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Housing Lottery in Queens for Rent-stabilized Units Open for New Yorkers

Housing Lottery in Queens for Rent-stabilized Units Open for New Yorkers

New York City, NY: A new complex in Astoria, Queens, is offering 20 rent-stabilized units through a housing lottery.

Depending on the size of the household, New Yorkers with an income between $62,983 and $146,900 are eligible to apply. The base rent for a studio is $1,718.

The building at 22-51 45th St. is pet-friendly and offers a variety of amenities such as a laundry facility, gym, business center, leisure room, terrace, and co-working space.

The Astoria-Ditmars Boulevard subway station, which is accessible by the R and W trains, is less than a mile away. Dattner Architects were the architects behind the eight-story structure, which developer Mega Development claims has 64 flats and several facilities.

Mega claims that the building’s second-floor patio features a sauna, lounge, and barbecue grill station. Records from the Department of Finance show that it took the place of an industrial structure with one floor.

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These apartments are reserved for New Yorkers whose income falls between 80% and 130% of the area median income (AMI), a figure that varies by household size. New York City’s current AMI for a two-person household is $113,000.

Apartments with one, two, or three bedrooms are on the market. Households with an income between $80,126 and $122,000 per year (or more, depending on the number of persons living in the home) can choose from ten two-bedroom flats.

These apartments cost $2,168 per month. Worker housing in New York City will receive an additional 5% of the available units. Additionally, there is a tiny portion of the flats reserved for those who have special requirements related to hearing, vision, or mobility.

Local residents will receive priority for half of the rent-stabilized units, according to the developers. Due to a court settlement, future lotteries would employ a lower ratio. The lawsuit asserted that community preference practices perpetuate segregation and violate the Fair Housing Act.

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