Households that earn $33,909 to $218,010 are eligible to apply for units at The Houston, a development via SMA Equities being constructed through the city's Inclusionary Housing Program.
The apartments are designated for New Yorkers earning between 40% and 130% of the area median income (AMI), which varies based on household size. Studio rents start at $989. First bedroom and two-bedroom units are also available.
First, some amenity info:
At The Houston, modern design and urban sophistication converge to create an unparalleled residential experience. More than just a home, this contemporary residence invites you to embrace a lifestyle of comfort and convenience. Elevate your day-to-day living with exclusive amenities such as a fully equipped gym*, secure bike storage*, a stylish media room*, a versatile recreation room*, and a professional business center*. The pet policy allows a maximum of one dog up to 45 lbs. at full growth, with certain breed restrictions.(*fees apply) Rent includes all utilities (gas stove, electricity including electric hot water and heat).
• Residents who live within the confines of Community Board 3 (20%)
• Residents with mobility issues (5%)
• Residents who are city employees (5%)
• Residents with vision/hearing needs (2%)
Find more details and apply here. (Be sure to read the fine print, such as do NOT submit multiple applications or apply online AND via U.S. mail.)
Some background from previous EVG posts: No. 280 encompasses 224,809 square feet of residential, commercial, and community space. The residential portion will total 211,028 square feet for 157 apartments, with an average size of 1,300 square feet. The retail section — the listing is here — will feature 12,000 square feet.
Last July, Gothamist reported that the construction company, which has ties to Mayor Adams, illegally started work on the building before obtaining the essential permits.
The parcel previously housed a single-level strip of storefronts that relocated closer to the residential building at No. 250 E. Houston St. (Kapri Cleaners and the FedEx Office Print & Ship Center) or closed (Subway, Mattress Firm, and China Town) several years ago.
The elongated trapezoidal lot housed a gas station until about 1987.
Prep work (plywood, pedestrian barriers, etc.) started in February 2023. The building is still under construction, though it appears to be winding down.
8 comments:
If you make $65K-$120K, you're out of luck. As usual, I am one of those whose income falls within that range and this is why we are being pushed out. The lottery system is a joke.
I've lived in NYC for over 20 years. In spite of submitting a plethora of applications to the lottery system, nothing, nada, zilch. I think it is a scam. Waste of time. Better off qualifying for an apartment w/o this stupid system.
It is not a scam. I’ve never won the actual New York State lottery but that doesn’t make it crooked.
I'm confused. What happens if you make more than $120k? Your statement reads as though 64 or 122 k is okay???
What a joke, less than 30 available affordable units in that massive complex
Note also the fine print of asset limits. So...even if you only receive an income of $25,000/year from social security ...if you have any IRA funds or an inheritance of some sort that will count against you. For the lowest incomes it is a limit of $62,000 according to the chart.
If you follow the link you’ll see there is a big gap in acceptable income.
Exactly! So we’re also eliminated if we’ve tried to be financially prudent with some savings but still can’t afford with our income a market rate apt. Are there any lotteries that don’t eliminate you for that??
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