The city has opened a lottery for 22 income-restricted units at Waterline Square, a luxury development between 59th and 61st Streets along the Hudson River.
The units are available to people making between $27,875 and $49,120, with ranges based on household size. The rent for a one-bedroom is $741 and for a two-bedroom is $901.
Click to enlarge. Various conditions apply. The full details are here.
Waterline Square is a three-building complex that has received various tax incentives in return for setting aside some units for affordable housing. The complex has amenities that include a pool, bowling alley, fitness center, basketball court, music studio and art studio — they’re available to housing lottery winners for an added fee.
It’s also expected to have retail businesses including a Cipriani market with various places to buy food inside.
The development has both rentals and condos. A market-rate studio is currently asking $4,167 per month. There are rent incentives being offered.
Check out more info on the lottery and how to apply here. The deadline is July 23.