Quantcast

The DNAinfo archives brought to you by WNYC.
Read the press release here.

Lottery Open for 22 Affordable Apartments in New Upscale TriBeCa Building

By Irene Plagianos | October 16, 2015 12:35pm | Updated on October 18, 2015 4:02pm
 456/460 Washington will be home to 22 units of affordable housing when the building is slated to open, in early 2016.
456/460 Washington will be home to 22 units of affordable housing when the building is slated to open, in early 2016.
View Full Caption
DNAinfo/Irene Plagianos

TRIBECA — Twenty-two affordable housing apartments in a swanky new TriBeCa building are now up for grabs.

Upscale apartment complex 460 Washington, which is still under construction, is offering low-income housing in its 107-apartment, 10-story building.

MORE STORIES ABOUT CHEAP APARTMENTS:

► Score a $565 Per Month Apartment Inside Durst Organization's Pyramid on West 57th Street

► Live With 18 Roommates For $1,800 a Month at Brooklyn 'Co-Living' Space

The lottery for the five studios, six one-bedroom apartments, and 11 two-bedroom units is now open for applications through the Housing Connect website, advertised as Bridge Land West LLC, 456 Washington Street.

The low-income studios are renting for $800, one-bedrooms for $860 and two-bedrooms for $1,041. To be eligible for the housing, applicants have to make 60 percent of the area median income (AMI). According to the New York City Housing Development Corporation, that amounts to $36,300 for an individual, $41,460, for a family of two, $46,620 for three or $51,780 for a family of four.

Those interested can apply online, or mail in an application. Applications are due by Dec. 14.

According to information on Housing Connect, each of the apartments has a washer-dryer, and residents have access to the roof terrace and a 24-hour concierge. Use of other amenities, including a fitness center, lounge and party room, children's playroom and resident storage will cost low-income residents "additional fees." The cost was not specified.

The property, said to be finished in the first quarter of 2016, is an 80/20 project — a housing program that gives developers tax abatements when 20 percent of the building is set aside for affordable housing.

Residents who live within the bounds of Manhattan's Community Board 1 will get preference for 50 percent of the apartments. Another five percent of the apartments will give preference to municipal employees. Applicants with mobility issues will also get preference for five percent of the units, and an additional two percent of the apartments will be set aside for people with hearing or visual impairments.

Information about pricing for the market-rate apartments is still not available. Request for comment from the building's owner, Related, was not immediately returned.