Affordable Housing

Live in Long Island City’s luxurious rental tower, the Hayden, from $947/month

Rendering of the Hayden, courtesy of Rockrose Development

September 21, 2017

Live in Long Island City’s luxurious rental tower, the Hayden, from $947/month

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The second batch of affordable apartments is now available at the Hayden, a 50-story, 924-unit highrise in the blossoming neighborhood of Long Island City in Queens. Designed by SCLE Architects, the building at 43-25 Hunter Street features amenities like a fitness center, yoga room, basketball court, rooftop solarium, screening room, library and more. Qualifying New Yorkers earning between $34,355 and $57,240 can apply for $947 per month studios, $1,017 per month one-bedrooms and the $1,230 per month two-bedrooms.
Find out if you qualify
Study says Mayor de Blasio’s affordable housing plan ignores low-income New Yorkers

Photo via Wiki Commons

September 19, 2017

Study says Mayor de Blasio’s affordable housing plan ignores low-income New Yorkers

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Despite making affordable housing a policy priority, Mayor Bill de Blasio’s plan falls short for the poorest New Yorkers, a new study says. The report, released by the Real Affordability for All (RAFA) coalition last week, says low- and moderate-income households across the city face a worsening affordability crisis (h/t DNAinfo). Although the city’s lowest earners experience the largest gap between incomes and housing costs, de Blasio’s affordable housing plan, which aims to develop or preserve 200,000 affordable units over 10 years, sets aside more units for middle-income households than low-income ones.
Find out more
Apply for five affordable apartments in East Harlem, from $867/month

The East Harlem neighborhood, via Wikipedia

September 18, 2017

Apply for five affordable apartments in East Harlem, from $867/month

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Applications are now being accepted for five newly constructed, affordable units at 230 East 124th Street in the Manhattan neighborhood of East Harlem. Located between Third and Second Avenues, the six-floor building features 20 apartments. Qualifying New Yorkers earning 60 percent of the area median income can apply for the units that range from a $867 per month studio to a $1,123 per month two-bedroom.
Find out if you qualify
Map shows how many years of life a house costs, and in NYC the numbers aren’t pretty
September 18, 2017

Map shows how many years of life a house costs, and in NYC the numbers aren’t pretty

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New Yorkers know that taking on a mortgage in the city is no easy feat. But a recent map shows that, compared to the rest of the country, we'll spend many more years than most everyone else (except San Franciscans) in our attempts to pay it off. This map, which measures "mortgage magnitude," looked at the median local income and median local home value to show the relative affordability of property in each US county. The value of the average property was then expressed in the number of years salary it costs. In some counties, a house will only set you back a total of one year's pay. But as you move out toward costal cities like New York, that number gets dramatically higher.
Here's how many years New Yorkers should expect
Waitlist opens for middle-income apartments near Lincoln Center

One Columbus Place via Brodsky

September 15, 2017

Waitlist opens for middle-income apartments near Lincoln Center

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Back in April, 6sqft shared an open waitlist for low-income units at the Brodsky Organization's One Columbus Place. The mid-90s tower, located at the amazing intersection of Lincoln Center, Central Park, and the Upper West Side, has 700 total apartments, with 179 reserved as below-market rate. The second batch of affordable units, these set aside for middle-income New Yorkers earning 130 percent of the area median income, are now also accepting applications for a 7,500-name waitlist for future vacancies. They range from $2,116/month studios to $2,733/month two-bedrooms, compared to the building's market-rate listings that range from $3,200/month studios to $6,300/month two-bedrooms.
Find out if you qualify and how to get your name on the list
Affordable housing lottery opens for 19 units at new South Slope rental, from $813/month

635 Fourth Avenue via ND Architecture and Design

September 12, 2017

Affordable housing lottery opens for 19 units at new South Slope rental, from $813/month

