Affordable Housing

Lottery opens for 140 affordable units at Greenpoint’s tallest tower, from $613/month

Renderings of The Greenpoint courtesy of Neoscape

January 17, 2018

Lottery opens for 140 affordable units at Greenpoint’s tallest tower, from $613/month

By
Applications are now being accepted for 140 affordable units at The Greenpoint, the neighborhood's first skyscraper and current tallest building. The 40-story residential building, located on the Brooklyn waterfront at 23 India Street, boasts amenities like a bike room, sports court, children's playroom, outdoor entertainment space, fitness center, a public promenade and more. Qualifying New Yorkers earning 40 and 60 percent of the area median income can apply for affordable apartments ranging from a $613/month studio to a $1,230/month two-bedroom.
Find out if you qualify here
South Bronx complex with 1,045 housing units and nation’s first Hip-Hop museum gets new rendering

Rendering of Bronx Point courtesy of S9 Architecture

January 17, 2018

South Bronx complex with 1,045 housing units and nation’s first Hip-Hop museum gets new rendering

By
A new rendering of Bronx Point, a mixed-use development planned for the South Bronx waterfront, has been unveiled, providing a closer look at L+M Development Partner and Type A Projects' plan to bring over 1,000 units of housing, a food hall and the country's first brick-and-mortar museum designated to Hip-Hop to the neighborhood. As YIMBY reported, the housing will be delivered in two phases, with the first bringing 600 units of permanent affordable public housing by 2022. The second phase is expected to wrap up about three years after the first. Designed by S9 Architecture, the complex will include a new waterfront esplanade, state-of-the-art multiplex theater, flashy outdoor performance area and educational spaces.
More this way
New middle-income lottery launches at Stuyvesant Town with apartments from $2,889 a month

Stuyvesant Town via StuyTown Property Services

January 17, 2018

New middle-income lottery launches at Stuyvesant Town with apartments from $2,889 a month

By
A new housing lottery has just been launched at Stuyvesant Town/Peter Cooper Village. Households earning $86,670-$170,115/year are eligible to apply for one-bedrooms for $2,889/month and two-bedrooms for $3,543/month. Those who applied last year don't need to apply again; their names are already on a waiting list–though it's likely a long one; 6sqft previously noted that a 2016 waitlist for the downtown apartment complex stretched to 15,000 people. The deadline to apply for the new lottery is February 21, 2018.
Find out more
New York City secured 24,500 affordable housing units last year, setting new record

Photo courtesy of Ed Reed/Mayoral Photography Office

January 16, 2018

New York City secured 24,500 affordable housing units last year, setting new record

By
Mayor Bill de Blasio on Tuesday announced another record-breaking affordable housing milestone: the city financed more than 24,500 affordable homes in 2017, the highest number in nearly three decades. Over the past four years, the de Blasio administration has created or preserved more than 87,500 affordable housing units, on pace to meet the city's goal of 300,000 units by 2026. Under "Housing New York 2.0," which the mayor unveiled in October, 25,000 affordable apartments will be secured each year until 2021. About half of the homes are set aside for individuals making $33,400 annually or $43,000 annually for a family of three.
More this way
Five chances to live near the New York Botanical Garden from $1,450/month

Photo courtesy of New York Botanical Garden

January 11, 2018

Five chances to live near the New York Botanical Garden from $1,450/month

By
A Bronxdale building located near the Bronx Zoo and the New York Botanical Garden is now accepting applications for five middle-income apartments. Qualifying New Yorkers earning 130 percent of the area median income can apply for $1,450/month one-bedrooms, as well as $1,800/month and $1,900/month two-bedrooms. Located near the 2 and 5 trains, the commute from the rental at 2547 Cruger Avenue to Midtown Manhattan is just under an hour.
Find out if you qualify
Live in a one-bedroom off of East Harlem’s bustling 116th Street for $2,270/month

Photo of East Harlem’s 116th Street via Wikimedia

January 10, 2018

Live in a one-bedroom off of East Harlem’s bustling 116th Street for $2,270/month

