Affordable Housing

100 percent affordable housing to replace two Boerum Hill parking lots

Image courtesy of the NYC Department of Housing Preservation and Development

August 28, 2023

100 percent affordable housing to replace two Boerum Hill parking lots

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New York City is moving forward with a development plan that will bring hundreds of new affordable apartments to a bustling part of Brooklyn. The city's Department of Housing Preservation and Development last week began community outreach for two 100 percent affordable developments on city-owned parking lots in Boerum Hill. The sites, located at 153 Nevins Street and 108-114 Third Avenue, will include 125 new apartments for families and seniors.
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13,000+ rent-stabilized units in NYC have been vacant for multiple years

Photo © 6sqft

August 25, 2023

13,000+ rent-stabilized units in NYC have been vacant for multiple years

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Upwards of 13,000 rent-stabilized homes in New York City have sat vacant over the past two years, according to a new report. Out of 42,275 rent-stabilized apartments listed in April 2022, many of which were marked as "newly vacant," 13,362 units remained empty for two consecutive years, up from 12,300 in 2021, according to the report by the city's Independent Budget Office. These data points are making officials question whether the units are vacant due to tenants moving in and out or whether they have been "warehoused," or deliberately taken off the market, according to Gothamist.
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60 middle-income apartments available at new South Bronx waterfront rental, from $2,700/month

All images courtesy of the NYC Department of Housing Preservation and Development

August 24, 2023

60 middle-income apartments available at new South Bronx waterfront rental, from $2,700/month

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A housing lottery opened this week for 60 middle-income units in a new high-rise residential tower on the South Bronx waterfront. Located at 2413 Third Avenue in Mott Haven, the building, dubbed the Maven, offers 200 brand-new luxury units and expansive indoor and outdoor amenities. New Yorkers earning 130 of the area median income, or between $92,572 for a single person annually and $227,630 for a household of seven, can apply for the apartments, priced at $2,700/month for one-bedrooms, $3,235/month for two-bedrooms, and $3,500/month for three-bedrooms.
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Adams announces Midtown South rezoning, plan to convert offices to housing

Midtown Manhattan. Photo by Phil Hauser on Unsplash

August 17, 2023

Adams announces Midtown South rezoning, plan to convert offices to housing

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New housing will be allowed in parts of Midtown Manhattan for the first time in decades under a plan announced by Mayor Eric Adams on Thursday. The mayor wants to update zoning rules to allow for the construction of new apartments in a 42-block area stretching from 23rd Street to 40th Street and from Fifth Avenue to Eighth Avenue, which is currently designated for manufacturing use. The start of the rezoning effort joins another proposal from the Adams administration to facilitate and expedite office-to-housing conversions across every borough, as the city continues to face a housing shortage.
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Live above Inwood’s new public library, from $397/month

Rendering of The Eliza courtesy of the NYC Department of Housing Preservation and Development

August 17, 2023

Live above Inwood’s new public library, from $397/month

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Attention New York bookworms: Here's a chance to live above a brand-new city library. A housing lottery opened this week for 138 affordable apartments at The Eliza, a 14-story rental in Inwood. Located at 4790 Broadway, the development includes deeply affordable apartments and a two-level New York Public Library branch at its base. New Yorkers earning 30, 40, 50, and 60 percent of the area median income, or between $16,183 for a single person annually and $105,060 for a household of seven, can apply for the apartments, which range from $397/month studios to $1,841/month three bedrooms.
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East Harlem tower opens lottery for 40 mixed-income apartments, from $763/month

Renderings courtesy of the NYC Department of Housing Preservation and Development

August 15, 2023

East Harlem tower opens lottery for 40 mixed-income apartments, from $763/month

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Applications are now being accepted for 40 mixed-income units at a new residential development in East Harlem. Located at 88 East 127th Street, the 19-story building is conveniently located near several public transit options, the 16-acre Marcus Garvey Park, and lots of restaurants and shopping. New Yorkers earning 40 and 130 percent of the area median income, or between $29,109 for a single person annually and $198,250 for a household of five, can apply for the apartments, priced from $763/month studios to $3,773/month two-bedrooms.
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Affordable senior housing to replace Prospect Heights parking lot

Rendering of the proposed plans for 542 Dean Street shows the new entrance to the park and public space created as part of the design for the affordable senior housing project. Courtesy of GRAPH.

