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Old 12-01-2015, 02:42 PM
PQM PQM started this thread
 
Location: Brooklyn
93 posts, read 233,655 times
Reputation: 46

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A new housing lottery has been launched on the Upper East Side with 47 below market rate apartments. Good luck to everyone who applies!









More info and images in the post here.
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Old 12-01-2015, 06:32 PM
 
Location: Harlem, NY
7,906 posts, read 7,899,781 times
Reputation: 4153
I applied just for the FU*K of it. Even though the neighborhood lacks character.
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Old 12-01-2015, 06:44 PM
 
31,931 posts, read 27,028,526 times
Reputation: 24831
Fuller story here: Live In a Upper East Side Luxury Rental From $607/Month - Affordable Housing Wire - Curbed NY


Important take away points:


Half of the "affordable" units are reserved for CB8 residents.


Since this is a 421a property it could be that these affordable units have a sunset; that is after a certain period that requirement goes away. Though IIRC recent legislation could mean the units will fall under RS laws, not sure...
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Old 12-01-2015, 06:47 PM
 
593 posts, read 471,185 times
Reputation: 1187
Amazing, make $22,218 to $24,200 per year and live in Manhattan luxury for only $607/month. Who the heck makes only $22k/year? I made more than that in the 1990s doing data entry.
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Old 12-01-2015, 06:48 PM
 
31,931 posts, read 27,028,526 times
Reputation: 24831
Quote:
Originally Posted by HellUpInHarlem View Post
I applied just for the FU*K of it. Even though the neighborhood lacks character.

Oh I don't know. It isn't Lexington, Park, Madison or Fifth on 92nd that is true. But you still are on the UES/Yorkville in a new building. Persons living just down the street in Ruppert Towers certainly have no problems with the area "lacking character" nor does anyone trying to get into that development.


You've got WF down Third. The 92nd Street Y is just a block away and CP several further. Two or three new buildings are coming up in that area and of course the SAS will be open by this time next year. That already has brought huge changes to both Third and Second Avenues in this area.
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Old 12-01-2015, 07:58 PM
 
8 posts, read 18,700 times
Reputation: 14
Quote:
Originally Posted by fluttereagle View Post
Amazing, make $22,218 to $24,200 per year and live in Manhattan luxury for only $607/month. Who the heck makes only $22k/year? I made more than that in the 1990s doing data entry.
Exactly. Where's the middle/moderate income housing??? All these developments for the $20k-$30k income ranges.
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Old 12-02-2015, 08:19 AM
 
Location: Westchester County, NY
1,602 posts, read 1,917,308 times
Reputation: 1548
Quote:
Originally Posted by ntwrkguy View Post
Exactly. Where's the middle/moderate income housing??? All these developments for the $20k-$30k income ranges.
It's utterly infuriating.
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Old 12-02-2015, 08:40 AM
 
111 posts, read 207,383 times
Reputation: 60
I make too much but I still applied.
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Old 12-02-2015, 12:22 PM
 
Location: Eric Forman's basement
4,777 posts, read 6,584,266 times
Reputation: 1994
It looks like a nice building! Good luck to everyone who applied.
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Old 12-02-2015, 02:29 PM
 
Location: Manhattan
25,375 posts, read 37,102,448 times
Reputation: 12775
Funny,
I was getting all Related offers and I haven't gotten this one. PQM, how did you find out about the offer?
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