Affordable Housing

Housing lottery opens for 235 new apartments near Hudson Yards

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By Emily Myers  |
June 16, 2022 - 9:30AM
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Rents start at $690 a month for a rent-stabilized studio at 601 West 29th St., available through a newly launched housing lottery.

NYC Housing Connect

Applications are open for 235 newly constructed apartments at 601 West 29th St. near Hudson Yards through the affordable housing lottery. 

The rent-stabilized apartments are studios, one, and two bedrooms set aside for renters who make $26,229 to $144,100 for households of one to five people. Rents start at $690 a month for a studio. 

There are 64 one-bedroom apartments available for renters with incomes of $28,286 to $48,040. The rent for these apartments is $741. There are also another 64 one bedrooms available for people earning $42,000 to $72,060. For these apartments, the rent is $1,141. 

The building is at the junction of West 29th Street and 11th Avenue, a block from the stores, restaurants, and entertainment options at Hudson Yards, and close to the High Line. It is also a block from the Hudson River Greenway. It is also not far from the transit hub at 34th St-Penn Station. 

Rent includes gas for cooking and renters are responsible for electricity. Apartments have energy-efficient appliances, hardwood floors, washer dryers, and dishwashers. The pet-friendly building also has a shared laundry room. There are other amenities for which fees apply, including a gym, outdoor pool, bike storage, and parking.

The developers have set aside 50 percent of the affordable apartments for those who live in the community and 5 percent for NYC employees. A small percentage of apartments are also set aside for those who need assistance with vision, hearing, or mobility issues. 

Applications must be submitted online or postmarked no later than August 9th. 

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.

Do you have first-person advice to share about the affordable housing lottery? Drop 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.

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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