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This stacked, Tetris-like facade is the type of thing we're used to seeing in neighborhoods like Williamsburg and Long Island City, but ND Architecture and Design has brought a similar look to the less-trendy and more industrial area where South Slope meets Gowanus. The mixed-use building known as the Alexy was recently completed and features commercial space, parking, and 95 rental units, a mix of market rate and affordable apartments. The latter group of 19 residences, ranging from $813/month studios to $1,016/month two-bedrooms, is now accepting applications from New Yorkers earning 60 percent of the area median income, quite the deal considering market-rate units are renting from $2,400 to $5,100 a month.
Find out if you qualify and check out the amenity package
Crown Heights’ controversial homeless shelter development opens lotto for 33 low-income units

Rendering via Think Architecture and Design

September 7, 2017

Crown Heights’ controversial homeless shelter development opens lotto for 33 low-income units

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Facing an unprecedented homelessness problem, in February, Mayor de Blasio announced plans to open 90 new shelters and expand 30 existing ones. But when it came down to which neighborhoods would house the developments, it became a not-in-my-backyard issue, especially in Crown Heights, an area already heavy with shelters and transitional houses, where the Mayor said three of the first five projects would be built. The animosity intensified shortly thereafter when it was announced that one such shelter would open in a new building at 267 Rogers Avenue, originally planned as a condo. But despite opposition from local residents and a temporary restraining order, the building began welcoming tenants over the summer, with space for 132 homeless families and another 33 units reserved for low-income New Yorkers. The latter, set aside for those earning 60 percent of the area median income, are now available through the city's affordable housing lottery and range from $931/month one-bedrooms to $1,292/month three-bedrooms.
See the qualifications
Trump could earn $14M from the sale of a Brooklyn housing complex he co-owns

Starrett City photo via Matt Green on Flickr, President Trump photo via Wikimedia

September 7, 2017

Trump could earn $14M from the sale of a Brooklyn housing complex he co-owns

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The owners of Starrett City, the largest federally subsidized housing project in the country, recently announced they found a buyer for the $850 million Brooklyn development. Located in East New York, Starrett City sits on 145 acres and includes 5,881 affordable apartments for 15,000 residents. As the New York Times reported, President Donald Trump partially owns the housing development and will benefit from the sale of the property. Since the sale requires federal approval from the Department of Housing and Urban Development and state officials, this puts the president on both sides of the agreement, creating a potential conflict of interest for him.
Find out more
Nine chances to live in a new Bushwick building for just $1,039/month

Rendering via Charles Mallea Architect

September 5, 2017

Nine chances to live in a new Bushwick building for just $1,039/month

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Permits were first filed for a new rental building at 810 Flushing Avenue in Bushwick, near the Bed-Stuy border and the Woodhull Medical Center, back in 2014, and nearly four years later the affordable housing lottery is open to New Yorkers earning 60 percent of the area median income for its nine $1,039/month units. In addition to being just a few blocks from the J,M,Z trains, the building offers a roof deck, fitness center, attended parking, and a two-story glass retail base. Apartments have open kitchens with granite counters and stainless steel appliances, hardwood floors, high ceilings and oversized windows, and, for certain residences, private balconies.
Find out if you qualify
FREE RENT: This week’s roundup of NYC rental news

Images (L to R): THE DEAN, 88 LEONARD STREET, 33 BOND and TRIBECA TOWER

September 2, 2017

FREE RENT: This week’s roundup of NYC rental news

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Images (L to R): THE DEAN, 88 LEONARD STREET, 33 BOND and TRIBECA TOWER Leasing Update: 555Ten Offers 2 Months Free + Launches Affordable Housing Lottery [link] A Church from 1869 Is Now Quirky Loft Rentals with Cast Iron Catwalks – Flex Units Now Available [link] 33 Bond Opens Debuting Dozens of Units + New […]

Mixed-income Mott Haven building opens lottery for 163 affordable units, starting at $788/month
September 1, 2017

Mixed-income Mott Haven building opens lottery for 163 affordable units, starting at $788/month

