A housing lottery opens for 463 apartments in Long Island City

By Emily Myers | August 4, 2022 - 9:30AM

Applications are open for 463 newly constructed apartments at Gotham Point North Tower in Long Island City through the affordable housing lottery. Eligible applicants must earn incomes in the range of $16,183 to $273,075, depending on household size.

The rent-stabilized apartments are studios, one, two, and three bedrooms set aside for people earning from 30 percent to 165 percent of the area median income (AMI) depending on their household size. Currently the AMI for New York City is $106,800 for a two-person household.

Rents start at $397 a month for a studio for those earning $16,183 to $32,040. There are 48 one-bedroom apartments available for tenants with incomes of $73,509 to $150,125. The rent for these apartments is $2,060.

The building is at 1-15 57th Ave., near the Vernon-Jackson Blvd subway station where you can catch the 7 train. The NYC Ferry at Hunter's Point South is also very close.

The building is pet friendly and has a long list of luxury amenities including an electric car charging station, a gym, yoga studio, media room, kid's playroom, rooftop terrace, business center, and storage.

Apartments have energy-efficient appliances, wide-plank flooring and high-end fixtures. The developers have set aside 50 percent of the affordable apartments for those who live in the community. There is also a 20 percent preference for applicants aged 62 years or more and a 5 percent preference for NYC employees. A small percentage is also set aside for those with mobility, vision, or hearing impairments.

Applications must be submitted online or postmarked no later than September 28th.

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 one of these rent-stabilized apartments 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, send us an email. We respect all requests for anonymity.

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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.

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