Affordable Housing

Live in a Dattner Architects-designed affordable rental in the South Bronx, from $864/month

Rendering of East 162nd Street Court via L&M Development

November 10, 2017

Live in a Dattner Architects-designed affordable rental in the South Bronx, from $864/month

In a partnership between L&M Development and B&S Supportive Services for the Underserved, a new 12-story affordable housing project is now accepting applications for 88 units at 294 East 162nd Street. Designed by Dattner Architects, the South Bronx building, called East 162nd Street Court, offers 126 mixed-income rental apartments, with 37 reserved for formerly homeless families. The remaining units available will be set aside for New Yorkers earning 60 and 80 percent of the area median income for units ranging from an $864 per month studio to a $1,829 three-bedroom.
Find out if you qualify

Affordable Housing

Lottery opens for 180 affordable units near the Bronx Zoo, from $396/month

The Bronx Zoo, courtesy of Julienne Schaer on NYC &C Company

November 7, 2017

Lottery opens for 180 affordable units near the Bronx Zoo, from $396/month

By Devin Gannon

Applications are currently being accepted for 180 newly constructed, affordable units in the West Farms neighborhood of the Bronx. The building at 1939 West Farms Road and 1926 Longfellow Avenue features an on-site super, security cameras, outdoor recreation space and on-site laundry. Qualifying New Yorkers earning 30, 40, 50, 60 and 120 percent of the area median income can apply for units ranging from a $396 per month one-bedroom to a $1,898 per month three-bedroom.
Find out if you qualify

Affordable Housing

Nearly 100 middle-income units sit vacant at Brooklyn’s Pacific Park development

Photo of 535 Carlton Avenue, courtesy of Max Touhey for Greenland Forest City Partners

November 6, 2017

Nearly 100 middle-income units sit vacant at Brooklyn’s Pacific Park development

By Devin Gannon

In July 2016, the lottery opened for 298 mixed-income rentals at 535 Carlton Avenue, part of the sprawling Pacific Park complex, in Brooklyn. But now, more than a year later, about 95 units remain vacant at the Prospect Heights site, as City Limits reported. Despite over 93,000 New Yorkers applying for the nearly 300 units within just eight weeks, the applicants were rejected because they did not make enough money to qualify for those specific units. The 95 vacancies, the most expensive apartments at Pacific Park, are reserved for households that earn between 135 and 165 percent of the area median income, which translates to $74,606 and $173,415 annually. Unable to secure tenants for this income bracket, developer Greenland Forest City Partners (GFCP) placed advertisements for the units on market-rate real estate websites.
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Affordable Housing

More affordable senior housing units planned for Essex Crossing development

New rendering of 140 Essex Street courtesy of Beyer Blinder Belle

November 6, 2017

More affordable senior housing units planned for Essex Crossing development

By Devin Gannon

Thanks to a $34 million loan from Wells Fargo, Delancey Street Associates closed last week on financing the construction of a 100 percent affordable senior building at 140 Essex Street, site 8 of the 1.9 million-square-foot Essex Crossing development. Originally, the project called for an 80/20 condo building, but developers decided to add 61 more affordable units to the building, bringing the number of affordable rentals at the Lower East Side complex to 561 out of 1,078 total units. Designed by Beyer Blinder Belle, the building at 140 Essex will rise 8 stories and include 92 affordable homes for seniors earning between 0 and 60 percent of the area median income, as well as 9,600 square feet of retail on the ground floor. Construction will begin soon, with an expected opening date sometime in 2019.
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Jane Jacobs-developed West Village Houses may be replaced by luxury complex to preserve affordability

West Village Houses. Courtesy New York City Municipal Archives

November 3, 2017

Jane Jacobs-developed West Village Houses may be replaced by luxury complex to preserve affordability

By Michelle Cohen

As the clock ticks down on a significant and decades-old property tax break for residents of the 420-unit West Village Houses, developer Madison Equities has proposed a possible solution–with a price, Crain's reports. The unassuming affordable West Village cooperative located between West Street and Washington Street was developed in the 1970s by Jane Jacobs. The tax break expires in March, and residents are scrambling to find a solution to offset the impending increase in monthly fees. The development firm has attempted to entice shareholders with another option: an offer to purchase the buildings, demolish them, and allow current residents to snag affordable apartments in a new 42-building development that would span seven sites bounded by Washington, Morton, West and Bank streets. The new development, which would add yet another massive apartment complex to the low-rise neighborhood would also include luxury units.
What are the options?

