Everything You Need to Know about the Affordable Housing Lottery at Essex Crossing Site 5

Posted on: March 6th, 2017 at 5:06 am by

essex-crossing-site5_wm

The time has come – the scramble to score an affordable apartment inside Essex Crossing. The housing lottery for Site 5 (145 Clinton Street) opened last Friday and is ready for applications. Competition promises to be fierce, especially since prices start at a meager $519 for studios.

Here are the nuts and bolts (see full literature appended below):

  • There are a total of 211 units at 145 Clinton Street, 104 of which are affordable. Trader Joe’s is opening a location here, Planet Fitness is coming, and a 15,000 square-foot park is also in the making.
  • The affordable units are available to households earning between 40% and 165% AMI (Area Median Income) and range from studios to three-bedrooms.
  • Residents of Community Board 3 are given priority for 50% of these units (i.e. 52).
  • Former site tenants from back in the day will receive additional priority.
  • Applications are due by May 2.
Site 5 rendering

Site 5 rendering

From the inbox:

The first affordable housing lottery at Essex Crossing has commenced and will be open for 60 days. The 15-story building at 145 Clinton Street, known as Site 5, will contain a total of 211 residential units. 104 of these unit units are available to households earning between 40% and 165% AMI (Area Median Income) and range from studios to three-bedrooms. Site 5 will also include a Trader Joe’s grocery store and a 15,000 square foot public park adjacent to the building.

To learn more about the available units, income requirements, and to apply online, please visit the NYC Housing Connect Online Portal.

Residents of Community Board 3 receive a preference for 50 percent of the affordable units. Former Site Tenants of the Seward Park Extension Urban Renewal Area (SPEURA) will receive an additional priority within the Community Board 3 preference.

Local Housing Ambassadors can provide assistance with the online housing application process.

Firehouse that formerly occupied Site 5, Sep. 2014

Firehouse that formerly occupied Site 5, Sep. 2014

For those seeking a more personal presentation, there will be Community Information Session on the topic later tonight, 6:30 to 8:30 at 350 Grand Street.

In the meantime, here is the table showing available units and income requirements.

Essex Crossing Affordable Housing Information by BoweryBoogie on Scribd

Recent Stories

‘Peasant’ to Stay on Elizabeth Street Under Chef Marc Forgione

So, it turns out that Peasant will remain on Elizabeth Street, after all. But under new ownership. One month ago, we reported that founding chef-owner Frank DeCarlo reportedly decided against renewal. An apparent change of heart unfolded in the interim… The New York Times this week disclosed that DeCarlo sold the business to Marc Forgione, […]

Longtime Orchard Street Laundromat Felled by Rent Hike

A longtime laundromat on lower Orchard Street is set to close by year end. The Orchard Cleaner and Laundromat is counting the days to December 31, after which its lease reportedly expires. A purported rent hike for the renewal is the cause behind this latest closure. However, details regarding the percentage increase are not immediately […]

Evoking Department Store Past, The Ridley Launches Leasing on Allen Street with $19K Rental

Here’s your chance to live in a nineteenth-century department store, albeit at luxury pricing. In an obvious nod to the pedigree of 66 Allen Street (aka 315 Grand) – the spot was once Ridley & Sons Department Store – the remodeled upper floors are repositioned as “luxury apartment rentals” called The Ridley. Not a “deal” […]

‘Nostalgia Train’ is Back on the Rails this Holiday Season

All aboard! The Nostalgia Train is back. The New York Transit Museum and the MTA has again brought the festive flavor of yesteryear to the underground. The preserved 1930s R1-9 train cars are now in regular rotation every Sunday from now until New Year’s, an annual tradition on the rails since 2007. The weekend train […]

Beastie Boys’ Former Party House for Sale on Chrystie Street

There was a Dispatch in the New York Post last week that touched upon the availability of 55-59 Chrystie Street. Bankrupted and liquidated of its occupants – all commercial – the court-ordered bankruptcy appointee seeks to refill the ranks. The 46,350-square-foot building was reportedly undergoing upscaling to “higher-rent creative tenants” when, after shelling out roughly $1.9 […]