In pointing out the comically futile state of New York City's rental market, we didn't mean to suggest that ALL your dreams have "dissolved." Some of them might be shot full of holes, staggering around in a sea of similar faces, waiting to be plucked from "NO-FEE / LOTS OF SUNLITE / MICRO 1-BED" purgatory. It could happen to you.
Let the new residents of One Riverside Park enjoy their "rock climbing wall" and $25 million views. At the adjacent 40 Riverside Boulevard, Normal Humans can reside in relative comfort for $833/month in a studio, $895/in a one bedrooom, and $1,082 for a two-bedroom. The catch is that you have to earn between $30,240 and $50,340, and submit to a litany of credit and background checks and the kind of crippling uncertainty that rich people aren't usually acquainted with.
Since the developer received public subsidies to build the gilded cocoons, everyone is entitled to a fair shot at an affordable apartmenttens of thousands of people get to struggle for the 55 affordable units that tumbled onto the ground from master's table. This set-up is a gift from our billionaire mayor; de Blasio has promised to make the system fairer but his proposal still involves plenty of incentives for developers.
Yes, 40 Riverside Boulevard has a "poor door," which will sound super silly after The Revolution.
Apply for the units at 40 Riverside Boulevard here. The deadline is April 20. Buildings in Murray Hill and Fort Greene are also taking applications for their affordable units. To get on the city's mailing list to find out when new buildings take applications, go here. Brick Underground has a useful guide to navigating the affordable housing lottery.
Good Luck.
[via Brick Underground]
