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Deadline to Apply to Gotham Point Affordable Housing Lottery Extended

Rendering of Gotham Point South Tower (left) and North Tower (right) (Courtesy of VUW)

Jan. 10, 2022 By Allie Griffin

New Yorkers have more time to try their hand at grabbing an affordable apartment inside a luxury tower on the Long Island City waterfront.

The deadline to apply for an affordable unit at a new development called Gotham Point has been extended to Jan. 17. Applications for the 270 apartments were originally set to close on Dec. 29. Qualifying applicants will be entered into a lottery and the winners will be offered a unit.

The units are located in one of two mixed-use waterfront towers that make up Gotham Point. The development is currently under construction and is being built through a partnership between development company Gotham and the nonprofit RiseBoro Community Partnership.

The 270 units are located in Gotham Point’s South Tower, a 33-story building located at 57-28 2nd St. They are being offered to low-to-middle income earners via the housing lottery.

The apartments — a range of studio, one-bedroom, two-bedroom and three-bedroom units — are available to households of one to seven people who earn 30, 50, 80, 125 or 165 percent of the area median income.

There are 54 studio apartments, 158 one-bedroom units, 40 two-bedroom units and 18 three-bedroom units available in the South Tower of Gotham Point through the lottery.

The apartments range in rent from $397 a month for a studio to $3,580 a month for a three-bedroom unit. The majority of the units listed in the lottery are available to people who earn between 125 and 165 percent of the AMI and thus have higher monthly rents.

Residents of Queens Community District 2 are given preference for half of the apartments in the lottery.

All residents will have access to a state-of-the-art fitness studio, 24/7-attended lobby, dedicated co-working lounges, a rooftop terrace, bike storage, children’s playroom, dog spa and more. Additional fees apply for some amenities.

The units feature open layouts, plank flooring, quartz countertops, stainless steel appliances, a gas range and a dishwasher.

In addition to the 270 lottery apartments in the South Tower, more units will be offered through the housing lottery in the North Tower, which is still under construction, at a later date.

Together, the buildings will include 1,132 total units — 75 percent, or 847 total, of which are available through the city’s housing lottery.

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