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Old 04-24-2016, 11:39 AM
 
Location: NYC metro area
607 posts, read 602,070 times
Reputation: 827

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Never applied for a housing lottery before, but yesterday I got an e-mail informing me that I was randomly selected to be put on the wait list for the Peter Cooper Village housing. I don't know what my odds are, but cool.
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Old 04-24-2016, 08:41 PM
 
99 posts, read 190,111 times
Reputation: 41
Quote:
Originally Posted by TiffaNYC View Post
Never applied for a housing lottery before, but yesterday I got an e-mail informing me that I was randomly selected to be put on the wait list for the Peter Cooper Village housing. I don't know what my odds are, but cool.
Yeah and the notice also said that if you number doesn't come up within 2 years, they start all over again and run another lottery. There were over 50,000 people applying for this. Obviously they won't go through that many numbers in 2 years. The whole process is ridiculous and absurd.
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Old 04-25-2016, 05:10 AM
 
Location: Eric Forman's basement
4,771 posts, read 6,568,333 times
Reputation: 1988
Quote:
Originally Posted by TiffaNYC View Post
Never applied for a housing lottery before, but yesterday I got an e-mail informing me that I was randomly selected to be put on the wait list for the Peter Cooper Village housing. I don't know what my odds are, but cool.
Congrats and good luck! There should be about 300 apartments available each year.
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Old 04-25-2016, 07:41 AM
 
Location: Manhattan
25,368 posts, read 37,073,996 times
Reputation: 12769
Quote:
Originally Posted by livingsinglenyc View Post
So they are using 2015 taxes? I don't fit the income bracket now but I may by the time I'm called in years from now for an interview.

Sure,
Even if you are nowhere near the limits now, who knows his situation after a sometimes decade long wait.
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Old 04-25-2016, 08:46 AM
 
Location: Eric Forman's basement
4,771 posts, read 6,568,333 times
Reputation: 1988
Quote:
Originally Posted by Kefir King View Post
Sure,
Even if you are nowhere near the limits now, who knows his situation after a sometimes decade long wait.
The Stuy Town waiting list is good only for two years, and then everyone has to reapply. I bet that's part of the reason why.
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Old 04-25-2016, 10:57 AM
 
Location: NYC metro area
607 posts, read 602,070 times
Reputation: 827
Quote:
Originally Posted by RobbieNYC View Post
Yeah and the notice also said that if you number doesn't come up within 2 years, they start all over again and run another lottery. There were over 50,000 people applying for this. Obviously they won't go through that many numbers in 2 years. The whole process is ridiculous and absurd.
Yeah, I'm inclined to agree with you, but I guess you never know. I'm not getting my hopes up. Besides, I just scored a room that's well within my budget in a 2 bedroom apartment in the awesome Nolita/Little Italy area, so I'm beyond happy where I am.
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Old 04-25-2016, 10:58 AM
 
Location: NYC metro area
607 posts, read 602,070 times
Reputation: 827
Quote:
Originally Posted by macnyc2003 View Post
Congrats and good luck! There should be about 300 apartments available each year.
Thank you
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Old 04-25-2016, 12:13 PM
 
Location: Manhattan
25,368 posts, read 37,073,996 times
Reputation: 12769
Quote:
Originally Posted by macnyc2003 View Post
The Stuy Town waiting list is good only for two years, and then everyone has to reapply. I bet that's part of the reason why.
That REALLY sucks.
I have waited over a decade to be contacted by some of these joints.
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Old 04-27-2016, 02:17 PM
 
64 posts, read 176,748 times
Reputation: 21
log numbers guys? I'm 8,5xx. Friend of mine is like 16,xxx and a family member of mine is 10,xxx.

It's obvious none of us out of the 3 are going to make it in this cycle, but I wonder if that disqualifies us from applying to the next lottery in 2 years?

Everyone I know who applied got a log number which is good, kinda strange. TONS of turnover at Stuy town. and TONS of units. but I'm not sure if that helps us; I think the units we are applying for are specifically set aside? They won't pull from their regular inventory?

I don't even know if I'd want to live there if I was lucky enough to get a lower log number and make it through the process to be honest with you.
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Old 04-27-2016, 04:41 PM
 
Location: Eric Forman's basement
4,771 posts, read 6,568,333 times
Reputation: 1988
From what I was reading the other day, Blackstone has committed to keeping 5,000 units affordable. That includes the apartments currently occupied by long-time residents. Those units are the ones that haven't been renovated. When someone moves out of one of those, that apartment will stay affordable and go to someone on the list.

I assume that the fancy renovated apartments that go for big bucks will remain that way and not be part of the lottery.

Also from what I was reading, 90% of the new affordable apartments will be for the middle-class bracket and only 10% will be for low income.

As far as I know, anyone can apply for the new lottery in two years.

A friend of mine entered, and her number is 6,xxx.
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