By
A brand new residential building at 245 East 115th Street in Manhattan's East Harlem neighborhood is currently accepting applications for four middle-income one-bedroom apartments. The eight-story building sits just one block from 116th Street, the business hub of Spanish Harlem that features lots of restaurants and shops. Qualifying New Yorkers earning 130 percent of the area median income can apply for the one-bedroom apartments for $2,270/month.
Find out if you qualify
Affordable senior housing lottery now open in new Corona, Queens passive house building

Rendering via HANAC

January 10, 2018

Affordable senior housing lottery now open in new Corona, Queens passive house building

By
Rendering via HANAC 46 newly-constructed affordable units at the HANAC Corona Senior Residence at 54-17 101st Street in Corona, Queens are now available via the city's affordable housing lottery. According to QNS, it will be the first affordable senior housing structure in the United States to meet the Passive House Institute design standards and the first affordable housing complex in Corona in three decades. Individuals or households that have at least one household member who is 62 years of age or older and who earn between $0 and $38,200 annually are eligible to apply. Five percent of units will be set aside for mobility-disabled applicants and two percent for vision- or hearing-disabled applicants.
Find out more
To save Nolita’s Elizabeth Street Garden, a nonprofit wants to take ownership from the city

Sketch of Elizabeth Street Garden’s Site A courtesy of Ella Barnes/ESG

January 9, 2018

To save Nolita’s Elizabeth Street Garden, a nonprofit wants to take ownership from the city

By
A nonprofit with a mission to protect and preserve the Elizabeth Street Garden in Nolita released on Tuesday a plan to designate the park as a Community Land Trust (CLT), meaning it would no longer require funding from the city. The group, aptly named Elizabeth Street Garden (ESG), unveiled renderings of what the park could look like as a CLT, including a new composting station, solar panels, a volunteer work shed and more. The proposal from ESG comes after the city announced last month plans to demolish the garden to make way for an affordable senior housing development.
More this way
Middle-income housing lottery in East Harlem provides little financial relief

View of 111 East 115th Street wrapping up construction in August, via CityRealty

January 8, 2018

Middle-income housing lottery in East Harlem provides little financial relief

By
In most cases, the city's affordable housing lotteries provide an opportunity to live in market rate-level apartments for a lower price. But at the new East Harlem rental building at 111 East 115th Street, the middle-income units provide minimal financial relief, and in some cases are even more expensive than the market-rate units. The general listings include $2,025/month studios, $2,300 one-bedrooms, and $3,100 two-bedrooms, while the "affordable" offerings for those earning 130 percent of the area median income start at $2,099/month studios and go up to $2,253 one-bedrooms and $2,716 two-bedrooms.
READ MORE
Six chances to live near Green-Wood Cemetery, from $1,035 a month

Green-Wood Cemetery via Wiki Commons

January 5, 2018

Six chances to live near Green-Wood Cemetery, from $1,035 a month

By
A rental building with some stellar amenities at 198 19th Street in a rapidly-developing section of Greenwood Heights is now accepting applications for six newly-constructed affordable units. The five-story residence is just a few blocks from Green-Wood Cemetery, the popular Park Slope and Gowanus neighborhoods, and the D and R trains. An impressive amenities package includes a common roof deck, gym and recreation space, basement storage, furnished common area, and washers and dryers in each unit. Qualifying New Yorkers earning 60 percent of the area median income can apply for the $1,035/month one-bedroom apartments and $1,175/month two-bedroom units.
Find out if you qualify
The Peninsula, a Hunts Point mixed-use complex on former juvenile jail site, gets new renderings

All renderings by BLA + WXY

January 5, 2018

The Peninsula, a Hunts Point mixed-use complex on former juvenile jail site, gets new renderings

By
Updated renderings have been released of The Peninsula, a $300 million project that will bring 740 affordable housing units to the site of the former Spofford Juvenile Detention Center in the Bronx neighborhood of Hunts Point. In addition to the 100 percent affordable housing, the five-acre site will contain 52,000 square feet of open and recreational space, a 48,000 square feet of community facility space and ground-floor retail space that will span 21,000 square feet. According to CityRealty, there will also be an 18,000 square foot wellness center operated by Urban Health Plan to provide residents with quality healthcare services.
Find out more
Report claims Mayor de Blasio inflated benefits of Stuyvesant Town sale to preserve affordable housing

