Property owner Blackstone said that potential renters who missed out on a unit last year (15,000 reportedly applied) could try again now through March 10.
Here's Town & Village with more:
This reopening is specifically for applicants in the higher-income bracket for one and two-bedroom apartments since those are the unit sizes that are most common throughout the property. However, the original waiting list is still active for unit types not included in the current lottery as well as one and two-bedrooms.
And!
An ad promoting the lottery that’s running in four newspapers this week, including Town & Village, states that the rent for a one-bedroom would go for $2,805 for one person earning $84,150-$104,775 or for two people earning $84,150-119,625. A two-bedroom would go for $3,366 for a 2-4 person household earning a minimum of $100,980 to a maximum of $119,625 for two people, $134,640 for three people and $149,490 for four people.
By contrast, market rent in Stuyvesant Town starts at $3,200 for one-bedroom units and at $3,900 for two-bedroom units.
Town & Village interviewed several people about the process. (Read that article here.) Here's one person, who entered the lottery last year, expressing frustration about the experience.
“The city was proud to announce that 5,000 units at Stuy Town would remain affordable, and they claimed that Stuy Town would remain a place to live for low to middle-income New Yorkers like nurses, teachers,” he said. “However, 90 percent of these affordable units are being awarded to those making no less than $84,150 a year. I don’t know any teachers or nurses who make that kind of a salary.”
You can apply online here.
