June 19, 2017
The South Bronx is arguably the city's largest hotbed of new affordable housing development, and the latest chance to live in the up-and-coming 'hood for less than market rate starts today for 124 units at 530 Exterior Street in Mott Haven. Here, New Yorkers earning 60 percent of the area median income can apply for apartments ranging from $822/month studios to $1,224/month three-bedrooms. The 13-story building is part of a larger, mixed-use project, right near Mill Pond Park on the Harlem River and the 145th Street Bridge to Harlem. The other two components are a similarly low- and moderate-income housing building at 491 Gerard Avenue and a 152-room Hampton Inn hotel with commercial space and ground-floor retail.
Find out if you qualify