
The affordable housing lottery has launched for 29 Featherbed Lane, a 12-story residential building in Morris Heights, The Bronx. Designed by Badaly Architect and developed by Arjan Gjushi, the structure yields 160 residences. Available on NYC Housing Connect are 40 units for residents at 40 to 60 percent of the area median income (AMI), ranging in eligible income from $28,595 to $105,000.
Amenities include covered parking, bike storage lockers, a shared laundry room, gym, and outdoor terrace. Residences are equipped with air conditioning, intercoms, and name-brand kitchen appliances, countertops, and finishes. Tenants are responsible for electricity and electric stove.
At 40 percent of the AMI, there are seven studios with a monthly rent of $723 for incomes ranging from $28,595 to $51,840; five one-bedrooms with a monthly rent of $770 for incomes ranging from $30,755 to $58,320; and four two-bedrooms with a monthly rent of $915 for incomes ranging from $37,200 to $70,000.
At 60 percent of the AMI, there is one studio with a monthly rent of $1,121 for incomes ranging from $42,240 to $77,760; 15 one-bedrooms with a monthly rent of $1,196 for incomes ranging from $45,360 to $87,480; and eight two-bedrooms with a monthly rent of $1,427 for incomes ranging from $54,755 to $105,000.
Prospective renters must meet income and household size requirements to apply for these apartments. Applications must be postmarked or submitted online no later than March 16, 2026.





No comments:
Post a Comment