80/20

What exactly is the 'AMI' that's used to determine affordable housing rents?

… citys affordable housing lottery In New York City AMI is based on income data for the five boroughs plus Putnam … a range of affordability options based on the size of the project For example large rental projects with 100 or more … units For example 60 percent of the incomerestricted apartments built under the citys 421a program between 2017 …

By Celia Young |October 22, 2024 - 9:30AM

Rent

Sponsored By Himmelstein McConnell Gribben & Joseph LLP |February 20, 2019 - 10:00AM

Rent

Ask Sam: How much can the rent increase by in 80/20 buildings?

… depends on which kind of tax benefit program your building is participating in says Sam Himmelstein a lawyer who … the citys 8020 housing program developers are given tax breaks in exchange for reserving 20 percent of the … then your rent could also go up substantially Depending on what your lease says you would be out of the affordability …

Sponsored By Himmelstein McConnell Gribben & Joseph LLP |November 21, 2018 - 10:00AM

Rent

Can I work from my 80/20 apartment—and claim it on my taxes?

By Alanna Schubach |October 22, 2018 - 10:00AM

Sell

2017 real estate forecast: The Trump effect, concessions-mania, Bronx hype, the battle for the BQX, and more

… are personally accessible like massage personal training parking For instance Frick cites TRN a company that offers … a few buildings around the city Theres also Dropcar a valet parking service that is parterning with buildings that dont … is too high a price to pay 2016 already saw very public disputes over the issue in East New York and Inwood in …

By Virginia K. Smith |January 2, 2017 - 11:55AM

Rent

Ask Sam: I found out my apartment is supposed to have a dishwasher. Can I get reimbursed for rent overcharges?

Sponsored By Himmelstein McConnell Gribben & Joseph LLP |December 15, 2016 - 1:59PM

Rent

Ask Sam: Can my 80/20 building shut its subsidized tenants out of the new laundry room?

Sponsored By Himmelstein McConnell Gribben & Joseph LLP |November 3, 2016 - 2:30PM

Affordable Housing

Here's how incomes—and rents—are REALLY calculated in NYC's affordable housing

… for a spot in one of the citys rare affordable 8020 rentals often when you look into a buildings income … Housing Development Corporation HDC However that figure is based on data from the larger New York metro area which … for taking on lowincome renters or offer up stabilized apartments to wealthier renters able to pay much higher …