Housing lottery launches for 75 rent-stabilized units in Lower Manhattan
- Households earning $68,126 to $227,500 are eligible to apply, and rents start at $1,819
- The elevator building is pet-friendly and has a gym, concierge, and roof terrance
Hill West Architects and the Rockwell Group designed the development, which is slated to include an outdoor pool.
Housing lottery applications are open for 75 rent-stabilized apartments at a new development in the Financial District. Households that earn $68,126 to $227,500 are eligible to apply, depending on the number of people you live with. Rents start at $1,819 for a studio.
The 38-story development at 7-13 Platt St. allows dogs under 40 pounds or a cat with the owner’s approval. For transportation options, 7 Aria Platt is near the Fulton and Wall Street train stations with access to multiple subway lines.
Other amenities in The Moinian Group’s tower include a party room, outdoor areas, and package and bike lockers. Hill West Architects and the Rockwell Group designed the development, which is slated to include an outdoor pool. Units come with dishwashers.
The apartments are set aside for New Yorkers earning from 70 to 130 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 $129,600 for a two-person household. The apartments available include studios as well as one- and two-bedroom apartments.
There are 22 one-bedroom units available for households earning from $135,429 to $189,540. The rent for these apartments is $3,758.
Applications must be submitted online or postmarked no later than June 8th.
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.
