Housing lottery launches for 173 apartments above a new public library in Inwood
- Applicants who earn $16,183 to $105,060 can apply and rents start at $397 for a studio
- The 14-story building has a gym, recreation room, bike storage, rooftop terrace, and laundry
Housing lottery applications are open for 173 rent-stabilized apartments at a new development at 4790 Broadway in Manhattan’s Inwood neighborhood. New Yorkers who earn $16,183 to $105,060 are eligible to apply, depending on the size of the household. Rents start at $397 for a studio.
The 14-story building has a gym, recreation room, bike storage, rooftop terrace, and laundry room—though the laundry isn’t free. It’s located near the Dyckman Street A and 1 train stations and the Metropolitan Museum of Art’s Cloisters museum.
The developers—a joint venture of the Community League of the Heights, Children's Village, Ranger Properties, Alembic Community Development, and Housing Workshop—expect to wrap construction on the building later this year, according to the city.
Dubbed the Eliza after Eliza Hamilton, (yes, that "Hamilton") the property will host Inwood’s new, 20,000-square-foot public library, replacing the smaller temporary branch at 4857 Broadway by early 2024. The developers also plan to include 6,800-square-foot, universal pre-kindergarten space operated by the Department of Education, a 10,000-square-foot community facility, and classroom space leased to science and technology nonprofit First Robotics.
The Eliza’s apartments are set aside for New Yorkers earning up to 60 percent of the area median income (AMI)—a metric that depends on how many people you live with. Currently the AMI for New York City is $113,000 for a two-person household. The units available include studios as well as one-, two-, and three-bedroom apartments.
There are 59 one-bedroom apartments available for households earning from $20,160 to $76,260. The rent for these apartments ranges from $503 to $1,342.
The developers have set aside 50 percent of the rent-stabilized apartments for applicants who already live in the area. A small percentage of the apartments are set aside for residents with mobility, vision, and hearing needs, and another 5 percent of the apartments will be preferentially given to city employees.
Applications must be submitted online or postmarked no later than Oct. 13th.
If you’re interested and think you might qualify for one of these apartments, you can create a profile and apply online via NYC Housing Connect. For details on this particular lottery, click here. Don’t apply more than once, or you could be disqualified.
Winning a rent-stabilized apartment can be life changing: Rent increases are capped and lease renewals are automatic, providing long-term stability for NYC renters. Need more information on how the housing lottery works? Check out “6 steps for applying to NYC's affordable housing lottery.”
For some advice from successful applicants read “How to land a rental apartment through NYC's affordable housing lottery.” And if you or someone you know is having trouble with the application process, consider reaching out to a housing ambassador in the community.
Note: Brick Underground is in no way affiliated with New York City’s Department of Housing Preservation and Development or the Housing Development Corporation. If you are interested in applying to these or other affordable housing developments, please go to NYC Housing Connect for information and instructions.
Have you successfully won an apartment through the affordable housing lottery? If you have first-person advice to share about the process, we’d love to hear from you. Please send us an email. We respect all requests for anonymity.
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