Photo courtesy of Stuy Town

January 5, 2018

Report claims Mayor de Blasio inflated benefits of Stuyvesant Town sale to preserve affordable housing

By
The sprawling Stuyvesant Town complex on Manhattan's east side is no stranger to controversy and drama, and here's some more to add to the list. The city’s budget watchdog agency is saying that Mayor de Blasio’s office inflated the benefits of a deal to keep affordable housing at the complex in exchange for $220 million in taxpayer subsidies, according to the Daily News. This is based off the highly-publicized 2015 sale of Stuy Town, the biggest single deal done under de Blasio’s affordable housing plan. But a new report by the Independent Budget Office believes the city is getting less from the complex sales agreement than it claimed.
Get the scoop
Snag an affordable one-bedroom in Bed-Stuy for $985/month

Image courtesy of StudiosC

January 4, 2018

Snag an affordable one-bedroom in Bed-Stuy for $985/month

By
A Stuyvesant Heights building located in the heart of Brooklyn, nestled in the middle of Bushwick, Bed-Stuy and Williamsburg, is now accepting applications for nine affordable units. The five-story rental at 869 Park Avenue sits between two busy thoroughfares, Marcus Garvey Boulevard and Broadway. Qualifying New Yorkers earning 60 percent of the area median income can apply for the $985/month one-bedroom apartments. 
Find out if you qualify
Lottery opens for 130 mixed-income apartments in the South Bronx, from $865/month

Rendering courtesy of Dattner Architects

January 3, 2018

Lottery opens for 130 mixed-income apartments in the South Bronx, from $865/month

By
A Dattner Architects-designed building at 491 Gerard Avenue in the Mott Haven section of the South Bronx is now accepting applications for 130 low- and moderate-income apartments. Developed by Signature Urban Properties and Monadnock Construction, the 12-story, 136-unit building is part of a bigger mixed-use complex. Qualifying New Yorkers earning 60 and 90 percent of the area median income can apply for units ranging from a $865/month studio to a $1,831/month three bedroom.
Find out if you qualify
Five chances to live near Columbia’s Manhattanville campus from $950/month

Photo of 517 West 134th Street via CityRealty

January 2, 2018

Five chances to live near Columbia’s Manhattanville campus from $950/month

By
Applications are now being accepted for five affordable units at 517 West 134th Street, in the burgeoning Manhattan neighborhood of West Harlem. Developed by KP Developers, the eight-story building sits between Amsterdam Avenue and Broadway, near Columbia University's Manhattanville Campus. Qualifying New Yorkers earning 60 percent of the area median income can apply for four $950/month one-bedrooms and one $1,050/month two-bedroom.
Find out if you qualify
Battle heats up over East Harlem park where a 760-foot tower is planned

Rendering of 321 East 96th Street via Perkins Eastman Architect

January 2, 2018

Battle heats up over East Harlem park where a 760-foot tower is planned

By
Located on Second Avenue between East 96th Street and East 97th Street, the Marx Brothers Playground boasts a jungle gym and ball fields spread out over 1.5 acres. The East Harlem green space, which first opened in 1947 on land formerly occupied by the car barn of the Second Avenue Railway, has found itself at the center of a debate between preservationists and developers. As the New York Times reported, park advocates and city officials disagree on whether the parcel is considered a park or a playground. If it's a park, any plans to modify it require the approval from the State Legislature and the governor; playgrounds do not. While it seems irrelevant, the categorization of the land will determine whether a 68-story mixed-use tower will rise on its site, a project backed by city officials and affordable housing advocates.
More this way
New legislation will a create a real-time portal for affordable housing in NYC