Affordable Housing

Live across from Socrates Sculpture Park in Long Island City for $867/month

Rendering of Vernon Tower, via PACS Architecture and Excel Development

November 3, 2017

Live across from Socrates Sculpture Park in Long Island City for $867/month

By Devin Gannon

On Monday, the lottery opens for 21 affordable units in a new luxury residential building located on the border of the trendy Queens neighborhoods of Astoria and Long Island City. The mixed-use rental at 11-06 31st Drive, called the Vernon Tower despite being just eight-stories, sits directly across from Socrates Sculpture Park and just a few blocks from the Noguchi Museum and waterfront promenade. Qualifying New Yorkers earning 60 percent of the area median income can apply for the units ranging from $867/month studios to $1,123/month two-bedrooms.
Find out if you qualify

Affordable Housing

Live in the heart of Downtown Jamaica from $707/month

Rendering of 147-36 94th Avenue courtesy of GF55 Partners

November 2, 2017

Live in the heart of Downtown Jamaica from $707/month

By Devin Gannon

Applications are currently being accepted for 379 recently constructed, affordable units in a 26-story rental tower, called Alvista Towers, in Jamaica--a Queens neighborhood on the brink of transformation as new residential and commercial developments continue to take root. Amenities at this spacious housing complex located at 147-36 94th Avenue include on-site laundry, playroom, an outdoor courtyard, fitness center, yoga room and a rooftop terrace. Qualifying New Yorkers earning 50, 60, 120, 130 and 165 percent of the area median income can apply to units ranging from a $707 per month studio to a $2,611 per month two-bedroom.
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Affordable Housing

Mayor de Blasio doubles planned senior housing to 30,000 affordable apartments

Photo via NYC.GOV

November 1, 2017

Mayor de Blasio doubles planned senior housing to 30,000 affordable apartments

By Emily Nonko

Mayor de Blasio announced yesterday a new housing program, "Seniors First," that aims to double the city's commitment to senior housing over the mayor's extended 12-year Housing New York plan, with the goal of serving 30,000 senior households by 2026. This isn't the first time de Blasio has turned his focus to the affordable housing challenges for seniors; earlier this year he announced plans for two initiatives, including an Elder Rent Assistance program that would provide 25,000 seniors with monthly rental assistance of up to $1,300. And jumping on the bandwagon, too, are private developers. The Wall Street Journal reports that a Florida-based private-equity firm purchased a high-profile Brooklyn Heights apartment building--previously belonging to the Jehovah’s Witnesses--for about $200 million with plans to convert it into luxury senior housing.
Read more about the plans

Lottery opens for Extell’s Lower East Side affordable rental, from $947/month

Rendering of 229 Cherry Street, via Extell Development

November 1, 2017

Lottery opens for Extell’s Lower East Side affordable rental, from $947/month

By Devin Gannon

The housing lottery for Extell Development's affordable housing building in the Lower East Side has officially launched. The 13-story development at 229 Cherry Street and sits right next to the group's amenity-filled, luxury condo, One Manhattan Square. Designed by Dattner Architects, residents at 229 Cherry Street will have access to a landscaped terrace, fitness center and a lounge. Qualifying New Yorkers earning 60 percent of the area median income can apply for $947 per month studios, $1,017 per month one-bedrooms and $1,230 per month two-bedrooms.
Find out if you qualify