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Not only has Mott Haven been dubbed the next "it" 'hood, but it's become one of the city's top areas for large, new affordable housing sites. One such development, the three-building Crossroads Plaza, is a $157 million project from Douglaston Development that will all together bring 425 units of affordable housing to the South Bronx, as well as a 20,000-square-foot public plaza. The first building opened in 2015, the second the following year, and now the city is accepting applications for the final phase at 828 East 149th Street. The 163-unit building is open to those earning 60, 100, 110, and 120 percent of the area median income, and apartments range from $788/month studios to $2,120/month three-bedrooms.
Find out if you qualify here
City will convert long-vacant Greenpoint Hospital into hundreds of affordable housing units

View of the vacant hospital complex, via Google Street View

August 31, 2017

City will convert long-vacant Greenpoint Hospital into hundreds of affordable housing units

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It's been 35 years since the Greenpoint Hospital shut its doors, since which time the city has tried and failed to convert the vacant 146,100-square-foot complex into affordable housing. But Mayor de Blasio, explaining that the "the need for affordable housing in Greenpoint and Williamsburg is too high to leave even one stone unturned," will now seek proposals from developers to transform the site into anywhere between 300 to 600 below-market rate apartments and supportive housing, along with green space, commercial space, and a relocated 200-bed shelter and clinic (h/t DNAinfo).
The past and future of the site
Apply for 22 energy-efficient apartments at a passive house in the Bronx from $865/month

Rendering of 3365 Third Avenue courtesy of Curtis+Ginsberg Architects

August 31, 2017

Apply for 22 energy-efficient apartments at a passive house in the Bronx from $865/month

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Applications are currently being accepted for 22 affordable apartments at 3365 Third Avenue in the Bronx neighborhood of Morrisania. Developed by Bronx Pro Group and designed by Curtis+Ginsberg Architects, the project meets the passive house standard by featuring energy-efficient measures such as fiberglass triple-pane windows, LED lighting, and low-flow water fixtures -- all of which will result in energy reduction savings as high as high as nearly 90 percent. Qualifying New Yorkers earning 60 or 100 percent of the area median income can apply for the units, ranging from $865/month studios to$1,969/month four-bedrooms.
Find out if you qualify
Lottery opens for 74 affordable units at new Downtown Brooklyn rental, from $947/month

Image via Handel Architects

August 31, 2017

Lottery opens for 74 affordable units at new Downtown Brooklyn rental, from $947/month

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At the beginning of the year, Downtown Brooklyn's new 26-story rental tower at 210 Livingston Street, best known for having its own subway entrance, topped out, and it's now accepting applications for the 20 percent of units reserved as affordable housing. These 74 brand-new apartments are set aside for those earning 60 percent of the area median income and range from $947/month studios to $1,230/month two-bedrooms. In addition to the super-convenient location, all tenants will have access to an impressive suite of amenities (though many will require an additional fee), including a courtyard, 15th-floor landscaped terrace, roof deck with grills and a sun deck, lounge, game room, business center, laundry room, fitness center, and an underground parking garage.
Find out if you qualify
107 affordable units up for grabs in Brownsville’s Prospect Plaza, starting at $558/month

428 Saratoga Avenue, courtesy of Dattner Architects

August 30, 2017

107 affordable units up for grabs in Brownsville’s Prospect Plaza, starting at $558/month

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Back in April of 2016, 6sqft shared the first affordable housing lottery to come online at the Dattner Architects-designed Prospect Plaza. Located in the Brownsville section of East New York--which has seen a slew of new below-market rate housing after a controversial rezoning--the 4.5-acre development will include a total of 364 units of of affordable and public housing, a 22,000-square-foot supermarket, 12,000-square-foot community facility, and a rooftop greenhouse. As of today, New Yorkers earning 40, 50, and 60 percent of the area median income can apply for 107 of these apartments at 428 Saratoga Avenue, ranging from $558/month one-bedrooms to $1,224/month three-bedrooms.
Find out if you qualify
Apply for 12 affordable apartments in Bed-Stuy, from $1,230/ month

