Affordable Housing

See the 17-story mixed-use rental coming to Atlantic Avenue in Bed-Stuy

Rendering courtesy of Douglaston Development

May 31, 2023

See the 17-story mixed-use rental coming to Atlantic Avenue in Bed-Stuy

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Another high-rise residential tower is coming to Brooklyn's once-industrial Atlantic Avenue corridor. Douglaston Development on Wednesday announced it secured financing for a 17-story, 474,000-square-foot mixed-use development at 1057 Atlantic Avenue in Bed-Stuy that will include 456 rental apartments and new neighborhood amenities. The tower joins several new and proposed developments on this strip of Atlantic Avenue that will bring hundreds of new homes to the area.
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125 affordable units available at energy-efficient building in East New York, from $419/month

Rendering by Nightnurse Images, courtesy of Magnusson Architecture and Planning

May 26, 2023

125 affordable units available at energy-efficient building in East New York, from $419/month

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Applications are now being accepted for 125 affordable units at Linden Terrace, an energy-efficient residential development in East New York. Located at 583 Emerald Street, the 156-unit building represents the third phase of the new affordable development. New Yorkers earning 30, 50, and 70 percent of the area median income, or between $16,938 annually for a single person and $115,850 for a household of seven, are eligible to apply for the units, which range from $419/month studios to $1,963/month three bedrooms.
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NYC Council passes legislation expanding rental assistance

Image courtesy of Filip Mishevski on Flickr

May 26, 2023

NYC Council passes legislation expanding rental assistance

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The New York City Council on Thursday passed a set of bills that will help house more New Yorkers and free up shelter space for asylum seekers. The legislation ends a rule requiring unhoused people spend at least 90 days in shelter before qualifying for a rental assistance voucher, known as CityFHEPS, and expands the number of people eligible for the vouchers. Mayor Eric Adams, who may attempt to veto the bill, said the legislation will cost the city billions over the next five years.
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Citing influx of migrants, Adams looks to suspend NYC’s right to shelter rule

Image courtesy of Michael Appleton/Mayoral Photography Office on Flickr

May 25, 2023

Citing influx of migrants, Adams looks to suspend NYC’s right to shelter rule

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Citing the arrival of thousands of migrants in the city, Mayor Eric Adams wants to suspend a decades-old rule guaranteeing shelter to anyone. Adams on Tuesday filed an application with a judge asking to alter the city's right to shelter rule, which guarantees any homeless person looking for shelter access to temporary housing. The mayor is looking to rewrite the rule, which has been in place for 40 years, to allow the city to suspend the right for homeless adults when it "lacks the resources and capacity to establish and maintain sufficient shelter sites," according to Gothamist.
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89 mixed-income units available at 43-story Downtown Brooklyn rental, from $1,407/month

Photo courtesy of Evan Joseph

May 22, 2023

89 mixed-income units available at 43-story Downtown Brooklyn rental, from $1,407/month

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A housing lottery opened this week for 89 mixed-income units at a new residential development in Brooklyn. Located at 540 Fulton Street, The Paxton offers residents luxury rental units and modern amenities in the heart of Downtown Brooklyn. New Yorkers earning 80 and 130 percent of the area median income, or between $50,812 annually for a single person and $215,150 for a household of seven, can apply for the units, priced from $1,407/month studios to $3,600/month three bedrooms.
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Apply for 22 mixed-income apartments in the heart of Flatbush, from $1,576/month

Rendering courtesy of the NYC Department of Housing Preservation & Development

May 12, 2023

Apply for 22 mixed-income apartments in the heart of Flatbush, from $1,576/month

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Applications are being accepted for 22 mixed-income units at a new residential development in Brooklyn. Located at 1457 Flatbush Avenue, the development offers residents spacious and modern apartments with an expansive amenity suite. New Yorkers earning 80 and 130 percent of the area median income, or between $57,429 for a single person and $156,130 for a household of three, can apply for the units, which range from $1,576/month studios to $3,126/month one-bedrooms.
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Housing targets in every NYC district would lead to more equitable development, City Council says