Affordable Housing

Snag an affordable apartment in this greenery-rich Williamsburg building, from $670/month

Rendering of 695 Grand Street courtesy of St. Nicks Alliance & NYHC

October 27, 2017

Snag an affordable apartment in this greenery-rich Williamsburg building, from $670/month

By Devin Gannon

Located just steps away from Williamsburg's bustling Metropolitan Avenue, a mixed-use building at 695 Grand Street is now accepting applications for 38 affordable units. Developed by St. Nicks Alliance and designed by Magnusson Architecture and Planning (MAP), the eight-story rental features sustainable design elements like a landscaped terrace and rooftop, as well as a vertical green wall planted trellis on its facade. Qualifying New Yorkers earning 30, 50, 60 and 130 percent of the area median income can apply for units ranging from $670/month studios to $2,056/month three-bedrooms.
Find out if you qualify

Affordable Housing

Mayor de Blasio announces new $250M program to keep Mitchell-Lama developments affordable

By Michelle Cohen

Mayor Bill de Blasio announced Thursday that the city will invest $250 million to protect 15,000 Mitchell-Lama apartments from going to market rate. The investment is part of the city's initiative to create or preserve 300,000 units of affordable housing by 2026. The new program will address over 15,000 Mitchell-Lama homes where affordability is at risk over the next eight years.
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Rendering of Elton Crossing courtesy of Magnusson Architecture and Planning

October 26, 2017

Live in a brand new building near Yankees Stadium, from $396/month

By Devin Gannon

Applications are now being accepted for 198 affordable units at Elton Crossing, a new mixed-use development in the Melrose neighborhood of the Bronx. The building at 899 Elton Avenue features on-site laundry, fitness rooms, a landscaped seating area, resident gardening program and spots for parking. Qualifying New Yorkers earning 30, 40 50, 60, and 100 percent of the area median income can apply for units ranging from a $396 per month one-bedroom to a $1,740 per month three-bedroom.
Find out if you qualify

Affordable Housing

15 chances to live around the block from Penn Station, from $621/month

Renderings of Chelsea29 courtesy of CBSK Ironstate & Hill West Architects

October 25, 2017

15 chances to live around the block from Penn Station, from $621/month

By Devin Gannon

Applications for the second batch of affordable apartments at Chelsea29, a 21-story rental building designed by Hill West Architects, are now being accepted (the first batch of 19 launched in May). The luxury tower sits at 221 West 29th Street, conveniently located near Penn Station, the art galleries of Chelsea, and soon-to-be bustling Hudson Yards. Residents will have access to a full-time attended lobby, roof terrace with spots for barbecuing, lounge, and a fitness center. New Yorkers earning 40 and 130 percent of the area median income can apply for 15 apartments ranging from $621/month studios to $2,743/month two-bedrooms.
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Affordable Housing

October 24, 2017

De Blasio increases affordable housing goal by 100,000 units

By Dana Schulz

When Mayor de Blasio took office in 2014, one of his main initiatives was his ambitious goal to build and protect 200,000 units of affordable housing over 10 years. But in an announcement today, he revealed that his administration will reach this goal two years early, by 2022, and therefore has set a new goal of 300,000 units by 2026, which will mean securing 25,000 affordable apartments annually by 2021. According to a press release, "the Mayor will unveil a battery of new programs designed to realize this new goal," one of which is the "Neighborhood Pillars" program that "deploy a $275 million public-private fund to target fast-changing neighborhoods where aggressive speculators threaten traditional rent-regulated apartment buildings."
All the details ahead

Live in a studio along the Williamsburg waterfront from $613/month

15 Dunham Place offers spectacular Williamsburg Bridge views, photo courtesy of C&C Apartment Management

October 16, 2017

Live in a studio along the Williamsburg waterfront from $613/month

By Devin Gannon

Applications are being accepted for studio rental apartments at 15 Dunham Place in the Williamsburg neighborhood of Brooklyn. Located along the waterfront between Broadway and South 6th Street, the 11-story building features 160 units, half of which are income-restricted. Amenities include a 13,000-square-foot common room on the third floor, a game room, doorman and bike storage. Qualifying New Yorkers earning between $22,903 and $26,720 can apply for studios listed at $613 per month, and those earning between $27,800 and $33,400 can apply for studios at $755.83 per month.
Find out if you qualify