Photo via Wikimedia

December 20, 2017

New legislation will a create a real-time portal for affordable housing in NYC

By
During its last full-body meeting of the year, the New York City Council passed a bill Tuesday that makes it easier for low-income renters to find apartments by creating a user-friendly online portal. Under the new legislation, landlords who receive tax breaks in exchange for renting below-market units will be required to register units each year with the city’s Department of Housing Preservation and Development. As the Wall Street Journal reported, the department would list these units online and match potential tenants by their income with apartments.
Learn more
On the site of a former Bronx church, 76 affordable units are up for grabs, from $718/month

Rendering of 1180 Fulton Avenue via Magnusson Architecture and Planning

December 14, 2017

On the site of a former Bronx church, 76 affordable units are up for grabs, from $718/month

By
St. Augustine Apartments, a brand new affordable multi-family building in the Morrisania neighborhood of the Bronx, is accepting applications for 76 one-, two- and three-bedroom apartments. Located on the site of the demolished St. Augustine's Church at 1180 Fulton Avenue, the complex, designed by Magnusson Architecture and Planning, contains 112 units and measures slightly more than 117,000 square feet. Qualifying New Yorkers earning 50 and 60 percent of the area median income can apply for affordable units ranging from a $718/month studio to a $1,229 three-bedroom.
Find out if you qualify
Lottery opens for 98 units at site two of Lower East Side’s Essex Crossing, from $519/month

Rendering of 115 Delancey Street via Handel Architects

December 13, 2017

Lottery opens for 98 units at site two of Lower East Side’s Essex Crossing, from $519/month

By
Applications are now being accepted for 98 mixed-income apartments located at 115 Delancey Street, known as site two of the sprawling nine-site Essex Crossing Development. The 26-story tower is the tallest building on the $1.9 billion complex and will host the Essex Street Market and a 14-screen Regal Cinemas Theater. Qualifying New Yorkers earning 40, 60, 120 and 165 percent of the area median income can apply for units ranging from a studio for $519/month to a three-bedroom for $3,424/month.
Find out if you qualify
Apply for a mixed-income unit at CetraRuddy’s Hell’s Kitchen rental, from $596/month

Rendering of 572 Eleventh Avenue courtesy of the Moinian Group

December 13, 2017

Apply for a mixed-income unit at CetraRuddy’s Hell’s Kitchen rental, from $596/month

By
A CetraRuddy-designed building at 572 Eleventh Avenue is now accepting applications for 46 newly constructed, mixed-income studios, one- and two-bedroom apartments. Developed by the Moinian Group, the Hell's Kitchen rental, which recently topped out this June, rises 13 stories high and features 10,000 square feet of commercial retail at its cellar and ground floors. Qualifying New Yorkers earning 40, 60 and 130 percent of the area median income can apply for units ranging from a studio for $596/month to a two-bedroom for $2,715/month.
Find out if you qualify
City will convert cluster apartments occupied by homeless New Yorkers into affordable housing

Photo via Public Domain Pictures

December 12, 2017

City will convert cluster apartments occupied by homeless New Yorkers into affordable housing

By
Mayor Bill de Blasio announced on Tuesday another plan aimed at adding to New York City's affordable housing inventory, while combating homelessness. As the New York Times reported, the plan converts hundreds of cluster apartments, occupied by homeless families across the city, into permanently affordable units. Cluster or scatter-site housing are typically private apartments in buildings in which landlords rent out to the city to house homeless people. To lower the number of homeless New Yorkers and add more affordable housing, the city's plan could potentially place 3,000 people into permanent housing, allowing some homeless families to remain in the same apartment and not be considered homeless any longer by the city.
Find out more
De Blasio launches new programs to make affordable homeownership easier for New Yorkers

Image: Ed Reed/Mayoral Photography Office

December 11, 2017

De Blasio launches new programs to make affordable homeownership easier for New Yorkers

By
In October, Mayor Bill de Blasio increased the goal of his ambitious affordable housing plan from 200,000 financed affordable homes to 300,000 by 2026. Expanding his Housing New York 2.0 initiative further, the mayor announced on Monday two new homeowner assistance programs, aimed at helping 2,100 New York City families own real estate and renovate homes over eight years.
More this way
Apply for 93 low- and middle-income apartments along the Grand Concourse from $822/month

