Affordable Housing

September 23, 2016

Interactive map reveals NYC buildings where affordable housing is being threatened

New York City currently maintains about 178,000 affordable housing units, a number that is getting a boost with Mayor de Blasio's plans to preserve or build 200,000 more units over ten years. However, while de Blasio has put the preservation of affordable housing at the heart of his administration's work, there's still a lot of headway to be made, and the threat for displacement remains high for a considerable number of New Yorkers. But who is at most risk? A new map (h/t DNA Info) created by the Association for Neighborhood and Housing Development (ANHD) seeks to shed some light on what areas, and even more specifically, which buildings, will likely see rent hikes in the near future.
learn more about how the map was created
September 21, 2016

The Bronx’s Lambert Houses may be replaced with 1,665 affordable housing units

When it comes to the Mayor's affordable housing push, the Bronx is a force to be reckoned with. Not only were more than 43 percent of these units constructed in the first half of the year in the borough, but the City Council recently approved the La Central development, which will bring nearly 1,000 affordable units to Melrose under de Blasio’s mandatory inclusionary housing legislation. Though not part of MIH, another new project may one-up this, ushering in a whopping 1,665 affordable apartments on the site of the Bronx Zoo-bordering Lambert Houses. As CityRealty.com explains, "If proposals are approved, the new mega-development will feature more than double the affordable housing units and triple the existing retail space, create a new public school, and better integrate the community into the surrounding neighborhood."
Find out more
September 19, 2016

UES residents not happy about plan to turn their playground into high-end housing

This past spring, the de Blasio administration revealed plans to lease "empty" NYCHA land--parking lots and grassy areas--for the creation of market-rate housing, which certainly ruffled the feathers of affordable housing advocates. Though the proposal hasn't been set into motion city-wide, it is taking shape at one housing project on the Upper East Side, the Holmes Towers on 92nd to 93rd Streets and 1st to York Avenues. As the Daily News reports, NYCHA recently "described tenant support for the plan to let a developer build 300 units — half market rate, half affordable — where the Holmes playground now sits." But this "tenant stakeholder committee" says they feel very differently.
READ MORE
September 15, 2016

City Council approves La Central development, bringing nearly 1,000 affordable units to the Bronx

On Wednesday the New York City Council voted to approve the La Central development project in the Melrose section of the Bronx, the Daily News reports. The project, which will be designed by FXFOWLE architects, is slated to bring 992 apartments to the borough, all of them designated as affordable housing under Mayor de Blasio’s mandatory inclusionary housing (MIH) legislation. It is the biggest project to be approved to date under the MIH rules, which require some income restricted apartments in projects that need the city's approval.
Find out more and see more renderings
September 13, 2016

Apply for four affordable Bushwick apartments, starting at $856/month

Starting tomorrow, four affordable apartments are up for grabs at 44 Stanhope Street in central Bushwick through the city's affordable housing lottery. They include an $856/month studio and three $985/month one-bedrooms, reserved for those earning less than 60 percent of the area media income. The 20-unit building was recently constructed, and residents will be just five short blocks from the Central Avenue M train station in a low-scale residential area.
Find out if you qualify
September 12, 2016

Waitlist re-opens for affordable rentals in Kips Bay mid-rise, units from $952/month

NYC's Housing Connect has announced today that it will re-open its waiting list for Henry Phipps Plaza South, an affordable residence located at 330 East 26th Street in the heart of Kips Bay. The 14-story post-war building boasts a total of 407 units and was developed under the Federal housing financing program. As such, 290 of the units have been reserved for New Yorkers earning less than 50 percent of the area median income, and residents of this building will pay no more than 30 percent of their adjusted income on rent.
Income requirements and offers this way
September 12, 2016

Apply today for six units in prime Astoria, starting from $1,158/month

Starting today, qualified New Yorkers can apply for six affordable apartments at 28-22 Astoria Boulevard, a new mixed-use building just two blocks away from the Astoria Boulevard N, Q station and three blocks from the popular Bohemian Hall and Beer Garden. The seven-story, red-brick corner rental has 25 apartments with retail on the ground floor. The affordable units, reserved for those earning between 60 and 80 percent of the AMI, are three $1,158/month studios and three $1,330/month one-bedrooms, quite the deal considering market-rate units in the building are renting for around $3,000/month for one-bedrooms and $4,300/month for two-bedrooms.
Find out if you qualify here
September 8, 2016