Affordable Housing

For $1,015/month, live in a new Clinton Hill rental with private balconies

Renderings courtesy of STUDIOSC Architects

October 6, 2017

For $1,015/month, live in a new Clinton Hill rental with private balconies

By Dana Schulz

Move-ins started just a month ago at the new Brooklyn rental 10 Lexington Avenue, and now the lottery is opening for 17 $1,015/month one-bedrooms apartments in the building in the up-and-coming, post-industrial pocket between Clinton Hill and Bedford-Stuyvesant. According to the building website, all units have private outdoor space and amenities include a roof deck, courtyard, laundry room, fitness center, and lounge.
Find out if you qualify

Affordable Housing

Robert A.M. Stern’s affordable housing development in Brownsville approved by City Planning

Rendering of Edwin’s Place via Robert AM Stern Architects

October 4, 2017

Robert A.M. Stern’s affordable housing development in Brownsville approved by City Planning

By Devin Gannon

The New York City Planning Commission on Wednesday unanimously approved a proposal for 125 affordable units designed by Robert A.M. Stern Architects at 3 Livonia Avenue in Brownsville. The proposed Brooklyn development, called Edwin's Place, would feature an eight-story building with 69 one-, two-, and three-bedroom units and 56 studios. Edwin's Place is being developed by nonprofit partners Breaking Ground and the African American Planning Commission, Inc. The proposal, which won approval from Brooklyn Borough President Eric Adams and Community Board 16, will move on to the City Council for a final review.
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City Planning Commission approves East Harlem rezoning plan

Photo via Wikimedia

October 3, 2017

City Planning Commission approves East Harlem rezoning plan

By Devin Gannon

The City Planning Commission approved on Monday Mayor Bill de Blasio’s proposal to rezone East Harlem. With this crucial approval, the plan moves to the City Council for the last stage of the public review process, which began in April (h/t City Limits). The de Blasio administration’s rezoning efforts, run by the city’s Department of City Planning, aim to create affordable housing, create economic opportunities and restore East Harlem’s role as a major transit hub and job center. Over a decade, the plan hopes to create about 122,000-square-feet of stores and restaurants and 275,000-square-feet of office and industrial space.
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October 2, 2017

Lottery opens for 45 affordable units across from the Empire State Building, from $867/month

By Dana Schulz

Living amongst the hustle and bustle of the Empire State Building may not sound appealing at first, but when you can do it in a brand new, high-end tower for less than $900 a month, the option doesn't look half bad. Starting tomorrow, New Yorkers earning 60 percent of the area median income can apply for 45 apartments at Midtown West's sleek new rental 42 West 33rd Street. Not only do prices range from $867/month studios to $1,123/month two-bedrooms, but the 41-story glass building offers a host of amenities including a fitness center, golf simulator, swimming pool and sauna, dog wash, and outdoor terraces and gardens (some of these may require an additional fee).
Find out if you qualify

Affordable Housing

City will pay 12 months of rent for homeless families if they move out of NYC

Photo via Wikimedia

September 29, 2017

City will pay 12 months of rent for homeless families if they move out of NYC

By Devin Gannon

Over the past few years, homelessness in New York City has hit its highest levels since the Great Depression. According to the Coalition for the Homeless, over 60,500 homeless people slept in one of the city’s shelters in July. To reduce these numbers, Mayor de Blasio’s administration introduced a program this week that pays 12 months of rent upfront for homeless families who find an apartment outside of NYC, as WNYC reported.
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Every borough but Staten Island is underserved by city’s affordable housing plan, study says

