Affordable Housing Lottery Launches for 111 Varick Street in Hudson Square, Manhattan

The affordable housing lottery has launched for 111 Varick Street, a 30-story residential building in Hudson Square, Manhattan. Designed by S9 Architecture with interiors by Chris Shao Studio and developed by Extended, the structure yields 100 residences in a mix of studio, one-, and two-bedroom layouts. Available on NYC Housing Connect are 30 units for residents at 70 to 130 percent of the area median income (AMI), ranging in eligible income from $48,343 to $167,570.

111 Varick Street in Hudson Square, Manhattan

111 Varick Street in Hudson Square, Manhattan

111 Varick Street in Hudson Square, Manhattan

Amenities include an on-site resident manager, pet-friendly policies, bike and tenant storage, and a garage with automated parking and electric car charging stations. There is also a fitness center, meditation and yoga room, conference room, club lounge, billiards table, dining room with adjacent demonstration kitchen, children’s playroom, and private media center. Residents will also have access to a landscaped rooftop terrace with a grilling station, dining table, and jumbo screening area. Units include name-brand appliances and finishes, hardwood floors, and private outdoor balconies or patios.

111 Varick Street in Hudson Square, Manhattan

111 Varick Street in Hudson Square, Manhattan

At 70 percent of the AMI, there are seven studios with a monthly rent of $1,224 for incomes ranging from $48,343 to $66,850 and three one-bedrooms with a monthly rent of $1,313 for incomes ranging from $53,966 to $75,180.

At 80 percent of the AMI, there are nine one-bedrooms with a monthly rent of $1,509 for incomes ranging from $60,686 to $85,920 and six two-bedrooms with a monthly rent of $1,820 for incomes ranging from $72,995 to $103,120.

At 130 percent of the AMI, there is one studio with a monthly rent of $2,514 for incomes ranging from $86,195 to $124,150, three one-bedrooms with a monthly rent of $2,689 for incomes ranging from $92,195 to $139,620, and one two-bedroom with a monthly rent of $3,219 for incomes ranging from $110,366 to $167,570.

111 Varick Street in Hudson Square, Manhattan

111 Varick Street in Hudson Square, Manhattan

Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than November 23, 2021.

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