August 10, 2023

Affordable senior housing to replace Prospect Heights parking lot

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A plan to replace a Prospect Heights parking lot with affordable housing for low-income and homeless seniors is moving forward. The city's Department of Housing Preservation and Development (HPD) on Tuesday announced its selection of Jobe Development, Corp., Mega Group Development, and the Institute of Community Living Room to convert a city-owned parking lot at 542 Dean Street into the residential development "Park Edge." The redevelopment is part of the Atlantic Avenue Mixed-Use Plan (AAMUP), which found a community desire for new affordable housing projects on city-owned properties.
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Adams touts affordable housing production as city runs out of room for migrants

Photo Credit: Ed Reed/Mayoral Photography Office on Flickr

August 3, 2023

Adams touts affordable housing production as city runs out of room for migrants

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New York City created more supportive housing and homes for formerly homeless New Yorkers during fiscal year 2023 than any year on record, Mayor Eric Adams announced Thursday. Between June 2022 and June 2023, the mayor said the city produced 27,000 affordable homes, including new construction and preservation of existing homes, and connected the largest number of people to permanent housing using the CityFHEPS vouchers in the program's history. The announcement comes just days after Adams announced the city had run out of space to house the thousands of asylum seekers arriving weekly, leading to many migrants sleeping outside of the Roosevelt Hotel in Midtown this week.
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400 units of affordable housing approved for 5 World Trade Center

Renderings of 5 World Trade Center courtesy of Gov. Kathy Hochul’s Office

July 27, 2023

400 units of affordable housing approved for 5 World Trade Center

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The 900-foot-tall mixed-use skyscraper planned for 5 World Trade Center will include 400 units of affordable housing, a slight increase from the original proposal. After stalled negotiations, the Public Authorities Control Board on Thursday approved the mixed-use development at 130 Liberty Street, which calls for 1,200 new apartments, one-third of which will be permanently affordable to New Yorkers earning between 40 and 120 percent of the area median income. Plus, 20 percent of the affordable apartments will be offered to individuals who lived or worked in the neighborhood on September 11, including first responders and families of victims. Construction is scheduled to start next year, Gov. Kathy Hochul said.
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Ridgewood’s tallest tower opens lottery for 40 luxury apartments, from $2,750/month

Renderings courtesy of the NYC Department of Housing Preservation and Development

July 21, 2023

Ridgewood’s tallest tower opens lottery for 40 luxury apartments, from $2,750/month

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A housing lottery opened this week for 40 middle-income units at a new luxury residential development in Ridgewood. At 17 stories, the Ridgewood Apartments at 1607 Woodbine Street is one of the tallest residential properties in the neighborhood. New Yorkers earning 130 percent of the area median income, or between $94,286 for a single person annually and $198,250 for a household of five, are eligible to apply for the units, which include $2,750/month one-bedrooms and $3,599/month two-bedrooms.
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Lottery opens for 164 luxury rentals in Mott Haven, from $1,576/month

Renderings credit: VUW

July 14, 2023

Lottery opens for 164 luxury rentals in Mott Haven, from $1,576/month

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A two-building luxury rental development in the South Bronx opened a housing lottery this week for 164 mixed-income apartments. Dubbed Estela, the complex includes 544 brand-new units across a pair of buildings at 445 Gerard Avenue, located within a burgeoning stretch of Mott Haven. Qualifying New Yorkers earning 80 percent and 130 percent of the area median income can apply for the apartments, priced from $1,576/month studios to $3,260/month two-bedrooms, with a concession of one month free on initial leases.
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NYCHA says it needs nearly $80 billion for repairs

Image via WikiCommons

July 13, 2023

NYCHA says it needs nearly $80 billion for repairs

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New York City's public housing agency needs more than $78 billion to make much-needed repairs to its dilapidated housing stock, according to a new 20-year assessment released Wednesday. The estimation for the apartment repairs is a whopping 73 percent higher than NYCHA's last assessment of $45.2 billion calculated in 2017. According to the agency, nearly 40 percent of NYCHA apartments require more than $500,000 in work per unit.
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56 apartments for low-income seniors available in Inwood