27 Albany Avenue rendering via Loci Architecture

August 30, 2017

Apply for 12 affordable apartments in Bed-Stuy, from $1,230/ month

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Applications are currently being accepted for 12 affordable apartments at 27 Albany Avenue in the Brooklyn neighborhood of Bedford-Stuyvesant. Located on the bustling corner of Fulton Street, the building rises 10 stories with 50 residences. Amenities include on-site parking, a virtual doorman, package room, fitness center, communal terraces and a lounge. New Yorkers earning 80 percent of the area median income can apply for five one-bedrooms for $1,230 per month and seven two-bedrooms for $1,486 per month.
Find out more
Congressman introduces bill that would offer tax credits to rent-burdened Americans

Photos via Wikimedia (l) and Pixbay (r)

August 25, 2017

Congressman introduces bill that would offer tax credits to rent-burdened Americans

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Rep. Joeseph Crowley announced federal legislation this week that aims to create two refundable tax credits for low- and middle-income renters. For rental households across the U.S. with incomes of $125,000 or less, the Rent Relief Act would provide them with one of two tax credits, if the bill becomes law. According to the Democratic congressman, who represents part of the Bronx and Queens in New York’s 14th congressional district, roughly 111 million Americans live in rental housing, with about two-thirds of all households in New York City currently renting, twice the national average.
Find out more
New renderings of South Bronx passive house feature vegetated roof deck and solar shading

Rendering of 425 Grand Concourse, courtesy of Dattner Architects

August 24, 2017

New renderings of South Bronx passive house feature vegetated roof deck and solar shading

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Adding to the passive house development push happening in New York City, Dattner Architects released new renderings of their energy-saving project at 425 Grand Concourse in the South Bronx’s Mott Haven neighborhood. Formerly the site of the Gothic-style P.S. 31, the mixed-use and mixed-income development will sit at the corner of Grand Concourse and East 144th Street. According to CityRealty, when it opens in 2020, this project will be the tallest in Mott Haven and the largest development of its kind in the country (though East Harlem's massive Sendero Verde complex will steal the title soon after). The highly-insulated building features a vegetated roof deck, solar shading, solar panels, cogen power generation, and an energy recovery system.
See the design
Chinatown’s low-income senior building is taking applications for the first time in 25 years

96 Baxter Street via Google Street View

August 24, 2017

Chinatown’s low-income senior building is taking applications for the first time in 25 years

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The 13-story, 88-unit rental building for low-income seniors at 96 Baxter Street in Chinatown has opened its waiting list to new applicants this week for the first time in 25 years (h/t Lo-Down). Only people aged 62 and older (over 18 if they are mobility impaired) can apply. The units rent for 30 percent of one's annual income; studios are available to those earning less than $33,400 a year and one-bedroom to those earning less than $38,200. The waitlist originally contained over 3,000 names, a number which now stands at only a handful. Among the building's current tenants, two are reportedly 108 years old. The youngest residents are about 85.
See the qualifications
If you don’t mind sharing a bathroom, live in happening Hell’s Kitchen for $714/month

View of 330-332 West 51st Street via Google Stret View

August 23, 2017

If you don’t mind sharing a bathroom, live in happening Hell’s Kitchen for $714/month

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Just about a year ago, nine $774/month SROs at Stardom Hall at 330 West 51st Street became available through the city's affordable housing lottery. While it was quite the deal--more so for its location on what is arguably Hell's Kitchen's most foodie-friendly block--the units had shared-floor bathrooms and just kitchenettes. But if those aren't deterrents for you, 13 more units at the building next door, 332, are now up for grabs, asking $714/month. They're available to single persons currently residing in Manhattan Community Board 4 and earning 60 percent of the area median income.
See the qualifications
90 apartments up for grabs at Extell’s 555Ten in Hudson Yards from $613/month
August 22, 2017

