Good Deals Housing Lotteries

Grand Concourse Housing Lottery Offers Units From $822

A new affordable housing lottery is being offered on one of New York City’s most famous promenades — and the deadline to apply is Feb. 8, 2018.

A total of 93 apartments are up for grabs at 2605 Grand Concourse, which Douglaston Developers is calling one of the first ground-up residential projects on Grand Concourse in decades.

The 12-story, mixed-income development is offering studios and 1-, 2- and 3-bedroom units to eligible applicants who earn at 60 percent, 75 percent and up to 130 percent of the area median income. That is a fairly broad range of income levels, starting at $30,515 for a single person all the way up to $143,910 for a six-person household. Rental rates, which span from $822 for a studio up to $2,190 for a 3-bedroom, are listed in the chart below.

The building includes parking and outdoor amenities. It sits steps from convenient subway, bus, and rail lines, and is close to retail shopping on Fordham Road. Residents also benefit from the adjacent St. James Park and Poe Park.

To apply online, visit the NYC Housing Connect site. To request an application by mail, send a self-addressed envelope to: 2605 Grand Concourse c/o The Wavecrest Management Team, 87-14 116th St., Richmond Hill, NY 11418.

Applications must be postmarked or submitted online no later than Feb. 8, 2018.

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