Renderings courtesy of Coconut Properties

July 10, 2023

56 apartments for low-income seniors available in Inwood

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56 affordable units designed for seniors are available at a new senior supportive housing project in Manhattan. Located at 37 Hillside Avenue in Inwood, the building offers senior residents social services, space to worship, and plenty of outdoor green space. Applicants must have at least one household member who is 62 years of age or older, qualifies for Section 8 benefits, and earns no more than $60,050 annually. Eligible New Yorkers will pay 30 percent of their income for the available studio and one-bedroom apartments.
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85 brand-new affordable units available in Morris Heights, from $532/month

Rendering courtesy of the NYC Department of Housing Preservation and Development

July 7, 2023

85 brand-new affordable units available in Morris Heights, from $532/month

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Applications are now being accepted for 85 affordable units at a new residential development in the Bronx. Located at 1544 Shakespeare Avenue in Morris Heights, St. Francis Commons offers residents brand-new apartments and a variety of amenities. Qualifying New Yorkers earning 30, 50, and 70 of the area median income, or between $21,155 for a single person annually and $122,570 for a household of seven, are eligible to apply for the apartments, which range from $532/month one-bedrooms to $2,188/month three bedrooms.
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NYC’s shelter system reaches a record 100,000 occupants

Image courtesy of mari small on Unsplash

June 30, 2023

NYC’s shelter system reaches a record 100,000 occupants

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New York City's shelter system has surpassed 100,000 occupants for the first time, more than half of whom are asylum seekers, city officials announced this week. NYC is currently spending roughly $8 million a day on its shelter system, which has expanded to include 166 new emergency facilities to accommodate the surge in asylum seekers that began in the spring of 2022. The city is expected to spend more than $4 billion on its shelter system by 2024, according to the New York Times.
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Elizabeth Street Garden can become affordable senior housing development, court rules

Photo by James and Karla Murray exclusively for 6sqft

June 28, 2023

Elizabeth Street Garden can become affordable senior housing development, court rules

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An affordable housing development can be built on the site of Little Italy's Elizabeth Street Garden, an appellate judge ruled on Tuesday, ending a decade-long battle between housing advocates and garden supporters. The project, dubbed Haven Green, will bring 123 rentals for extremely low-, very low-, and low-income seniors, along with 37 apartments for formerly homeless seniors, to one of the city's most affluent neighborhoods.
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Adams vetoes NYC Council bills expanding rental assistance

Image courtesy of robertotmn on Flickr

June 23, 2023

Adams vetoes NYC Council bills expanding rental assistance

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Mayor Eric Adams has vetoed four City Council bills that would expand access to New York City's housing voucher program. Adams on Friday vetoed bills Intro. 229, Intro. 878, Intro. 893, and Intro. 894, claiming the legislation package, which was passed by the council last month, would cost the city an exorbitant amount of money and "make it harder" for homeless New Yorkers to find housing. The Council passed the legislation package late last month with a vote of 41 to 7, enough support to override the veto.
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NYC to demolish and rebuild two NYCHA complexes in Chelsea

Photo of the Fulton Houses complex courtesy of Elvert Barnes on Flickr

June 21, 2023

NYC to demolish and rebuild two NYCHA complexes in Chelsea

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New York City will demolish two Manhattan public housing complexes and construct brand-new high-rise apartment buildings. The New York City Housing Authority (NYCHA) on Wednesday announced a $1.5 billion plan to demolish the Elliott-Chelsea and Fulton Houses and rebuild the more than 2,000 public housing apartments currently located there. Supported by a majority of tenants who voted in a survey on the proposal, the plan also includes new retail and commercial spaces and thousands of new mixed-income units, as first reported by the New York Times.
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Lottery opens for 300+ affordable apartments at major East New York project, from $419/month

Rendering courtesy of Dattner Architects

June 19, 2023

Lottery opens for 300+ affordable apartments at major East New York project, from $419/month

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The largest project to stem from the 2016 rezoning of East New York launched a housing lottery for over 300 affordable apartments this week. Developed by the housing nonprofit Phipps Houses, Atlantic Chestnut is a block-long development with three interconnected buildings and more than 1,100 units of affordable housing. As part of the first phase, 341 apartments are available at 250 Euclid Avenue. Qualifying New Yorkers earning 30, 40, 50, 60, and 80 percent of the area median income can apply for the available apartments priced from $419/month studios to $2,273/month three-bedrooms.
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Adams ends NYC’s 90-day shelter rule for homeless New Yorkers

