East Harlem Building Launches Affordable Housing Lottery

December 13, 2023

A recently unveiled affordable housing lottery in East Harlem targets residents with annual incomes below $200,000.

Situated just two blocks from Central Park because once housed a local baseball field, 50 East 112th St. is a new 348-unit building forming part of the Sendero Verde mixed-use complex.

The lottery is open to households earning between $19,646 and $192,610 annually. Developed by Jonathan Rose Companies, L+M Development Partners, and Acacia Network, and designed by Handel Architects, this construction offers various amenities, including an outdoor terrace, fitness center, community room, computer room, bicycle storage, package lockers, in-unit broadband internet, and on-site laundry. All units will be subject to rent stabilization.

The studios are priced at $498, $922, $1,134, and $1,834 for households with incomes at 30%, 50%, 60%, and 110% of the Area Median Income (AMI). One, two, and three-bedroom units range from $632 to $3,169 based on household size and AMI. Applications are encouraged from households of one to seven people, and tenants will be responsible for electricity, including cooking. You can check your AMI here.

The complex incorporates accessibility features, with 5% of units reserved for those with mobility impairments and 2% for individuals with vision/hearing impairments. Additionally, 50% preference for units will be given to existing community board residents, and 5% preference will be extended to New York City employees.

Designed to meet Passive Housing energy standards, the Sendero Verde complex, including the 15-story tower at 60 East 112th St. and the ten-story building at 75 East 111th St., is expected to significantly reduce energy consumption for heating, cooling, and ventilation.

The Sendero Verde community space will host senior and youth programs, educational facilities, local nonprofits, arts and culture events, and more.

Applications must be submitted by Feb. 9, 2024, and you can apply via NYC Housing Connect can here or by requesting a mail-in application from Sendero Verde Phase II/Murray Hill, PO BOX 2051, New York, NY 10016.

Photo credit: NYC Housing Connect.

By submitting this form, you are consenting to receive marketing emails from: Harlem World Magazine, 2521 1/2 west 42nd street, Los Angeles, CA, 90008, https://www.harlemworldmagazine.com. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact
We're your source for local coverage, we count on your support. SUPPORT US!
Your support is crucial in maintaining a healthy democracy and quality journalism. With your contribution, we can continue to provide engaging news and free access to all.
accepted credit cards

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Related Articles