The affordable housing lottery has launched for Turin HDFC, a 19-story cooperative building at 609 Columbus Avenue on the Upper West Side of Manhattan. Built in 1971, the structure yields 188 residences. Available on NYC Housing Connect are 24 resale units for residents at 165 percent of the area median income (AMI), ranging in eligible income from $135,709 to $326,205.
Amenities include 24-hour security, bike storage, storage units, indoor garage parking, pet friendly policies, package room, shared laundry room, common area Wi-Fi, community room, and private courtyard and garden.
Applicants will be asked to make an offer for the apartment they are interested in; while less than the maximum sales price may be offered, it may not be accepted. Income guidelines are subject to change, and larger down payments may allow for lower minimum incomes.
Each buyer must occupy the home as their primary residence. Any prospective applicant who currently owns or previously has purchased a residential property is ineligible. Applications must be postmarked or submitted online no later than October 2, 2023.
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I am certainly glad that people with over a $135k income will not have to live on the streets.
this is April fools early right?
How in the world could you call this AFFORDABLE HOUSING?
This is INCOME LINKED HOUSING for upper income people only.
Available on NYC Housing Connect are 24 resale units for residents at 165 percent of the area median income (AMI), ranging in eligible income from $135,709 to $326,205.
Did they do any renovations to this old building?
It looks like a NYCHA Project.
As much as I feel the market is still very rough for households making say 150-200k, it’s utterly absurd to have affordable housing for those making 325k. They have some options