Wednesday, August 7, 2024

Housing Lottery Launches for Park Lane Senior Apartments at 1940 Turnbull Avenue in Soundview, The Bronx - New York YIMBY


 

The affordable housing lottery has launched for Park Lane Senior Apartments, a 14-story mixed-use building at 1940 Turnbull Avenue in Soundview, The Bronx. Designed by Aufgang Architects and developed by Ashland Capital Partners and Pembroke Residential Holdings, the structure yields 154 residences. Available on NYC Housing Connect are 53 units for residents at 50 percent of the area median income (AMI), ranging in eligible income from $0 to $62,150.

Amenities include enhanced security with surveillance cameras in common areas, shared laundry room, package room, bicycle storage, comprehensive support services, on-site superintendent, community room, and an outdoor terrace. Units are equipped with in-unit intercoms and nurse call for added safety, energy-efficient appliances, and air conditioning. Rent includes gas for cooking, heat, and hot water, as well as complimentary Wi-Fi. Tenants are responsible for electricity.

At 50 percent of the AMI, there are 53 studios with a monthly rent of $0 for incomes ranging from $0 to $62,150.

Eligibility is only for individuals or households with at least one household member who is 62 years of age or older at the time of application. Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than September 30, 2024.

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