Applications are open for 98 new housing lottery apartments on the Lower East Side.
The discounted apartments are in a 25-story, otherwise market-rate building at 115 Delancey St., part of the Essex Crossing mega-development, on a former urban renewal site that was used as parking lots for decades. Another building that is part of the project recently started taking applications for a handful of below-market-rate condos.
The apartments in 115 Delancey are studios and one, two, and three bedrooms. They are set aside for households earning 40 percent, 60 percent, 120 percent, and 165 percent of the area median income, with studios starting at $519 a month, for the lowest tier. Here's more of a breakdown on those income requirements:
The building is described as having an attended lobby, a live-in super, terraces, a gym, a yoga room, a kids room, bike storage, and a resident lounge. The developer plans to charge for access to all of that, including the terraces.
If you're interested and think you might qualify for one of these buildings, you can create a profile and apply online via NYC Housing Connect. Don't apply more than once, or you could be disqualified.
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