Housing lottery launches for 131 apartments on Staten Island
- New Yorkers who earn $64,732 to $140,080 are eligible to apply, and rents start at $1,790 for a one-bedroom apartment
- Developed by BFC Partners, the 12-story building has a shared laundry room, recreation room, and a rooftop terrace
NYC Housing Connect
Housing lottery applications are open for 131 rent-stabilized apartments at a new development on Staten Island. New Yorkers who earn $64,732 to $140,080 are eligible to apply, depending on the size of the household. Rents start at $1,790 for a one-bedroom unit.
The pet-friendly building at 475 Bay St. in the Stapleton neighborhood has a shared laundry room, gym, recreation room, and a rooftop terrace. It’s located near the Stapleton train station.
Developed by BFC Partners, the 12-story, $151 million project holds 270 apartments total, the Staten Island Advance reported. Half of the units are reserved for previously homeless senior citizens.
The apartments are set aside for New Yorkers earning 80 percent of the area median income (AMI)—a metric that depends on the number of people you live with. Currently the AMI for New York City is $113,000 for a two-person household. The apartments available include one-, two-, and three-bedroom apartments.
There are 43 one-bedroom apartments available for households earning from $64,732 to $101,680. The rent for these apartments is $1,790.
The developers have set aside 50 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. Read: "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, and for residents who are 62 years of age or older.
Applications must be submitted online or postmarked no later than April 22nd.
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.