108,550 annually, is a $2,300 monthly rent payment really affordable?
All the details ahead

Affordable Housing

New renderings revealed for Daniel Libeskind’s affordable senior housing building in Bed-Stuy

Rendering of the Sumner Houses Senior Building, courtesy of the Architect, Studio Libeskind

April 10, 2018

New renderings revealed for Daniel Libeskind’s affordable senior housing building in Bed-Stuy

By Michelle Cohen

Just a few weeks ago, 6sqft reported that starchitect Daniel Libeskind's first New York City building to rise from the ground up would be a 197-unit affordable senior housing project planned for Site 2 of the Sumner Houses in Bed-Stuy. Now Studio Libeskind has released three new renderings of the 10-story building-to-be, showing more of its an angular white-colored facade done in the firm’s signature un-orthogonal style (h/t Dezeen).
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Snag an affordable one-bedroom in Greenpoint for $1,020/month

April 5, 2018

Snag an affordable one-bedroom in Greenpoint for $1,020/month

By Devin Gannon

Photo via CityRealty A newly constructed, 14-unit rental in Greenpoint has launched a lottery for three affordable one-bedroom apartments. The ground-up building is located at 977 Manhattan Avenue, between India and Huron Streets, and is an investment property, with the entire building listed for $14.25 million. Qualifying New Yorkers earning 60 percent of the area median income can apply for the $1,020/month one-bedroom apartments.
Find out if you qualify

Affordable Housing

Apply for 35 middle-income units near Pratt Institute in Clinton Hill, from $2,030/month

Rendering via Aufgang Architects

April 5, 2018

Apply for 35 middle-income units near Pratt Institute in Clinton Hill, from $2,030/month

By Devin Gannon

A newly constructed Clinton Hill building is now accepting applications for 35 middle-income units. Located at 325 Lafayette Avenue, the building sits around the corner from the Pratt Institute, Classon Playground and a plethora of restaurants and bars. The eight-story rental, designed by Aufgang Architects, features a brick facade with metal panels. Qualifying New Yorkers earning 130 percent of the area median income can apply for units ranging from a $2,030/month studio to a $2,581/month two-bedroom.
Find out if you qualify

Affordable Housing

La Central, 992-unit affordable Bronx development, ramps up construction

April 3, 2018

La Central, 992-unit affordable Bronx development, ramps up construction

By Michelle Cohen

As 6sqft previously reported, after getting the green light for La Central, a new development that would bring nearly 1,000 units of affordable housing to the site of the Bronx Zoo-bordering Lambert Houses, construction on phase 1 of the project is well underway. Welcome2TheBronx reports that a 160-unit building D at Bergen Avenue and 152nd Street, a supportive housing building for formerly homeless individuals, is almost topped out and is scheduled to be finished by the summer of 2019. Two more buildings in the 992 unit, 1.1-million-square-foot Hudson Companies, Inc, development have broken ground.
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Cuomo declares state of emergency for NYCHA, creates independent monitor to oversee authority

Photo of Queensbridge Houses via Wikimedia

April 3, 2018

Cuomo declares state of emergency for NYCHA, creates independent monitor to oversee authority

By Devin Gannon

Citing hazardous conditions like lead paint and mold, Gov. Andrew Cuomo on Monday declared a state of emergency for the New York City Housing Authority (NYCHA). He also ordered an independent monitor be appointed within 60 days to expedite repairs and upgrades. An investigation by the state's Health Department revealed this week that in the last month alone, at least one severe condition that poses a health risk has been found inside 83 percent of 255 apartments checked, including peeling paint, mold, evidence of rodent and insect infestation and missing smoke and carbon monoxide detectors. The monitor will also oversee how NYCHA spends the $250 million the state allocated in its budget signed this weekend, according to the New York Times.
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Lottery launches for 124 middle-income units in East Harlem, from $822/month

Rendering via MAP Architects

March 29, 2018

Lottery launches for 124 middle-income units in East Harlem, from $822/month

By Devin Gannon

A brand new East Harlem mixed-use development, known as Acacia Gardens, now has 124 middle- income apartments up for grabs. The 12-story brick building at 411 East 120th Street, the site of a former parking lot, includes over 180,000 square feet of residential space. Qualifying New Yorkers earning 60 and 100 percent of the area median income can apply for units ranging from an $822/month studio to a $1,706/month three-bedroom.
Find out if you qualify

Affordable Housing

‘Atlantic Chestnut’ development will bring over 1,100 fully-affordable units to East New York

Rendering via Dattner Architects

March 29, 2018

‘Atlantic Chestnut’ development will bring over 1,100 fully-affordable units to East New York

By Devin Gannon

A mixed-use development will bring 1,165 fully-affordable units to the Brooklyn neighborhood of East New York, an evolving community in need of new and preserved housing. Dattner Architects released this week new renderings of the development, dubbed Atlantic Chestnut after the two streets it will face (h/t CityRealty). The complex, which will include three 14-story buildings, sits on 4.5 acres and measures over a million square feet. The three buildings will be completed in successive phases, with the first scheduled to wrap up in 2020, the second in 2021 and the third in 2022.
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Daniel Libeskind’s first New York City building may be affordable senior housing in Bed-Stuy