Mayor Eric Adams issued emergency rules eliminating the 90-day length-of-stay requirement for New Yorkers in shelters to be eligible for housing vouchers. Photo by Ed Reed/Mayoral Photography Office on Flickr

June 16, 2023

Adams ends NYC’s 90-day shelter rule for homeless New Yorkers

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Mayor Eric Adams on Friday ended a rule that had required unhoused people to spend at least 90 days in shelter before qualifying for rental assistance vouchers. The emergency rule change expands eligibility for the vouchers, called CityFHEPS, which will in turn house more New Yorkers and free up space in the shelter system for asylum seekers. The move by the mayor comes a few weeks after the City Council passed a comprehensive set of bills expanding rental assistance, including the end of the 90-day rule. Adams criticized the rest of the package, citing budget costs, but did not say if he plans to veto the legislation.
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22 middle-income units available next to the Bronx Zoo, from $2,890/month

Rendering courtesy of the NYC Department of Housing Preservation and Development

June 15, 2023

22 middle-income units available next to the Bronx Zoo, from $2,890/month

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A housing lottery opened this week for 22 middle-income units in a new residential development across the street from the New York Botanical Garden and the Bronx Zoo. Located at 2279 Barker Avenue in Allerton, the newly constructed luxury building offers residents spacious units with state-of-the-art appliances. New Yorkers earning 130 percent of the area median income, or between $99,086 annually for a single person and $198,250 for a household of five, can apply for the units, which include $2,890/month studios, $3,059/month one-bedrooms, and $3,599/month two bedrooms.
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New York lawmakers fail to reach a deal on housing

Photo of New York State Capitol by wadester16 on Flickr CC

June 9, 2023

New York lawmakers fail to reach a deal on housing

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Despite New York lawmakers claiming they reached a deal on a comprehensive package of housing proposals, the state legislature has failed to pass any meaningful bills during this legislative session, as first reported by the New York Times. Negotiations between state Democrats and Gov. Kathy Hochul on Thursday fell apart as the two bodies failed to reach a deal before the end of the legislative session on Friday. Lawmakers blamed Hochul for opposing their housing proposals, including those that protect tenants from eviction and major rent hikes, and the governor claimed lawmakers never presented her with any housing bills to approve.
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282 affordable apartments up for grabs in Far Rockaway, from $388/month

Rendering courtesy of the NYC Department of Housing Preservation and Development

June 8, 2023

282 affordable apartments up for grabs in Far Rockaway, from $388/month

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Applications are now being accepted for 282 affordable units at a new residential development in Queens. Located at 1626 Village Lane, the building is part of the third phase of the Rockaway Village Apartments, a huge housing complex that is replacing an abandoned strip mall. New Yorkers earning 30, 50, and 80 percent of the area median income, or between $16,252 annually for a single person and $140,080 for a household of seven, are eligible to apply for the units, which range from $388/month studios to $1,968/month three bedrooms.
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Lottery opens at new Passive House rental in Gramercy, from $836/month

All renderings courtesy of Redundant Pixel

June 5, 2023

Lottery opens at new Passive House rental in Gramercy, from $836/month

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A sustainable rental in one of Manhattan's most sought-after neighborhoods launched a housing lottery last week. Designed by Hill West Architects to meet Passive House standards, Gemma Gramercy is a 20-story building, located at 200 East 23rd Street, that will use 85 percent less energy than traditional buildings. Qualifying New Yorkers earning 40, 60, and 130 percent of the area median income can apply for the available apartments, priced from $836/month studios to $3,490/month for two-bedroom units.
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Apply for 316 mixed-income apartments within Greenpoint Landing, from $410/month

Rendering courtesy of Handel Architects

June 1, 2023

Apply for 316 mixed-income apartments within Greenpoint Landing, from $410/month

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A housing lottery opened this week for 316 mixed-income units at a new residential development on Brooklyn's waterfront. Located at 35 Commercial Street, the building is part of the 22-acre Greenpoint Landing development. New Yorkers earning 30, 50, 80, and 110 percent of the area median income, or between $17,006 annually for a single person and $158,510 for a household of five, are eligible to apply for the apartments, which range from $410/month studios to $2,572/month two bedrooms.
Find out if you qualify
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