Sunday, February 28, 2021

"5 Pointz" "affordable" luxury public housing tower apartments are available for lottery applicants

 

Astoria Post

 More than 330 affordable apartments in Long Island City’s 5 Pointz towers are up for grabs through the city’s affordable housing lottery.

The units are located within in two newly-constructed towers at 22-44 Jackson Ave., where the famous 5 Pointz factory building once stood that was known for its acclaimed aerosol murals.

There are studios, one-bedroom, two-bedroom and a couple three-bedroom units on offer. The studios  start at $1,850 a month.

The units are located within in two newly-constructed towers at 22-44 Jackson Ave., where the famous 5 Pointz factory building once stood that was known for its acclaimed aerosol murals.

There are studios, one-bedroom, two-bedroom and a couple three-bedroom units on offer. The studios  start at $1,850 a month.

An advertisement for the new towers describes them as luxury buildings with “countless” amenities.

“Create your life in the building of your dreams,” the ad reads. “5 Pointz stands out in the heart of a Long Island City neighborhood buzzing with culture.”

The apartments in the new towers are open to people who make at least $63,429 a year, with the income threshold set at 130 percent of the area median income.

There are 78 studio units available for $1,850 a month to households of one to two people who make between $63,429 and $118,300 combined annually.

There are 180 one-bedroom units available for $2,295 a month to households of one to three people who make between $78,686 and $133,120 combined annually.

There are 77 two-bedroom units available for $2,775 a month to households of two to five people who earn between $95,143 and $159,640 combined annually.

Lastly, there are two three-bedroom units available for $3,200 a month to households of three to seven people who make between $109,715 to $183,300.

 Way to take care of the housing insecure and end the tale of two cities, de Blasio.

6 comments:

Anonymous said...

$1,850 a month for a litter box studio with 1 or 2 windows affordable my ass !
I bet there are huge maintenance fees on top of that.
Studios like described are "inner" usually off the elevator cores, good for vampires'
I guess it true, If you build it suckers will come.

Anonymous said...

Well, again the problem is very simple - as is the cure.

The local elected officials know that 'affordable' is BS and the monies that are required to live in these places are upper middle class, or if the buildings go into bankruptcy and have to be filled with the needy, will be about what is paid to politically connected non-profits that are paid a king's ransom to house the needy.

The problem is the lack of backbone by the public to attack by name both that are responsible - in-office and appointed by the same.

Anonymous said...

Moe said...
Well-intentioned liberals end up at the bottom with Govt rationed everything thinking about how veganism was better when it was voluntary.

Anonymous said...

Affordable.

Lol......

Anonymous said...

Affordable for whom?

Anonymous said...

Within walking distance of the Ravenswood Houses aka NYCHA. Oh no thanks. One of the most dangerous housing projects in NYC.