Friday, February 1, 2019
New Woodside luxury apartment building's mandated affordable housing units start at $1,890
Jackson Heights Post
More than 20 apartments are up for grabs in a new affordable housing lottery for a soon-to-be completed development along Queens Boulevard in Woodside.
J&J Tower, a nine-story project at 46-02 70th St., is offering 23 apartments ranging from studios and two bedrooms, starting at a monthly rent of $1,890 a month and going up to $2,530.
The units are available to households earning 130 percent of the Area Median Income.
Five studios are available to households of up to two people, with two available at $1,890 and three going for $1,920. The latter three studios require a household income between $65,829 and $95,030 for a single-person household to quality, and goes up to $108,550 for a family of two.
That's right, there are studios that are accepting applications for two people. And the max is at 100,000? It's clear what this affordable housing is being offered to in this area and how unobtainable it is to, let's say, 80% of this city's citizenry.