Live in ODA’s stacked Long Island City rental for $850/month, lottery opens for 35 units

For those who think affordable housing and creative design don't go together, this Long Island City rental from ODA Architects could very well change their minds. Known as 2222 Jackson Avenue, the 175-unit, 11-story building features the firm's signature stacked cube shape and an exposed concrete facade that "maintains the structure’s seeming ability to change shape as natural light plays with the unique silhouette of the structure," according to the teaser site. As of tomorrow, 35 apartments here will be up for grabs through the city's affordable housing lottery. Units will range from $850/month studios to $1,274/month three-bedrooms, quite the deal considering residents will be living right across from MoMA PS1 in one of the city's trendiest 'hoods.
Find out if you qualify
September 2, 2016

Live in SOM’s new Hudson Yards project for $913/month, lottery launching for 169 units

6sqft revealed renderings at the beginning of the year of Skidmore, Owings & Merrill's Hudson Yards-adjacent, five million-square-foot Manhattan West project, which "will include two office towers, a rental tower with 844 apartments at 435 West 31st Street, retail space and a new landscaped public plaza designed by James Corner Field Operations, the firm responsible for the design of the High Line." As of Tuesday, September 6th, New Yorkers earning 60 percent of the area median income can apply for 169 affordable apartments in the residential tower; they'll range from $913/month studios to $1,359/month three-bedrooms.
Find out if you qualify here
August 30, 2016

Apply for 116 brand new apartments at an amenity-loaded UWS tower, units from $833

Starting tomorrow, qualifying New York residents can apply for 116 sparkling new apartments at 10 Freedom Place South in Christian de Portzamparc’s masterfully planned Riverside Center on the Upper West Side. The affordable offer is part of Silverstein Properties and the Elad Group's luxurious new Pelli Pelli Clarke-designed 1 West End Avenue project, built through the city's 421-a Inclusionary Housing Program. As such, the development's 365 units have been divided into two sections served by two separate entrances—116 affordable apartments located in the lower eight floors marked by stone, and 249 lavish market-rate units topping them off in the glass tower.
Pricing and income requirements this way
August 23, 2016

Housing lotto kicks off today for 27 Bed-Stuy/Ocean Hill apartments, from $834/month

As a subsection of Bed-Stuy—and with a location adjacent to rapidly gentrifying Bushwick—Ocean Hill has seen renewed interest from developers in the last few years. The approved rezoning of East New York in February has also given the neighborhood a big boost and brokers have started calling the area Brooklyn's "last frontier." As such, although the area median income remains very low ($35,000), home prices are quickly moving skyward and flipping is already in full effect. But not all is lost for those with lesser means. Starting today, qualifying NYC residents can apply for 27 newly constructed apartments at 1676 Broadway and 8 Rockaway Avenue. Apartments ranging from one- to three-bedrooms have been priced between $834 and $1,163 a month and are being offered to households earning between $30,000 and $63,000.
See more on if you qualify here
August 18, 2016

Cuomo wants to revive 421-a program with wage subsidies

One of the biggest snags in Mayor de Blasio's ambitious affordable housing plan (to add/preserve 200,000 such units over the next decade) has been his contention with Governor Cuomo over the city's 421-a program, which provides tax breaks for up to 25 years to new residential buildings that reserve at least 20 percent of units as affordable. The program expired in January, fueling concerns that permits for new rental units would drop as developers face skyrocketing land prices and be replaced with even more luxury condos. Now, after months of uncertainty, the Times reports that the Governor "has offered developers and union officials a wage subsidy for construction workers in the hopes of reviving [421-a]." His proposal was sent out as a single-page memo to residential developers on Tuesday night, presumably unbeknownst to de Blasio. Though it doesn't require union work force or prevailing wages, it does set a $65/hour minimum for projects south of 96th Street in Manhattan with 300 or more units and a $50/hour minimum for those of the same size along the Brooklyn and Queens waterfronts, $15 of which will be paid for by the state. These projects will be required to set aside 25 to 30 percent of units as below-market rate rentals.
More details ahead
August 16, 2016

