Lotteries for affordable housing in this city are few and far between, but a tipster alerted us to the fact that the 15-building Penn South complex, built in 1962, has opened its waiting list. Through the lottery, studios in the Chelsea development may be purchased for as little as $64,000, while two-bedrooms may sell for $109,500. Click through for details on how to apply. [CurbedWire Inbox; official]
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