Image courtesy of Vlada Karpovich on Pexels

May 12, 2023

Housing targets in every NYC district would lead to more equitable development, City Council says

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A new plan by the New York City Council aims to increase affordable housing production by setting development goals for each of the city's 59 community districts. Speaker Adrienne Adams on Thursday unveiled her "Fair Housing Framework" legislation, a plan reminiscent of Gov. Kathy Hochul's rejected proposal earlier this year that called for every locality in the state to meet home creation targets. Under Adams' plan, "high-opportunity," or wealthier, transit-rich neighborhoods in the city, would be required to produce more low-income affordable housing. According to the plan, the city's housing agencies would be responsible for setting targets for each district, which would be reevaluated every five years, starting in 2025.
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$416M mixed-use development will bring 700 new apartments to Inwood

Renderings courtesy of the New York Governor’s Office

May 10, 2023

$416M mixed-use development will bring 700 new apartments to Inwood

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A massive mixed-use development project will bring nearly 700 mixed-income housing units to Upper Manhattan. Gov. Kathy Hochul on Tuesday announced the two buildings, located at 405 and 407 West 206th Street in Inwood, will feature all-electric heating and cooling and other sustainable features to help the state reach its carbon reduction goals. The $416 million complex includes a mix of studio, one, two, and three-bedroom apartments, 281 of which will be reserved for residents earning at or below 80 percent of the area median income.
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Lottery opens for 106 senior units at 100% affordable development in the Bronx

Rendering courtesy Magnusson Architecture and Planning

May 9, 2023

Lottery opens for 106 senior units at 100% affordable development in the Bronx

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A new 16-story tower at a public housing development in the Bronx launched a housing lottery for 106 senior apartments last week. Located within NYCHA's Sotomayor Houses in Soundview, Casa Celina includes 205 units for low-income seniors, with 30 percent reserved for formerly homeless New Yorkers, community facilities, and amenities, including a rooftop terrace. 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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Two-tower Prospect Heights rental with huge public park launches lottery, from $2,290/month

All images courtesy of TF Cornerstone

May 5, 2023

Two-tower Prospect Heights rental with huge public park launches lottery, from $2,290/month

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A housing lottery opened this week for 240 middle-income units at 595 Dean Street, the latest building to open at the Prospect Heights mega-development, Pacific Park. The two-tower, mixed-use project has 798 total rentals, 30 percent of which are designated below market rate, and is anchored by roughly 60,000 square feet of public open space. New Yorkers earning 130 percent of the area median income, or between $78,515 annually for a single person and $187,330 for a household of five, can apply for the apartments, which range from $2,290/month studios to $3,360/month two-bedrooms.
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Broadway Junction’s overhaul to include $500M in safety, public space, and accessibility upgrades

Image courtesy of Caroline Willis/Mayoral Photography Office on Flickr

May 2, 2023

Broadway Junction’s overhaul to include $500M in safety, public space, and accessibility upgrades

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New York City is investing nearly $500 million to revitalize the area around one of Brooklyn's busiest transit hubs. The overhaul of East New York's Broadway Junction subway station includes accessibility upgrades, two new public plazas, and safety improvements as part of the city's effort to make the hub a regional transit center, Mayor Eric Adams announced Tuesday. Work is expected to begin in 2027 and finish by 2030.
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Live above the nation’s first hip hop museum in the Bronx, from $465/month

Renderings courtesy of S9 Architecture

May 2, 2023

Live above the nation’s first hip hop museum in the Bronx, from $465/month

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A housing lottery opened this week for 432 mixed-income units at Mott Haven's major waterfront project, Bronx Point. Located at 575 Exterior Street, Bronx Point is a 22-story mixed-use development with over 1,000 apartments, retail space, and the country's first permanent museum dedicated to hip hop. New Yorkers earning 30, 50, 80, and 120 percent of the area median income, or between $18,515 annually for a single person and $198,600 for a household of seven, can apply for the apartments, priced from $465/month studios to $3,332/month three bedrooms.
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Lottery opens for 70 mixed-income units at High Line-facing rental in Hudson Yards, from $772/month

Photo courtesy of  on Flickr

May 1, 2023

Lottery opens for 70 mixed-income units at High Line-facing rental in Hudson Yards, from $772/month