City Says Yes to Bronx Complex, No to Flatiron Site for Affordable Housing Plan

The New York City Planning Commission has voted to approve a boutique condominium project on Manhattan's west side without the mayor's new Mandatory Inclusionary Housing plan in place, the New York Times reports; a much larger development in the Bronx also got the green light, and will be among the first to be included in the new affordable housing program. 6sqft reported previously on the controversy over whether a 17-story condominium slated to replace a parking lot and two low rise buildings at 6th Avenue at West 18th should be among the first recipients of the mayor’s new mandatory inclusionary housing (M.I.H.) program. Both the city and the project's developers, Acuity Capital Partners, made the argument that the proposed project is “more of a rejiggering of the zoning than an enlargement,” and therefore does not fall under the M.I.H. rules.
Find out more
August 15, 2016

Live on the High Line for $596/Month, Lottery Launching for 75 Units at New West Chelsea Tower

As 6sqft reported last summer, "To provide a gradual transition from mid-rise West Chelsea to the enormous skyscrapers planned for the Far West Side, the Bloomberg administration in 2005 allowed more generous zoning between West 28th and 30th Streets along Tenth and Eleventh avenues." One of the projects that took advantage of this upzoning was what's now being called Maestro West Chelsea, a 35-story, 220-unit, mixed-use tower at 323 Tenth Avenue (the tallest in the neighborhood) and its two adjoining 13-story buildings at 507 West 28th Street, which are providing an additional 155 units. The two portions are on either ends of the High Line and were designed by Avinash K. Malhotra Architects. Starting tomorrow, qualifying New Yorkers earning 40 or 50 percent of the area media income have the chance to apply for 75 affordable units in the buildings. They range from $596/month studios to $979/month two-bedrooms, and amenities include an attended lobby, recreation room, roof deck, fitness center, and parking (not to mention a much-sought-after location on one of the city's biggest outdoor attractions).
Find out if you qualify here
August 12, 2016

Live in Riverdale’s Historic Fieldston Neighborhood For Just $1,230 a Month

While the Bronx has been busting at the seams with affordable housing lotteries, most of them have been clustered in the southern areas of the borough. The latest, however, takes us up to the historic Fieldston neighborhood of Riverdale, considered one of the city’s best preserved early 20th century suburbs. These nine available units, $1,230/month one-bedrooms and $1,403/month two-bedrooms, may not be located in one of the area's signature revival style homes, but they are in a brand new building at 6155 Broadway, right on Van Cortlandt Park and steps away from the prestigious Horace Mann school.
See more interiors and find out if you qualify
August 11, 2016

Live in SHoP’s American Copper Buildings for $833/Month, Lottery Launching for 160 Affordable Units

One of the flashiest new residential projects on the horizon is the American Copper Buildings, the SHoP Architects-designed dancing towers along the East River that have become best known for their three-story, amenity-filled skybridge, the highest such structure in the city at 300 feet above street level. As 6sqft previously reported, when completed early next year, the shimmering buildings will offer 761 rental units, 20 percent of which will be earmarked for low-income households. This latter group of 160 apartments has now officially come online through the city's affordable housing lottery, ranging from $833/month studios to $1,247/month three-bedrooms.
Find out if you qualify here
August 11, 2016

135 Units of Affordable Housing Planned for the Coney Island Boardwalk

In 2009, former Mayor Bloomberg rezoned the Coney Island waterfront to accommodate new residential and commercial development. While the city has moved ahead to build more amusement park rides at this popular summer destination, there hasn't been an explosion of new residential development since the rezoning. But plans are moving ahead for a nine-story building designed to hold 135 affordable and supportive housing apartments right along the boardwalk. In April, developers Georgica Green Ventures and Concern for Independent Living filed plans for the new building at 2002 Surf Avenue, reports CityRealty.com. Called Surf Vets Plaza, the building will totally transform the corner of West 21st Street and Surf Avenue, which is now a 170,000-square-foot vacant lot.
Read more about the development plans
August 10, 2016

Six Affordable Units Up For Grabs Near the Bronx Zoo, Starting at $956/Month

The Bronx is booming when it comes to affordable housing. In fact, as 6sqft recently reported, more than 43 percent of the units under Mayor de Blasio's affordable housing plan that began construction this year were in the borough. The latest is located at 12907 Southern Boulevard in the East Tremont neighborhood, just a short walk to the Bronx Zoo. Starting tomorrow, qualified New Yorkers can apply for three $956/month one-bedrooms and three $1,080 two-bedrooms. Developed through the city's 421-a program, the eight-story building has an elevator, laundry room, and bicycle parking.
READ MORE
August 9, 2016

Sixth Avenue Adorama Site May Be the First Battle Over Mayor’s New Housing Program

