Waterline Square, the final piece of the larger Riverside South complex on Manhattan’s west side, has been making swift progress since construction began in 2017. Sales launched last year, all three buildings in the complex have topped out, and the whole thing is on track for completion by the end of this year.
Now, the project has reached another milestone on its road to completion: The lottery for its 269 affordable apartments, located on the lower floors of each of the three towers, has now opened via NYC Housing Connect. The units are available to those making 60 percent of the area median income, or a range of $37,578 to $72,600 per years, depending on household size.
The available apartments are a mix of studios, one-, two-, and three-bedroom units, with rents ranging from $1,041/month (for studios) to $1,553/month (for two-bedrooms)—a significant discount on the median rental price for the Upper West Side, where a studio can top $2,500/month.
Worth noting is the fact that rentals and condos in the Waterline Square complex—there are hundreds of market-rate units in addition to these affordable apartments—have separate entrances; additionally, the affordable apartments have access to the überfancy Waterline Club, albeit for a separate fee. A spokesperson for the project has not responded to Curbed’s inquiry at press time.
Applications are open through December 6, and residents of Manhattan’s CB7 will get preference. You can find all the details on how to apply through NYC Housing Connect.