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Affordable Housing Lottery Opens for 14 Units in Long Island City, Studios Start at $2,431 Per Month

Rendering of The Green House located at 10-25 Jackson Avenue (Photo courtesy of HPD)

July 20, 2022 By Christian Murray

The NYC Housing Preservation & Development launched a lottery Tuesday for 14 income-restricted units in a 12-story luxury building on Jackson Avenue in Long Island City.

The development, called The Green House, is located at 10-25 Jackson Ave. —between 50th and 51st Avenues—and consists of 46 units. The building is striking since it is covered by three large murals that each measure about nine stories tall.

The 14 income-restricted units are for prospective tenants who earn up to 130 percent of the area median income. The units are far from inexpensive and are by no means for low-income workers. The most low-cost studio—at $2,431 per month—is for an individual who earns between $83,349 and $121,420.

Two-bedroom units will rent for $3,090, with applicants required to earn a household income of between $105,943 and $187,330 in order to apply.

There are 3 studios, 4 one-bedrooms and 7 two-bedrooms up for grabs.

The units available, including the monthly rent and income requirements (HPD)

The building includes an expansive amenity package, ground-floor retail space, and 40 parking spots.

The murals have been painted by Faile. The developer, Charney Companies, commissioned Faile to paint the murals as a means of enhancing the building and the neighborhood. Faile is known for blending fine art, street art, and popular culture together.

Charney is a Long Island City-based firm — headquartered on 46th Avenue—that also built The Jackson, a 53-unit condo building at 13-33 Jackson Ave.

Rendering of The Green House located at 10-25 Jackson Avenue (Photo courtesy of HPD)

All units in The Green House feature in-unit washer and dryer appliances, floor-to-ceiling windows, concrete Caesarstone countertops and backsplash, low-iron glass, panelized appliances and cabinetry, wide plank flooring, and sound attenuating insulated walls.

Units come equipped with an all-electric package which reduces environmental impact and includes blackout shades and individualized temperature control.

Residents will also have access to a fully equipped gym by Wright Fit, a residents’ lounge with a wrap-around terrace, co-working lounge, personal storage, and parking with electric vehicle charging stations.

Qualifying New Yorkers can apply for the affordable units until Aug. 9, 2022. To apply click here.

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24 Comments

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My mortgage, maintenance and gas/electric/spectrum bills

Are STILL lower than this. I have a one bedroom.

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Promote home ownership

No thanks. I pay that now for my mortgage. Got a 1 family in nyc and would rather own than pay rent and make a landlord rich.

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Ria

Do you own a multi family home? Whether its a 2 family or 10 family? Are you charging less than market rate if you have rental units? Do you know how expensive it has become to maintain a home?

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Everything is affordable if you have enough money

The word “affordable” should really be in quotes in these articles.

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David

Goldstein- But it’s not in Manhattan.It’s Queens, which in book is even better. Manhattan is too hectic busy and crowded. Manhattan is nice to visit but I wouldn’t want to live there, again .

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Marcy

Rents are so high in these new developments because it is going to cost you a lot more to have a doorman and if you are lucky private security in this city. Its the cities version of a gated community for rich folks who then claim to understand the struggle blk and brn people face because they live in affordable housing. Doesnt matter if the place down the block is 1000 dollars less. https://www.google.com/amp/s/nypost.com/2022/07/18/major-crime-skyrockets-37-in-nyc-nypd-data-shows/amp/

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Just the Usual

Critic Al, you are right
You have to laugh or you’d cry – unless you’re a landlord

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lucky number 7 train

$2431 for a studio is not affordable. why does the government subsidize luxury living for people making 6 figures. So politicians can say they are fighting for the working class and the little guy by claiming they have built affordable housing. This is disgusting

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Challenge to liberals - rent reform

Yes! Finally a comment that makes sense! By the way, all politicians lie, and unfortunately, all voters are voting for liberals. Empty promises, and time for a change.

Thanks to liberals, a household will need to make $200k a year to live in NYC. The other options are become homeless, get into debt, or move.

Instead of bail reform, there should be rent reform. Vote republican, at least you’ll be able to afford to rent, or buy, a home.

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Gullible Republicans believe in myths fairytales and conspiracy theories

Vote Republican and they’ll give you right to work legislation (RTW) like they did to Wisconsin, Indiana and Michigan and everywhere else they gain control. RTW will cut your earnings fact! They’ll control rents? They didn’t do it any of the places they control but did get RTW to cut peoples salaries. So rents will become even further out of reach. Fact! Republicans are con artist (RepubliCONs). It’s supply and demand that drives the rents. People want to be here not in Indiana or Arkansas. NYC’s population grew by the same amount of citizens who live in the city Miami (600,000) since 2010 US Census. Republicans give us gun massacres and Democrats gave us a spike in crime. At least the Democrats are tweaking the crime bills, what are Republicans doing about guns and daily mass shootings?

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just sayin'

“…what are Republicans doing about guns and daily mass shootings?…” the Democrats control the Senate, The House, and the White house…I think the ball is in their court…remember over 90% of the shootings in this country are committed by the Amish…less Amish=less problems…stop paying for free housing/health care/services and let the Amish population go down…

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John T

@Just saying: Since there are no “closed”boarders between states, the strongest gun laws are only as strong as the weakest gun law. A chain is only as strong as it’s weakest link. So, California, Massachusetts and New York can pass all the laws they want as long as places like South Carolina, Florida and Georgia to name a few do nothing to help manage and control guns and weapons of mass murder it’s nothing but watered down weakened efforts. Funny thing about Democratic control. How come Republican never passed a comprehensive immigration reform bill when they controlled both houses and the executive branch? They did pass that very generous tax bill for the top one percent.

Challenge to Trump lovers - real estate developer reform

Electing an elite-tier real estate developer to the nation’s highest office wasn’t great for rents it turns out! Adams wants to reform the rent cap system: “Small landlords are at risk of bankruptcy because of years of no increases at all” saying “this system is broken.” Is he a democrat?

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tds

421A tax abatement is a local tax break given to developers if they register a percentage of their building to be “affordable” ( using imo a ridiculous formula to calculate what is ” affordable “) Trump, Biden and the federal government isn’t involved. The housing voucher program is federal but that’s something else.

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Adams wants to reform the rent cap system

Is he a Republican too? I forget

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Gullible Republicans believe in myths fairytales and conspiracy theories

Small landlords didn’t know the risks and rules and regulations involved in the industry they invested in? I find that very hard to believe.

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Bebe

“ why does the government subsidize luxury living for people making 6 figures.”

Did you even look at the salary requirements? 88k for TWO people. That means a couple that makes a yearly salary of 44k each can afford to live here. That’s hardly “6 figures”. As a matter of fact 44k/year is practically nothing in NYC.

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David Smith

There are many people in NYC who earn over $100,000 a year. This is affordable to them.

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