Real Estate

See If You Qualify For Affordable Housing in LIC

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Hunter’s Point South Commons and Hunter’s Point South Crossing offer a variety of moderately priced rent stabilized apartments.

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The brand new Hunter’s Point South Living development, located in Long Island City,  offers affordable housing in one of the most desirable waterfront locations of Queens. There are nearly 1,000 apartments available with unique layouts, new appliances, and fantastic views, while the complex itself boasts a long list of amenities. You may not think you would qualify for an affordable unit at Hunter’s Point South, but there are actually a wide variety of living arrangements for various household sizes at multiple income levels. Those New Yorkers falling into upper income brackets — between a $55,200 and $224,000 yearly income — can still apply for affordable housing.

There are 738 apartments at Hunter’s Point South Living designated for moderate income families making between 130 and 205 percent of the area medium income. That means a single person making between $55,000 and $135,000 could apply, as well as a four person family making between $110,000 and $190,000. A family of six, making between $110,000 and $224,000, could also apply for a three-bedroom unit. Be sure to read through the specific income qualifications.

Apartments designated for moderate income families will remain rent stabilized after they move in. A single person in a studio will pay between $1,561 and $1,997 depending on their salary. One bedrooms are renting from $1,965 to $2,509; two bedrooms from $2,366 to $3,300; and three bedrooms from $2,729 and $4,346.

Applying for affordable housing, however, is a much different process than the traditional rental experience in New York City. Instead of working through a broker, all those interested in living at Hunter’s Point South must submit an application by December 15th, 2014. (You can either apply online or by submitting a paper application via written request to Hunter’s Point South Living, 1357 Broadway, Box 308, New York, NY 10018.) Then, a housing lottery will take place, and the city will begin notifying qualified applicants regarding their application starting in early 2015. The first group of selected residents is expected to move in in the spring of 2015.

Once moved in, residents will have access to public terraces, fitness centers, tech centers, bike storage, a community roof garden, party rooms, laundry rooms, and a parking garage. Both of the buildings will be fully staffed with 24-hour lobby attendants, as well as an on-site resident manager. The apartments themselves will include dishwashers, and each of the two-and three-bedroom units have in-unit washers and dryers.

For more information on the buildings and application process, be sure to visit the  Hunter’s Point South Living website.

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925 Affordable Apartments Available in Long Island City in Queens

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Hunter’s Point South Commons and Hunter’s Point South Crossing offer a variety of moderately priced rent stabilized apartments.

All along the East River, in Brooklyn and in Queens, shiny new high-rise apartment buildings are going up. These towers boast deluxe amenities and stunning views. Those New Yorkers with limited incomes would be forgiven for thinking that an apartment in one of these buildings would be out of their reach. However, thanks to various government initiatives, many of these buildings are mixed-income developments that offer affordable housing options.

Hunter’s Point South Commons and Hunter’s Point South Crossing are the first two mixed-income residential buildings at Hunter’s Point South in Long Island City. All 925 units are moderately priced rent stabilized apartments. They are offering studio apartments for as low as $494 a month, 1-bedrooms for $689, 2-bedrooms for $835, and 3-bedrooms for $959. As you can imagine, the demand for these apartments is high, and qualified applicants should apply to be entered into the lottery.

You must submit your application by December 15, 2014, to be entered into the lottery system. Income restrictions apply for each unit, so make sure you read through their qualifications. The city will give a seven percent preference to mobility, hearing and/or visually impaired households, a 50 percent lottery preference to residents of Queens Community Board 2, and a five percent preference to current New York City municipal employees.

This brand-new complex offers 925 total apartments with a variety of layouts. The LEED Silver designed buildings feature public terraces, fitness centers, tech centers, bike storage, a community roof garden, party rooms, laundry rooms, and a parking garage. Both buildings will be fully staffed with 24-hour lobby attendants, as well as an on-site resident manager. The apartments themselves will include dishwashers, and each of the 2-and 3-bedroom units have in-unit washers and dryers.

You can apply through Housing Connect or by submitting a paper application via written request to Hunter’s Point South Living, 1357 Broadway, Box 308, New York, NY 10018. Applications must be submitted or postmarked no later than December 15, 2014, and you are only allowed to submit one application, which will then be entered in the lottery system. Qualified applicants will be notified of their housing lottery status in early 2015, and the first group of selected residents is expected to move in in the spring of 2015.

For more information on the buildings and application process, be sure to visit the Hunters Point South Living website.

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19th Century Developers Gone Wild! History repeats itself on the waterfront.

1851 view of Brooklyn Navy Yard looking north towards Greenpoint

Over-zealous waterfront development in Greenpoint is actually pretty old news. Scroll back the hands of time to the mid 1800’s and we’d find a very familiar scenario taking place on our shores. Before there were real estate moguls like George Klein and David Bistricer, there was Neziah Bliss–an entrepreneur that radically transformed the Greenpoint landscape forever.