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A new high-rise tower in Hudson Yards launched a housing lottery last week for 70 mixed-income apartments. Dubbed the 30th and 11th Apartments, the mixed-use building at 606 West 30th Street sits across from the High Line and just south of New York City's newest neighborhood. Qualifying New Yorkers earning 40, 60, and 100 percent of the area median income can apply for the apartments, priced from $772/month studios to $2,592/month two-bedroom apartments.
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Half of NYC households can’t afford basic needs, new report finds

Photo via Wikimedia

April 25, 2023

Half of NYC households can’t afford basic needs, new report finds

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Half of all New York City households are unable to afford their basic needs, according to a new report. Released this week by the Fund for the City of New York, the report found that 1,298,212 working households, or  2,991,973 people, do not earn enough to afford essential expenses like rent, health care, food, and transportation. The number of struggling households is up to 50 percent from 36 percent in 2021, a 38 percent increase over a two-year period, highlighting the pandemic's immense economic impact on New Yorkers.
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NYC will repair 400 vacant rent-stabilized apartments to house homeless New Yorkers

Photo by Anthony Fomin on Unsplash

April 20, 2023

NYC will repair 400 vacant rent-stabilized apartments to house homeless New Yorkers

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New York City will invest up to $10 million to provide homeless New Yorkers with newly repaired, rent-stabilized homes. As part of the new "Unlocking Doors" program, the city will invest up to $25,000 for urgent renovations at 400 rent-stabilized homes that have fallen into disrepair and are unavailable for rent. The city will then match households with City Fighting Homeless and Eviction Prevention Supplement (CityFHEPS) vouchers with the new apartments.
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Luxury rental in Long Island City launches lottery for 48 middle-income units, from $2,896/month

Image courtesy of the NYC Department of Housing Preservation and Development

April 19, 2023

Luxury rental in Long Island City launches lottery for 48 middle-income units, from $2,896/month

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A luxury rental in Long Island City is now accepting applications for 48 below-market-rate units. Located at 27-10 44th Drive in the Court Square section of the neighborhood, 8 Court Square rises 20 stories, contains 157 apartments, 10,000 square feet of retail, and sits across the street from four subway lines. New Yorkers earning 130 percent of the area median income, or between $99,292 annually for a single person and $187,330 for a household of five, are eligible to apply for the apartments, which include $2,896/month studios, $3,094/month one-bedrooms, and $3,689/month two-bedrooms.
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Apply for 79 affordable apartments in the South Bronx, from $410/month

Image courtesy of Aufgang Architects

April 13, 2023

Apply for 79 affordable apartments in the South Bronx, from $410/month

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Applications are now being accepted for 79 affordable units at a new residential development in the South Bronx. Located at 1007 Union Avenue in Morrisania, Victory Commons offers residents supportive services, amenities, and a church sanctuary housed within the preexisting Victory Baptist Church. New Yorkers earning 30, 50, 70, and 80 percent of the area median income, or between $17,452 annually for a single person and $132,400 for a household of seven, can apply for the units, which range from $410/month studios to $2,252/month three bedrooms.
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Daniel Libeskind’s affordable Bed-Stuy rental opens lottery for 99 senior apartments

Rendering of the Atrium at Sumner © 2019 New York City Housing Authority

April 6, 2023

Daniel Libeskind’s affordable Bed-Stuy rental opens lottery for 99 senior apartments

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Applications are now being accepted for 99 apartments at a unique senior housing development in Brooklyn designed by renowned architect Daniel Libeskind. Located at 57 Marcus Garvey Boulevard, the Atrium at Sumner is an 11-story, Passive House-certified building with 190 affordable units and 7,500 square feet of community 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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Apply for 38 mixed-income units in Clinton Hill, from $1,576/month

