Image via Waterline Square.
Developers got tax breaks in return for building hundreds of affordable apartments in a fancy new development along the Hudson River from 59th to 61st Street. Now, people can start applying for those units, and preference for half of them will go to people living in the community board district where the development resides: Community Board 7.
Waterline Square, a luxe trio of buildings designed by star architects (or starchitects) is expected to be completed by the end of this year. The city is accepting applications for the income-restricted apartments until December 6. Studios included in the housing lottery will rent for $1,041 a month. Two-bedrooms go for $1,350.
Tenants in these units can get access to some building amenities, including resident lounges, for free. Other, like the fitness center and basketball court, come for an additional fee.