lower east side housing lottery

A rendering of 180 Broome Street, part of the Essex Crossing development, where 121 affordable units are available to qualified applicants. (Courtesy of Handel Architects)

A newly launched affordable-housing lottery on Manhattan’s Lower East Side is offering 121 brand-new units to qualified applicants. The units are in the Essex Crossing complex and range from $562 for a studio to $3,770 for a 3-bedroom.

New Yorkers who earn 40%, 60%, 130%, or 165% of the area median income — or between $21,463 and $218,460 per year, depending on apartment size and number of people in the household — may qualify for the apartments. See details in the chart below.

essex crossing housing lotteryThese housing lottery units are in 180 Broome Street, which is “site 4” of the large, multi-site Essex Crossing development. Other sites include 242 Broome Street, 115 Delancey Street, 175 Delancey Street, and 145 Clinton Street. Designed by Handel Architects, the 25-story mixed-use building, called The Artisan, has a total of 263 apartments and features a fitness room, a children’s playroom, bike storage, and a residents’ lounge (additional fees apply).

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180 Broome is not yet listed on StreetEasy, but the median rent for a studio on the Lower East Side is $2,772, and $5,495 for a 3-bedroom, so these lottery units offer a substantial savings.

The deadline to apply for this Lower East Side housing lottery is April 7, 2020. To learn more and apply, visit NYC Housing Connect.

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