The New York Times reports on what is looking like the first of many fights involving the mayor’s new mandatory inclusionary housing (M.I.H.) program which went into effect earlier this year. While the project, a 17-story condominium slated to replace a Manhattan parking lot and two low-rise buildings–one of which houses the venerable Adorama camera store–may not be especially noteworthy, as one of the first developments that may use the new zoning/housing rules, the outcome has the potential to affect thousands of lower-income units in the future. So it's worth following the outcome, even though, as City Planning Commissioner Carl Weisbrod puts it, "like any legislative action, it will take time for every scenario to play out.”
What's the battle all about?
August 9, 2016

Two Chances to Live in a Bushwick Two-Bedroom For $1,030/Month

Bushwick may no longer be the affordable counterpart to Williamsburg, but here are two chances to nab a brand new two-bedroom apartment in the 'hood for just $1,030 a month. The latest offering through the city's housing lotteries, the units are located at 303 Stanhope Street, less than a block from the DeKalb Avenue L train station and, come the shutdown, just a seven-minute walk to the Knickerbocker Avenue M train station.
Find out if you qualify
August 8, 2016

79 Affordable Units Up For Grabs in New Luxury Hell’s Kitchen Project, Starting at $913/Month

Last June, Mitsui Fudosan, one of the largest real estate companies in Japan, bought a majority stake in Taconic Investment Partners' 525 West 52nd Street, a $330 million rental development between 10th and 11th Avenues. As the Journal reported at the time, the two-towered Hell's Kitchen project (one is 22 stories, the other 14) will offer 392 apartments with 80 set aside for low-income residents, as it was developed through the city's 421-a program. Now, those affordable units have come online through the city's housing lottery, and they range from $913/month studios to $1,183/month two-bedrooms.
Find out what luxury perks the building offers
August 8, 2016

Apply Today for 24 Affordable Apartments Near Van Cortlandt Park, Starting at $1,292/Month

The third largest park in the city (behind Pelham Bay Park and the Staten Island Greenbelt), Van Cortlandt Park is not only adjacent to Woodlawn Cemetery, the New York Botanical Garden, and the Bronx Zoo, but it's also home to the country's first public golf course, the oldest house in the borough, and the city's largest freshwater lake. If living near this 1,000+ acre oasis sounds appealing, an affordable housing lottery has just launched for 24 brand new units at 3677 White Plains Road in the Olinville neighborhood. One bedrooms are going for $1,292/ months and two-bedrooms for $1,458.
Find out if you qualify here
August 3, 2016

Live in a Flashy New Tower Near Hudson Yards for $913/Month, Lottery Opens Tomorrow

Just this week, BKSK Architects' dapper new mixed-use tower in the Hudson Yards district topped off at 345 feet. Located at 509 West 38th Street and dubbed the Hi-Side, the 30-story building is just four blocks from the new 7 train stop and adjacent to the forthcoming Hudson Park Boulevard. When it opens its doors next year, it will offer 225 rentals, 46 of which will be reserved for New Yorkers earning 60 percent of the area media income. As of tomorrow, the latter batch of residences will be up for grabs through the city's affordable housing lottery, with units ranging from $913/month studios to $1,183/month two-bedrooms.
Find out more right here
August 3, 2016

Lottery Opens for 57 New Units Near Yankee Stadium, Starting at $494/Month

Just three blocks from Yankee Stadium and a 20-minute walk from the newly opened High Bridge is Summit Ridge, a six-story, brick affordable housing building designed by Aufgang Architects. Its 57 units, now up for grabs through the city's lottery, are reserved for New Yorkers earning 60 percent of the area median income, or $18,275 for individuals up to $63,060 for families of six. The apartments range from $494/month studios to $1,182/month three bedrooms and have access to the building's amenities that include bike storage, an outdoor terrace, laundry room, and community room.
More details this way
August 2, 2016

Lottery Opens for 50 Middle-Income Units at High-End Rental West End Towers

Most of the affordable housing lotteries that have been coming online through the city's portal have served low-income New Yorkers. The latest, though, has a higher income range, catering to middle-income tenants who earn 130 percent of the area median income, or $70,732 for an individual up to $117,700 for a family of four. The 50 available units are located at West End Towers, a luxury 1,000-unit rental at West End Avenue and 63rd Street, less than a block away from Riverside Park and just two blocks from Lincoln Center. The apartments range from $2,024/month studios to $2,611/month two-bedrooms.
Learn about the high-end amenities