Photo via Wikimedia

September 29, 2017

Every borough but Staten Island is underserved by city’s affordable housing plan, study says

By Devin Gannon

While in July Mayor Bill de Blasio touted his Housing New York initiative for creating the most affordable housing units since 1989, housing advocates are questioning how many of these units actually match the need of the most rent-burdened New Yorkers. According to a new analysis by the Association for Neighborhood and Housing Development (ANHD), city residents with the lowest income continue to be the most under-served by the affordable units created and/or preserved under de Blasio’s plan in every borough except Staten Island. New infographics from ANHD break down the share of each borough’s rent burdened population at each income level in comparison to the percentage of units created by de Blasio’s plan that serves them.
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September 29, 2017

Live among pro athletes at Midtown West’s Sky for just $613/month

By Dana Schulz

Thanks to the building’s Carmelo Anthony-designed NBA regulation-sized basketball court and 70,000-square-foot recreation facility, Midtown West's swanky Sky rental has been attracting pro athletes since it opened under the Moinian Group in 2015. Current residents include the Knicks' Kristaps Porzingis and Sasha Vujacic and Met pitcher A.J. Ramos. And now the 60-story glass slab tower at 605 West 42nd Street is offering 166 low- and middle-income units through the city's affordable housing lottery. Available to New Yorkers earning 40 or 120 of the area median income, the apartments range from $613/month studios to $2,520/month two-bedrooms. Comparatively, market-rate listings in the building range from $2,982/month studios to $4,260/month two-bedrooms.
Find out if you qualify

Affordable Housing

September 25, 2017

Lottery opens for 47 mixed-income units in East New York, from $558/month

By Dana Schulz

Four years ago, the Cypress Hills Local Development Corporation filed plans for a mixed-use building at 2501 Pitkin Avenue in East New York. The seven-story building known as the Pitkin Berriman Apartments has more than 3,000 square feet of street-level retail space that includes a grocery store, outdoor spaces such as a rear yard patio, playground, and garden, and affordable rentals. Those below-market-rate apartments are now available to low- and middle-income New Yorkers earning 40, 50, or 60 percent of the area median income through the city's housing lottery. The 47 available units range from $558/month one-bedrooms to $1,224/month three-bedrooms.
Find out if you qualify

Affordable Housing

Live a block away from Fort Greene’s DeKalb Market Hall for just $867/month

Via DeKalb Market Hall

September 22, 2017

Live a block away from Fort Greene’s DeKalb Market Hall for just $867/month

By Dana Schulz

With apartments ranging from $867/month studios to $1,123/month two-bedrooms, you might have some cash leftover to splurge on a Katz's pastrami sandwich, frozen key lime pie, or smoked rack of ribs at Brooklyn's largest food hall, DeKalb Market, just around the corner. You'll also be just two blocks from all the action at 9 DeKalb Avenue, the borough's future tallest tower. These 22 brand new residences at 237 Duffield Street, a 105-unit building designed by Karl Fischer, come online Tuesday through the city's affordable housing lottery and are reserved for New Yorkers earning 60 percent of the area median income.
Find out if you qualify

Affordable Housing

Huge South Bronx affordable housing complex will include Hip Hop Museum, food hall, and more

Rendering via S9 Architecture

September 22, 2017

Huge South Bronx affordable housing complex will include Hip Hop Museum, food hall, and more

By Dana Schulz

A vacant waterfront site in the booming South Bronx will give way to an enormous affordable housing complex with 1,045 residential units, a home for the much-hyped Universal Hip-Hop Museum, a waterfront esplanade and outdoor performance space, a multiplex theater, and, of course, a food hall, in this case curated by Anna Castellani of Brooklyn's wildly popular Dekalb Market Hall. The Real Deal reports that L+M Development Partners won the bid for the $200 million project, dubbed Bronx Point, which is located adjacent to Mill Pond Park and the 145th Street Bridge that runs into Manhattan.
More details ahead

Affordable Housing

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