Rendering of the Sumner Houses Senior Building, courtesy of the Architect, Studio Libeskind (via NYC Housing Authority)

March 29, 2018

Daniel Libeskind’s first New York City building may be affordable senior housing in Bed-Stuy

By Michelle Cohen

Though he has called New York home for decades, noted Polish-American architect Daniel Libeskind has yet to see a NYC building to completion. But it appears that may soon change, as CityRealty reports that his first ground-up building will be a 197-unit affordable housing project on Site 2 of the Sumner Houses in Bed-Stuy. A January press release announcing the selection of the project’s developers credits Studio Daniel Libeskind as the designer of the 10-story building-to-be, and a rendering shows an angular white-colored building done in the firm’s signature un-orthogonal style.
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Live across from the historic Woodlawn Cemetery in the Bronx, from $519/month

Photo © Woodlawn Cemetery

March 28, 2018

Live across from the historic Woodlawn Cemetery in the Bronx, from $519/month

By Devin Gannon

Applications are now being accepted for 122 newly constructed, mixed-income apartments at Webster Commons D, one out of five buildings located at 3620 Webster Avenue. The development, which sits across from the sprawling Woodlawn Cemetery in the Bronx, was designed by Aufgang Architects and was chosen as the 2016 Project of the Year by the New York Association for Affordable Housing. Qualifying New Yorkers earning 40, 50, 100, and 110 percent of the area median income can apply for units ranging from a $519/month studio to a $1,965/month three-bedroom.
Find out if you qualify

Affordable Housing

Lottery launches for 38 affordable units at an amenity-rich Clinton Hill building, from $735/month

Rendering via HTO Architect

March 26, 2018

Lottery launches for 38 affordable units at an amenity-rich Clinton Hill building, from $735/month

By Devin Gannon

Located within walking distance to the Barclays Center and Prospect Park, a newly constructed building at 555 Waverly Avenue in Clinton Hill has 38 affordable apartments up for grabs. The eight-story building, situated between bustling Fulton Street and Atlantic Avenue, features amenities like on-site parking, a landscaped roof deck, indoor lounges and a 1,500-square-foot fitness center. Qualifying New Yorkers earning 60 percent of the area median income can apply for the units ranging from $735/month studios to $888/month two-bedroom apartments.
Find out if you qualify

Affordable Housing

Nearly 250,000 NYC rental apartments sit vacant

March 26, 2018

Nearly 250,000 NYC rental apartments sit vacant

Early numbers from the Census Bureau’s Housing and Vacancy Survey show that the number of unoccupied apartments throughout New York City has grown significantly over the past three years--a whopping 35 percent to 65,406 apartments since 2014, when the last survey was taken. As the Daily News puts it, "Today, 247,977 units — more than 11% of all rental apartments in New York City — sit either empty or scarcely occupied, even as many New Yorkers struggle to find an apartment they can afford." One reason for the growing vacancy rates, as the article states, is the city's high rent, which has risen twice as fast as inflation.
Here's a breakdown of vacancy rates

21 chances to buy an affordable condo at Extell’s chic Upper East Side tower, from $357K

March 23, 2018

21 chances to buy an affordable condo at Extell’s chic Upper East Side tower, from $357K

By Devin Gannon

Rendering of The Kent via Beyer Blinder Belle; Photo via CityRealty Applications are now being accepted for 21 brand new, affordable condominiums at Extell Development's Upper East Side tower, The Kent. Designed by Beyer Blinder Belle, the 30-story building, located at 200 East 95th Street, has a facade covered in red brick with accents of dark metal. Qualifying New Yorkers earning between $79,333 and $119,250 annually can apply for the studio, one- and two-bedroom condo units, which range in price from $356,700 to $427,000.
Find out if you qualify

Jerome Avenue rezoning and Peninsula complex to bring thousands of affordable units to the Bronx

March 23, 2018

Jerome Avenue rezoning and Peninsula complex to bring thousands of affordable units to the Bronx

By Devin Gannon

Rendering of the Peninsula by BLA + WXY The New York City Council on Thursday unanimously approved the rezoning of 92-blocks along Jerome Avenue in the Bronx, bounded by East 165th Street to the south and 184th Street to the north. As the fourth neighborhood rezoning of Mayor Bill de Blasio's administration, the city plans to construct about 4,600 new apartments, adding to the mayor's goal of bringing 300,000 units of housing to the city by 2026. The council has set aside $189 million in capital investment for workforce development, open space, parks and two new schools (h/t City Limits). A plan to bring even more affordable housing to the Bronx got the green light on Thursday after the Council approved The Peninsula, a $300 million plan to redevelop the former Spofford Juvenile Detention Center as a mixed-use development.
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