The affordable housing lottery has launched for 22 Chapel Street, a 20-story mixed-use building in Downtown Brooklyn. Designed by CetraRuddy and developed by DelShah Capital, the structure yields 180 residences. Available on NYC Housing Connect are 55 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $79,098 to $215,150.
Amenities include a garage, bike storage lockers, package lockers, a shared laundry room, common area Wi-Fi lounge, children’s playroom, gym, and a landscaped rooftop terrace. Residences come with washers and dryers, air conditioning, dishwashers, smart controls for heating/cooling, and name-brand appliances, countertops, and finishes. Tenants are responsible for electricity.
At 130 percent of the AMI, there are 23 studios with a monthly rent of $2,307 for incomes ranging from $79,098 to $138,840; 16 one-bedrooms with a monthly rent of $2,472 for incomes ranging from $84,755 to $156,130; 14 two-bedrooms with a monthly rent of $2,975 for incomes ranging from $102,000 to $187,330; and two three-bedrooms with a monthly rent of $3,431 for incomes ranging from $117,635 to $215,150.
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 31, 2022.
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how many times do I have to write STOP CALLING THIS AFFORDABLE HOUSING!!!!!
This is INCOME LINKED HOUSING and only affordable to UPPER INCOME people, not the low income people that need the housing!
This is a joke and a government subsidy to millionaire developers and their cronies.
THANK GOD 421A IS DEAD.
At 130 percent of the AMI, there are 23 studios with a monthly rent of $2,307 for incomes ranging from $79,098 to $138,840; 16 one-bedrooms with a monthly rent of $2,472 for incomes ranging from $84,755 to $156,130; 14 two-bedrooms with a monthly rent of $2,975 for incomes ranging from $102,000 to $187,330; and two three-bedrooms with a monthly rent of $3,431 for incomes ranging from $117,635 to $215,150.
Honest question. Do you think this new housing positively or negatively affects the local neighborhood? You clearly seem to believe that these new developments cause some sort of harm to poorer residents. Is your issue that this sort of development is happening orthat it is happening with tax credits top provide affordability that you think is dubious?
affordable for high income, more high income moving in less affordable AMI is a joke