The affordable housing lottery has launched for 2-20 Malt Drive, a 34-story high-rise in a two-tower complex in the Hunters Point South master plan in Hunters Point, Queens. Designed by SLCE Architects and developed by TF Cornerstone, the structure yields 575 residences. Available on NYC Housing Connect are 173 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $85,372 to $218,010.
Amenities include a 24-hour attended lobby, an on-site resident manager, clubroom, lounge, coworking room, conference rooms, children’s playroom, fitness center, yoga studio, outdoor pool, package room, shared laundry facilities, bike storage, garage, and a landscaped courtyard and roof deck. Tenants are responsible for electricity.
At 130 percent of the AMI, there are 61 studios with a monthly rent of $2,490 for incomes ranging from $85,372 to $161,590; 64 one-bedrooms with a monthly rent of $2,890 for incomes ranging from $99,086 to $181,740; and 48 two-bedrooms with a monthly rent of $3,590 for incomes ranging from $123,086 to $218,010.
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than December 30, 2024.
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These are exceptional amenities. Also exceptional are the new on-site waterfront park that curves along Newton Creek to the older park along the East River, just a few steps away, part of the longer L.I.C. Greenway with two ferry stops in under a mile to Manhattan, Astoria, Brooklyn and the Bronx. The outdoor gym at Hunter’s Point is just a couple of blocks away too. This neighborhood is becoming one of the most desirable in the city, and affordable to some, at least.
Appending the term “affordable” to housing lotteries such as this is a cruel & callous slap in the face to the millions of struggling and often “essential” New Yorkers, hard-working New Yorkers who are trying to survive in this increasingly unaffordable city of unbridled greed, a city that depends on their labor, taxes and energy, but refuses to give them the dignity of life that we all deserve. Whether it happens in the long tern or in the short term, “let the eat cake” is a recipe for disaster& downfall in any society.