The affordable housing lottery has launched for 60 Cedar Street, an 18-story mixed-use building in Bushwick, Brooklyn. Designed by S. Wieder Architects and developed by Louis Handler of BTE, the structure yields 145 residences. Available on NYC Housing Connect are 42 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $106,458 to $198,250.
60 Cedar Street in Bushwick, Brooklyn via NYC Housing Connect
60 Cedar Street in Bushwick, Brooklyn via NYC Housing Connect
Amenities include a shared laundry room, gym, elevator, and outdoor terrace. Residences come with dishwashers, air conditioning, intercoms, and name-brand kitchen appliances, countertops, and finishes. Tenants are responsible for electricity including heating and stove.
60 Cedar Street in Bushwick, Brooklyn via NYC Housing Connect
60 Cedar Street in Bushwick, Brooklyn via NYC Housing Connect
At 130 percent of the AMI, there are ten studios with a monthly rent of $3,105 for incomes ranging from $106,458 to $146,900; 11 one-bedrooms with a monthly rent of $3,317 for incomes ranging from $113,726 to $165,230; and 21 two-bedrooms with a monthly rent of $3,963 for incomes ranging from $135,875 to $198,250.
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than June 10, 2024.
Subscribe to YIMBY’s daily e-mail
Follow YIMBYgram for real-time photo updates
Like YIMBY on Facebook
Follow YIMBY’s Twitter for the latest in YIMBYnews
Hopefully these 130% AMI rental scam projects are about done.
yeah it ain’t right for all those trust fundies to get apts here.