90 apartments up for grabs at Extell’s 555Ten in Hudson Yards from $613/month

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Applications are currently being accepted for the second phase of affordable apartments at 555 Tenth Avenue and 41st Street in booming Hudson Yards on Manhttan's West Side. Extell Development’s luxurious 610-foot-tall, the mixed-use tower includes 56 stories and spans 725,000 square feet. The amenities seem endless, with residential access to the building’s 24-hour fitness center with a yoga studio, indoor pool, outdoor rooftop pool, outdoor landscaped space, a bowling alley and a putting green. New Yorkers earning 40 and 120 percent of the area median income can apply for units ranging from $613 per month studios to $2,875 three-bedrooms.
Find out if you qualify
Loss of affordability at Coney Island’s Trump Village highlights issues with the city’s Mitchell-Lama program

Photo of Trump Village West via Trump 4 West

August 21, 2017

Loss of affordability at Coney Island’s Trump Village highlights issues with the city’s Mitchell-Lama program

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Built by Donald Trump’s father, Fred, in 1964, Trump Village in Coney Island features seven 23-story towers with 3,700 co-op and rental apartments. To pay for the $70 million project, which would total $564 million today, Fred Trump used Mitchell-Lama, a government program that granted financial incentives in exchange for setting aside affordable housing. The typical rental contract lasts 20 years, and after that, landlords can opt-out of the program. As Crain’s reported, Trump Village became one of the first co-ops to exit the Mitchell-Lama program in 2007, letting residents sell their apartments for whatever the market allowed. Owners of 38,000 Mitchell-Lama apartments, representing 28% of the program's housing, have left in the past 20 years. But as the value of these apartments, which were once affordable, keeps rising, New Yorkers looking for affordable housing there, and other former Mitchell-Lama apartments, may be out of luck.
Find out more
Apply for 43 new affordable units in Highbridge, from $558/month

Photo by Shinya Suzuki / Flickr

August 17, 2017

Apply for 43 new affordable units in Highbridge, from $558/month

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Applications are now being accepted for 43 newly constructed units at the Excelsior II, an affordable housing building in the Highbridge section of the Bronx. Designed by SLCE Architects, the building at 120-126 West 169th Street rises nine stories and features 60 units. New Yorkers earning 40, 50 and 60 percent of the area median income can apply for units ranging from $558 per month one-bedrooms to a $1,065 per month two-bedrooms.
Find out if you qualify
108 affordable apartments up for grabs in Downtown Brooklyn’s 33 Bond Street, from $613/month

Rendering via TF Cornerstone

August 17, 2017

108 affordable apartments up for grabs in Downtown Brooklyn’s 33 Bond Street, from $613/month

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Applications are currently being accepted for the second phase of affordable apartments at 33 Bond Street, a building nestled among the bustling neighborhoods of Downtown Brooklyn, Boerum Hill and Cobble Hill. The 25-story building sits just one or two blocks from all major subway lines and is within walking distance to Fort Greene Park and the Barclays Center. New Yorkers earning 40 and 120 percent of the area median income can apply for units ranging from a $613 per month studio to a $2,519 per month two-bedroom.
Find out if you qualify
Apply for 88 affordable apartments in Downtown Jamaica, from $494/ month

92-61 165th Street, Rendering via NHS Development Corporation

August 16, 2017

Apply for 88 affordable apartments in Downtown Jamaica, from $494/ month

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With new residential and commercial developments and transit options, Jamaica, Queens is on the brink of renewal, after many years of neglect. Adding to the area’s revitalization, the construction of a new 14-story affordable housing building was finished last fall. Now, applications are being accepted at the building for 88 affordable apartments at 92-61 165th Street in Jamaica Center, Queens. New Yorkers earning 40 and 60 percent of the area median income can apply for units ranging from a $494 per month studio to a $1182 per month three-bedroom.
Find out if you qualify
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