Rendering via Douglaston Development

December 11, 2017

Apply for 93 low- and middle-income apartments along the Grand Concourse from $822/month

By
Applications are now being accepted for 93 newly constructed mixed-income apartments at 2605 Grand Concourse in the Bedford Park neighborhood of the Bronx. Built by Douglaston Development, the 12-story building is one of the first ground-up residential projects along this Bronx thoroughfare in decades. Qualifying New Yorkers earning 60, 100 and 130 percent of the area median income can apply for units ranging from $822/month studios to $2,190/month three-bedrooms.
Find out if you qualify
City will replace Nolita’s Elizabeth Street Garden with 121 affordable apartments for seniors

Rendering courtesy of Curtis + Ginsberg Architects

December 8, 2017

City will replace Nolita’s Elizabeth Street Garden with 121 affordable apartments for seniors

By
After years of public battles between open space advocates and public officials, the city announced on Friday that it will create an affordable senior housing development at the site of the Elizabeth Street Garden in Nolita. Dubbed Haven Green, the project will be an energy-efficient passive house, with units reserved for seniors earning between $20,040 and $40,080, as well as formerly homeless seniors. According to the Daily News, the project calls for 121 deeply affordable units with 7,600 square feet of public open space in a new garden. Developed by Pennrose Properties, Habitat for Humanity New York City, and RiseBoro Community Partnerships, Haven Green will use 60 to 70 percent less energy than a standard building of its kind and will be designed to manage and reuse stormwater through permeable surfaces.
More this way
Lottery opens for middle-income condos at Essex Crossing’s 242 Broome, from $224,861

242 Broome Street rendering via SHoP Architects

December 1, 2017

Lottery opens for middle-income condos at Essex Crossing’s 242 Broome, from $224,861

By
A high-end condo in a SHoP Architects-designed building on the hip Lower East Side for just $224,000? Yep, you read that right, and this middle-income lottery is now live for mega-development Essex Crossing's 242 Broome. The only one of the development's 10 towers to offer condos, 242 Broome will have a total of 55 residential units, 11 of which are available to households earning no more than 125 percent of the area median income and range from $224,861 one-bedrooms to $331,703 three-bedrooms (quite the deal considering market-rate units are going from $1.3 to $7 million). In addition to amenities like a roof deck, gym, and entertainment lounge, the 14-story building will also include a five-story base with retail and commercial tenants including The International Center of Photography Museum and Splitsville Luxury Lanes Bowling Alley.
Find out if you qualify
Pitch a story icon

Pitch a Story

We love to hear from you!

"*" indicates required fields

Interested in seeing the property in person?

It’s free, with no obligation.

CityRealty Logo

"*" indicates required fields

or Call (212) 755-5544

Interested in seeing the property in person?

It’s free, with no obligation.

CityRealty Logo

Distinctive Post Form

"*" indicates required fields

or Call (212) 755-5544
Contact us image

Get in Touch

We love to hear from you!

"*" indicates required fields

Send us a tip image
Delivering New York stories focused on design, lifestyle & real estate.

Send us a Tip

We love to hear from you!

"*" indicates required fields

Interesting in learning more about purchasing a new home?

Let us know what you are looking for and we’ll help you find the home of your dreams. It’s free, with no obligation.

CityRealty Logo
or Call (212) 755-5544

Thinking about selling your home?

We’ll provide current market comps and connect you with a trusted expert.

CityRealty Logo

Sell a Home (Footer)

"*" indicates required fields

or Call (212) 755-5544

Before You Move On
from this Page.

Subscribe for NYC's Lastest Design, Lifestyle,
and Real Estate Trends!

No Worries. We Don’t Spam.

By providing your email address, you agree to our Terms of Use and Privacy Policy.
You can unsubscribe at any time.

Your Passport to NYC:
Subscribe for Local Insights and Stories!

No Worries. We Don’t Spam.

By providing your email address, you agree to our Terms of Use and Privacy Policy.
You can unsubscribe at any time.