The affordable housing lottery has launched for 947 College Avenue, an eight-story residential building in Concourse Village, Brooklyn. Designed by Sion Associates and developed by Gurwinder Singh of Kulwant Properties, the structure yields 17 residences. Available on NYC Housing Connect are 11 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $101,418 to $227,500.
Amenities include an accessible entrance, elevator, online payment options, security cameras, and package lockers. Tenants are responsible for electricity, which includes stove, heat, and hot water.
947 College Avenue in Concourse Village, The Bronx via NYC Housing Connect
947 College Avenue in Concourse Village, The Bronx via NYC Housing Connect
947 College Avenue in Concourse Village, The Bronx via NYC Housing Connect
At 130 percent of the AMI, there are five one-bedrooms with a monthly rent of $2,684 for incomes ranging from $101,418 to $189,540, and six two-bedrooms with a monthly rent of $3,025 for incomes ranging from $118,218 to $227,500.
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than August 25, 2025.
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
With time off for good behavior?
I have noticed that on many of these buildings with EIFS facades, including this one and especially the ones that are being built in the Bronx, there appears to be a give or take 4″ setback from the lot line facade of the older brick neighbor. I don’t have any inside knowledge but I’ve started to think this 4″ space may be a provision for a brick facade that could be installed in the future. Sort of a futureproofing for the assumed continued upward market value of Bronx housing. So build cheaper now with the EIFS styrofoam stucco, but provide the opportunity to put on a fancier nicer looking skin in the future.
I would love this to be the case, but it also may be wishful thinking. I just don’t know what else would explain this setback that seems to be present on nearly every example I’ve seen that is built on the sidewalk lot line. Of course, ideally no developer should be unwilling to just build the nicest building possible with high quality materials first.
Maybe the city needs to create some sort of 1-3 year tax abatement or something similar to encourage increased spending on public facing elevations up front as a basic standard.
Seems like wishful thinking.
How often do you see property owners in The Bronx IMPROVE anything? We see the opposite all the time with parapet destruction despite rising rents throughout all of NYC
I’ll remain hopeful. Just because it’s unimaginable now doesn’t mean it will be 15 years in the future IMO.
I’m just saying it seems logical that is what explains the repeated setback feature. May even be some sort of DOB condition for allowing EIFS? I’d like to think so.
If I were making 200k+, there is no way in hell I would be living in something that ugly.