Affordable Housing

An affordable housing lottery opens for 95 apartments on the Lower East Side

  • Eligible applicants must earn from $27,738 to $165,500 and rents start at $710
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By Emily Myers  |
February 23, 2023 - 10:15AM
rooftop pool and loungers with NYC buildings to horizon

A rendering of the rooftop pool at The Suffolk, where there are 95 rent-stabilized apartments available via the lottery. 

NYC Housing Connect/55 Suffolk Lottery

Housing lottery applications are open for 95 newly constructed apartments at The Suffolk at 55 Suffolk St. on the Lower East Side. Eligible applicants must earn from $27,738 to $165,500 depending on the size of the household. Rents start at $710 for a studio.

The available apartments include studios, one, and two bedrooms plus a single three-bedroom apartment. There's a range in the area median income (AMI) requirements for applicants from 40 to 100 percent. AMI depends on how many people you live with. Currently the AMI for New York City is $106,800 for a two-person household. 

The pet-friendly building is across the street from the new Essex Market. Amenities include a fitness center, rooftop pool, and a full-floor suite with a lounge. The lobby has an attendant 24/7 and there's an on-site super. There's also bike storage plus access to co-working spaces and a terrace with lounge seating and barbecues. Additional fees apply for the use of the pool, storage, and gym, as well as recreation and business spaces. 

For pet owners, there's a dog-washing station and large dogs and multiple pets are allowed. The apartments all have dishwashers and washer dryers as well as smart controls for heating and cooling. Tenants are responsible for electricity and gas for the stove. Rent includes heat and hot water. 

The nearest subway station is Delancey-St. Essex St. for the F, M, J, and Z trains. 

The developers have set aside 50 percent of the rent-stabilized apartments for applicants who already live in the area. Another 5 percent of the apartments will be preferentially given to NYC employees. A small percentage of the apartments are also set aside for residents with mobility, vision, and hearing needs. 

Applications must be submitted online or postmarked no later than April 12th.

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 affordability 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.

 

Headshot of Emily Myers

Emily Myers

Senior Writer/Podcast Producer

Emily Myers is a senior writer, podcast host, and producer at Brick Underground. She writes about issues ranging from market analysis and tenants' rights to the intricacies of buying and selling condos and co-ops. As host of the Brick Underground podcast, she has earned four silver awards from the National Association of Real Estate Editors.

Brick Underground articles occasionally include the expertise of, or information about, advertising partners when relevant to the story. We will never promote an advertiser's product without making the relationship clear to our readers.

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