January 18, 2018
Lottery launches for 80 $675/month studios at COOKFOX’s huge Bronx development
It's been almost a year since the first lottery launched at Webster Avenue, COOKFOX's two-building affordable and supportive housing complex in the Tremont neighborhood of the Bronx. Four months after the lottery went live for the 227 units at Park House, nonprofit developer Breaking Ground reported that they'd received a staggering 55,163 applications. Now, they'll need to get ready for another influx; as of today, the lottery is live for the second building, Webster Residence. Here, single New Yorkers earning 60 percent of the area median income, or between $25,000 and $40,000 annually, can apply for 80 $675/month energy efficient studios.
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