The affordable housing lottery has launched for 1308 – 1314 Lincoln Place, a pair of six-story residential building in Crown Heights, Brooklyn. Designed by Feingold & Gregory Architects, the structures yield 13 residences each. Available on NYC Housing Connect are eight units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $102,686 to $181,740.
1308 – 1314 Lincoln Place in Crown Heights, Brooklyn via NYC Housing Connect
1308 – 1314 Lincoln Place in Crown Heights, Brooklyn via NYC Housing Connect
1308 – 1314 Lincoln Place in Crown Heights, Brooklyn via NYC Housing Connect
Residences come with air conditioning, dishwashers, intercoms, split unit heating and cooling with smart controls, name-brand kitchen countertops, appliances, and finishes. Amenities include high-speed internet, gym, rooftop terrace, storage, bike storage lockers, covered parking with assigned parking spaces, a shared laundry room, and pet-friendly policies. Tenants are responsible for electricity including stove, heat, and hot water.
At 130 percent of the AMI, there are eight one-bedrooms with a monthly rent of $2,995 for incomes ranging from $102,686 to $181,740.
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than August 28, 2024.
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This Should Be A Crime…
This Should Be A Crime…
This Should Be A Crime.
What is the Area Median Income? Too low! Gotta jack it up by 30%!
So if 100% of AMI means 50% of people can afford the rent, 130% means around 80% of NYC residents cannot pay these rents.
Still more unaffordable housing for NYC. How many apts with rents lower than this were razed to build this?