Two affordable housing lotteries are now open in Long Island City and Astoria, but only to people who make at least $68,500 a year.
In total, 13 apartments are up for grabs across the two apartment buildings — which are both located on Crescent Street. To be eligible for the lotteries, residents must make 130 percent of the Area Median Income (AMI).
There are six units available in a newly constructed building at 38-35 Crescent St., with three one bedrooms and three two bedrooms.
The one-bedroom units are open to households of one to three people who make between $72,858 and $139,620 combined annually. Rent costs $2,125 a month.
Three two-bedroom units are open to households of two to five people who make between $86,572 and $167,570 combined annually. Rent costs $2,525 a month.
Tenants must pay for electricity, including the cost of heat, in addition to rent.
The Long Island City building owner is offering three months of rent free on initial leases, according to the NYC Housing Connect site. The building offers a host of amenities such as an elevator, laundry room, parking garage and roof deck.
There are also seven units available through the lottery at 30-82 Crescent St. in Astoria.
One studio apartment is available for $2,000 a month to households of one to two people who make between $68,572 and $124,150 combined annually.
Five one-bedroom units are available for $2,200 a month to households of one to three people who make between $75,429 and $139,620 combined annually.
One two-bedroom unit is available for $2,823 a month to households of two to five people who make between $96,789 and $167,570 combined annually.
6 comments:
'luxury public housing'
!?! WTF
Astoria is filled with ugly fussy buildings that do not age well and are usually poorly built and poorly maintained but those are 3 words one would never use for that crop.
Two affordable housing lotteries are now open in Long Island City and Astoria, but only to people who make at least $68,500 a year.
Nice to know that I don't make enough money to even begin to afford 'affordable housing'.
Heinous... So last decade
$2k for a studio?! Almost $3k for a 2 bedroom?!That's affordable?
Amazing how the populace here seems to be so pro-migration (a/k/a pro-wage suppression) and then still cry about high rents. Pro-migration = lower wages overall due to increased labor supply and higher rents due to increased housing demand. While it's true that third-world migrants are not the ones moving into these new developments, they are still constricting supply by encumbering older stock. Not too hard to pay 2700 for a 3 bedroom when you are splitting it with four other migrants. Everybody knows the affordable' apts are tax a abatement scam but it wouldn't be possible without constrained demand from migration. I have seen dozens of these developments built over the years and despite the "non-affordable" prices, they are all fully rented.
Oh but rents are going down.
Post a Comment