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Old 10-25-2018, 08:09 AM
 
Location: New York, NY
6,689 posts, read 6,038,683 times
Reputation: 5970

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Beautiful and spacious building in a great area, with views and a gym and pool for 130% AMI.

Interesting how that the ad does not mention how many units are being given away

Anyway, good luck to you all!!
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Old 10-25-2018, 08:28 AM
 
Location: Eric Forman's basement
4,776 posts, read 6,579,361 times
Reputation: 1993
That is odd! At the top of the ad, though, it says 28 units are available. What the breakdown is, is impossible to know.

I looked at Google street view, and it seems to be that it's an existing building. So maybe it's the type of deal that the lottery apartments are currently occupied. Then that would be similar to the situation at Stuy Town. As current residents move out, lottery people are moved in.
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Old 10-25-2018, 08:48 AM
 
18 posts, read 20,478 times
Reputation: 11
What's even more odd is this statement in the ad.

"Rents and Income limits are subject to change." lol I hope they do not increase tenants' rent as soon as they moved in...

https://a806-housingconnect.nyc.gov/...entPdf/617.pdf
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Old 10-25-2018, 09:18 AM
 
Location: Lower East Side, NYC
2,970 posts, read 2,618,483 times
Reputation: 2371
Lol, I'll apply on Monday, why not. They seem to think my magi is my total income anyways.
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Old 10-25-2018, 10:08 AM
 
345 posts, read 854,107 times
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Gee, so affordable.
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Old 10-25-2018, 10:38 AM
 
Location: JC
1,837 posts, read 1,614,661 times
Reputation: 1671
$2,500 for a one bedroom in doorman building is absolutely affordable for the Hell's Kitchen/Midtown border. Rent for a similar unit in nearby buildings is at least $3,500 p/month.

Holy heck did not realize that has affordable units. Looking out my living room window at the building right now. With the SO leaving full time employment we technically should fall under the AMI bracket. Might as well take a chance and apply!

Last edited by GoHuskies; 10-25-2018 at 10:46 AM..
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Old 10-25-2018, 10:42 AM
 
Location: Eric Forman's basement
4,776 posts, read 6,579,361 times
Reputation: 1993
It wouldn't hurt to apply, GoHuskies, but if your partner's tax returns for the previous two years show a higher salary, that could disqualify you.
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Old 10-25-2018, 10:49 AM
 
Location: JC
1,837 posts, read 1,614,661 times
Reputation: 1671
Well damn. Thanks for the knowledge update.
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Old 10-25-2018, 12:05 PM
 
3,147 posts, read 2,738,515 times
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Not necessarily--depends on the reason. They're trying to stop people from gaming the system, but, if, e.g., your SO is having a baby and staying home to take care of it, or some other legit reason for leaving work, you could still qualify.

That is a kind of weird area, just barely north of the Times Square influence/tourist grossness. Not so much a residential area. There's also a strip club right there that for some reason doesn't show up on Google Maps (hmmm....). I honestly don't think I'd want to live there. But it's a good value to be smack dab in the middle of Manhattan.
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Old 10-25-2018, 12:10 PM
 
Location: Lower East Side, NYC
2,970 posts, read 2,618,483 times
Reputation: 2371
I have issues with groceries over there (not too many cheap alternatives), but otherwise it's great for commute. I know a few people whom live in buildings in that general vicinity. I actually passed the building last night to get to my friend at Port Authority haha.
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