Housing lottery launches for 30 rent-stabilized apartments in Manhattan’s Garment District
- New Yorkers who earn $31,612 to $218,010 may apply, and rents start at $823 for a studio
- The doorman building at 341 West 38th St. has a gym, business center, and roof terrace
Housing lottery applications are open for 30 rent-stabilized apartments at a new development in the Garment District in Midtown Manhattan. New Yorkers who earn $31,612 to $218,010 are eligible to apply, depending on the size of the household. Rents start at $823 for a studio.
The doorman building at 341 West 38th St. has a gym, business center, roof terrace, package lockers, and a shared laundry room. It’s located between the Port Authority Bus Terminal and the 34th Street entrance to Penn Station, which serves the A, C, E, 1, 2, and 3 trains, New Jersey transit, Amtrak, and Long Island Rail Road.
Designed by Stephen B. Jacobs Group, the 19-story building has 112 apartments total. It’s an expansion of a former 12-story property under the city’s 421-a affordable housing tax abatement program, according to New York YIMBY and city records.
The apartments are set aside for New Yorkers earning from 40 to 130 percent of the area median income (AMI)—a metric that depends on how many people you live with. Currently the AMI for New York City is $124,300 for a two-person household. The apartments available include studios, one-, and two-bedroom apartments.
There are 12 studio apartments available for households earning from $31,612 to $49,720. The rent for these apartments is $823.
The developers have set aside 20 percent of the rent-stabilized apartments for applicants who already live in the area. Future lotteries will use a lower ratio as a result of a lawsuit settlement, which claimed the practice of community preference perpetuates segregation and violates the Fair Housing Act. Check out: "NYC agrees to cut percentage of housing lottery units set aside for nearby residents."
Another 5 percent of the apartments will be preferentially given to NYC employees. A small percentage of the apartments are also set aside for residents with mobility, vision, and hearing needs.
Applications must be submitted online or postmarked no later than Aug. 19th.
If you’re interested and think you might qualify for one of these apartments, you can create a profile and apply online via NYC Housing Connect. For details on this particular lottery, click here. Don’t apply more than once, or you could be disqualified.
Winning a rent-stabilized apartment can be life changing: Rent increases are capped and lease renewals are automatic, providing long-term stability for NYC renters. Need more information on how the housing lottery works? Check out “6 steps for applying to NYC's affordable housing lottery.”
For some advice from successful applicants read “How to land a rental apartment through NYC's affordable housing lottery.” And if you or someone you know is having trouble with the application process, consider reaching out to a housing ambassador in the community.
Note: Brick Underground is in no way affiliated with New York City’s Department of Housing Preservation and Development or the Housing Development Corporation. If you are interested in applying to these or other affordable housing developments, please go to NYC Housing Connect for information and instructions.
Have you successfully won an apartment through the affordable housing lottery? If you have first-person advice to share about the process, we’d love to hear from you. Please send us an email. We respect all requests for anonymity.