Image courtesy of the NYC Department of Housing Preservation and Development

April 3, 2023

Apply for 38 mixed-income units in Clinton Hill, from $1,576/month

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A housing lottery opened this week for 38 mixed-income apartments at a new residential development in Brooklyn. Located at 963 Atlantic Avenue in Clinton Hill, the nine-story building contains 124 units and an assortment of amenities for tenants, including an open-air roof deck. New Yorkers earning 80 and 130 percent of the area median income, or between $58,115 annually for a single person and $187,330 for a household of five, can apply for the units, priced between $1,576/month for studios and $2,850/month for two bedrooms.
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Brooklyn’s tallest tower launches lottery for 120 middle-income apartments, from $2,630/month

Image courtesy of Evan Joseph

March 29, 2023

Brooklyn’s tallest tower launches lottery for 120 middle-income apartments, from $2,630/month

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Here's a chance to live in Brooklyn's tallest tower for (slightly) less. The 93-story Brooklyn Tower launched a housing lottery this week for 120 middle-income apartments. New Yorkers earning 130 percent of the area median income, or between $90,172 annually for a single person and $215,150 for a household of seven, can apply for the units, priced between $2,630/month for studios and $3,872/month for three bedrooms.
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108 apartments for low-income seniors available in Brownsville

Rendering courtesy of the NYC Department of Housing Preservation and Development

March 28, 2023

108 apartments for low-income seniors available in Brownsville

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A housing lottery opened this week for 108 apartments at a new senior housing development in Brooklyn. Located at 381-401 Chester Street in Brownsville, Simba Simbi Seniors is an eight-story apartment building offering senior residents comfortable homes and a wide variety of amenities. 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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72 middle-income units available at Hamilton Heights tower next to the Hudson River, from $2,350/month

Renderings courtesy of the NYC Department of Housing Preservation and Development

March 24, 2023

72 middle-income units available at Hamilton Heights tower next to the Hudson River, from $2,350/month

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Applications are now being accepted for 72 middle-income units at a new residential development in Upper Manhattan. Located at 620 West 153rd Street in Hamilton Heights, Sunrose Tower Apartments contains 238 apartments and a wide variety of amenities, including a rooftop terrace with panoramic skyline views. New Yorkers earning 130 percent of the area median income, or between $80,572 annually for a single person and $187,330 annually for a household of five, can apply for the apartments, which range from $2,350/month studios to $3,550/month two bedrooms.
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NYC multi-family housing production down for third straight month, report finds

Image courtesy of robertotmn on Flickr

March 22, 2023

NYC multi-family housing production down for third straight month, report finds

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A new report shows that New York City is not building enough housing to meet current demand. The Real Estate Board of New York on Tuesday released its February 2023 Multi-family Foundation Plan Application Report, a monthly report that reviews applications submitted by developers to the NYC Department of Buildings for new residential developments. For the third month in a row, there have been fewer than 30 total filings for new developments across the five boroughs, according to the report.
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144 affordable units available at new development in Woodside, from $1,511/month

Renderings courtesy of the NYC Department of Housing Preservation and Development

March 21, 2023

144 affordable units available at new development in Woodside, from $1,511/month

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A housing lottery opened this week for 144 affordable apartments at a major new mixed-use development in Queens. Developed by Madison Realty Capital, Woodside Central occupies a full block from 69th Street to 70th Street on the border of Elmhurst and Woodside and includes over 470 mixed-income homes, a new public school, and public outdoor space. New Yorkers earning 80 percent of the area median income, or between $55,886 annually for a single person and $115,280 annually for a household of five, can apply for the affordable apartments, priced from $1,511/month studios to $1,824/month two-bedrooms.
How to apply
Williamsburg rental with rooftop and zen garden opens lottery for 43 units, from $2,924/month

Renderings courtesy of the NYC Department of Housing Preservation and Development

March 20, 2023

Williamsburg rental with rooftop and zen garden opens lottery for 43 units, from $2,924/month

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Applications are now being accepted for 43 middle-income apartments in the heart of Williamsburg. Located at 130 Hope Street, the seven-story luxury building contains 143 apartments, boutique retail space, and outdoor amenities like a rooftop and zen garden. New Yorkers earning 130 percent of the area median income, or between $100,252 annually for a single person and $215,150 annually for a household of seven, can apply for the apartments, priced from $2,924/month studios to $4,296/month three bedrooms.
Find out if you qualify
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