The affordable housing lottery has launched for Rockaway Village Apartments, three residential buildings at 1701, 1721, and 1725 Village Lane in Far Rockaway, Queens. Designed by Marvel Architects and developed by Phipps Houses, the structures yield a total 1,693 residences. Available on NYC Housing Connect are 550 units for residents at 30 to 100 percent of the area median income (AMI), ranging in eligible income from $15,806 to $148,000.
At 30 percent of the AMI, there are 21 units with a monthly rent ranging from $388 to $662 for incomes ranging from $15,806 to $44,400. At 40 percent of the AMI, there are 54 units with a monthly rent ranging from $558 to $957 for incomes ranging from $21,635 to $59,200. At 50 percent of the AMI, there are 140 units with a monthly rent ranging from $729 to $1,253 for incomes ranging from $27,498 to $74,000. At 60 percent of the AMI, there are 143 units with a monthly rent ranging from $900 to $1,549 for incomes ranging from $33,360 to $88,800. At 80 percent of the AMI, there are 106 units with a monthly rent ranging from $1,075 to $1,885 for incomes ranging from $39,360 to $118,400. At 100 percent of the AMI, there are 86 units with a monthly rent ranging from $1,040 to $1,824 for incomes ranging from $38,160 to $148,000.
That's about 1,143 units that will be market rate. The lottery results are going to look interesting when they are advertising rooms like this.
That bedroom is tight, in the literal sense. And I bet the lucky lottery winner is sure going to love that dickhead bunny picture. Who does Phipps and NYC Housing expect to live here, Donnie Darko?