Bliss, like his modern day compatriots, was a man of big ideas. He saw our expansive waterfront and could instantly hear the coins ringing.  Continue reading

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Brace yourselves. Greenpoint is getting more towers.

161 West Street. Photo courtesy of Google Street View.

Believe it or not, it’s true. Developers think Greenpoint is the capital of cool. So cool in fact, even a London-based private equity firm called Quandrum Global, is the latest real estate developer to pony up on our waterfront action.   Continue reading

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Got 20 Minutes? That’s All it Takes to Get Your Apartment Insured

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If only every apartment came with one of these guys | Sam Lavy via Flickr

Let Gotham show you how getting NYC home insurance is fast, friendly, affordable, and easy.

Created By BlankSlate

Everything about moving to a new place seems to take too long. Searching for an affordable rental, getting approved for a mortgage or by a co-op board, waiting for the cable guy. And then you have to deal with getting apartment insurance?
Fortunately, that’s the one part of your move that you can get out of the way in as little as 20 minutes. That’s the amount of time it typically takes Gotham Brokerage to line up apartment insurance for their clients.

Gotham Brokerage is a New York-based, family-owned company, and they know NYC apartment owner and renter needs better than anybody else. This means they can quickly determine the right kind of plan and coverage. If you’ve been putting off getting your apartment insured because you thought you didn’t have the time, now you know: it will take less time than it took to get your couch up the stairs, and probably cost less than the tip for the movers.

Sponsored post courtesy of BlankSlate for Gotham Brokerage.

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Not An Urban Outfitters! Franklin St is Getting… a Convention Center!

Brooklyn Expo Center - Opening October 2014

When the curtains fell to reveal a wrap around glass front building at 79 Franklin St (at Noble St) in Greenpoint, many residents wondered and dreaded what would open up there. A few of the predictions were American Apparel, Blue Bottle, Brooklyn Industries, laser tag, a roller disco and Trader Joe’s. Soon signs reading “Brooklyn Expo” were hung in the windows. Continue reading

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We May Have Just Found the Worst Slumlord in Brooklyn

Slumlord Malina Nealis

The first time I saw Malina Nealis, it was in a the video below, where she is recorded beating the cameraman with a file folder, yelling in a thick Eastern European accent ‘Don’t take the pictures of me!’”

This in itself is almost comically insane, but it gets worse. Continue reading

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Greenpoint Power Couples – Beth & Chris, Eastern District

Beth Lewand & Chris Gray of Eastern District, on their wedding day in 2009

In the grand finale to our Valentine’s Day power couple series, we saved the most unique neighborhood love story for last, as it encompasses not one, but three couples with Greenpoint roots. Beth Lewand, who owns craft beer and cheese emporium Eastern District on Manhattan Avenue and Eagle Street with her husband Chris Gray, wrote a beautiful and historical narrative of her family’s relationship to the neighborhood. We think you’ll really enjoy it. Happy Valentine’s Day to our readers and to all the couples who shared the love in this series! Continue reading

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De Blasio Striptease and a Camel Parade–The Hook Up (1/6)

 

 

 

 

 

 

 

 

 

 

 

 

Well, the snow did fall last weekend, schools closed, and our new mayor proved he knows how to wield a shovel…and show off his layers with sass. Welcome to 2014.

Don’t look up, it’s raining men lights at McCarren Park. (NY Daily News)

Speaking of McCarren, our humble park may be the future home of a giant bubble. Inside this bubble, there will be tennis  year ’round, for a price.

Some camels strolled down Graham Ave to celebrate the birth of baby Jesus. Totally normal.

ICE + FIRE = an epic blaze that lasted over 5 hours at a Brooklyn lumber yard.

Local real estate developer, Menachem Stark, was kidnapped from his office last week. His body was found on Friday, in Greak Neck, Long Island, and confirmed to be the missing man on Saturday; over a thousand mourners gathered for the funeral in Hassidic Williamsburg.  According to the NY Times, he owned several neighborhood buildings, including the Greenpoint Hotel and 239 Banker Street, which he converted from a factory to trendy lofts. Both had some serious building violations and the latter was vacated in 2009, leaving him with more than a few enemies, but investigations into the murder have yet to be resolved.

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Greenpoint Hotel’s Hostel Takeover

© Greg Hanlon

This past year a public walk-thru of the Greenpoint Hotel, a Single Room Occupancy (SRO) at 1109 Manhattan Ave revealed mold, rats, and heat, hot water and electrical problems. The property has been purchased along with authority over ALL the tenant leases and there is talk that it may be demolished completely and transformed into a hostel. Continue reading

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